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- The Bohemian Rhapsody profits lawsuit has been settled after the biopic’s immense success, which earned over $910 million and won four Oscars.
- Screenwriter Anthony McCarten sued GK Films for not paying him his entitled five percent of net proceeds, but the settlement terms remain undisclosed.
- Despite facing legal issues, the film’s massive profits and critical acclaim solidified its place in cinematic history.
The Bohemian Rhapsody profits lawsuit has officially been settled. The GK Films 2018 biopic centered around Freddy Mercury (Rami Malek) and the rock band Queen from its formation onward. The movie earned over $910 million on a budget of approximately $50 to $55 million. While suffering bad reviews, it won four categories at the Academy Awards, including Best Actor, Best Film Editing, Best Sound Editing, and Best Sound Mixing. In the midst of that success, however, it also faced a lawsuit from screenwriter Anthony McCarten.
McCarten believes that he was entitled to five percent of net proceeds, according to his contract. After the release, however, McCarten alleges that he was never paid by GK Films, as the studio is said to have accounted for a $50 million loss on the $910 million movie. McCarten took the issue to court, where The Hollywood Reporter indicates that the lawsuit has been settled. The settlement terms have not been disclosed.
The Lawsuit Over Bohemian Rhapsody
In the wake of the WGA strike, which ended on September 27, the financial and creative struggles of writers has been at the forefront of public consciousness for months. When he launched his lawsuit in 2021, McCarten was at the heart of that issue, as he fought to earn the payment that he was allegedly promised. He was not alone, either, as Gerard Butler also launched a 2021 lawsuit over the Olympus Has Fallen net proceeds.
The issue directly at hand with the McCarten lawsuit relates to the operational definition of “net proceeds“. GK Films reportedly used the 20th Century Studios definition, while McCarten operated under the assumption that it would be using the GK Films definition. Instead of deducting distribution fees, McCarten instead faced a financial loss on his own share of the profits.
McCarten complained that there has never been a set definition for any of the movies, insinuating that GK Films was not proceeding in developing its contract in “good faith“. The contractual terms were the major issue in the case, but the issue has since been fully resolved. The settlement terms will likely not be revealed, but McCarten has been satisfied enough to end the Bohemian Rhapsody lawsuit.