Check Traffic

Check Traffic
Live Cameras, Conditions

°

Homepage / Entertainment
Text Size

Hanks Files Big Fat Suit Over 'Greek Wedding' Profits

Filmmaker, Vardalos Claim Producer Gold Circle Didn't Ante Up

POSTED: Wednesday, August 8, 2007

Tom Hanks, Rita Wilson and Nia Vardalos have sued one of the producers of "My Big Fat Greek Wedding," alleging they are still owed profits from the 2002 sleeper hit.

The lawsuit, filed in Los Angeles Superior Court, seeks unspecified monetary damages and a full accounting of the profits.

Vardalos, who wrote and starred in the film, and producers Hanks, Wilson and Gary Goetzman claim Gold Circle Films owes them their percentage "share of net profits." The lawsuit also names Big Wedding Prods. and Vortex Pictures as defendants.

The lawsuit said the movie cost $5 million to make. It has grossed about $370 million in theatrical sales, according to Box Office Mojo, a tracking firm. According to the plaintiffs, Gold Circle maintains the film's aggregate gross receipts total $287 million.

Scott Niemeyer, a principal at Gold Circle, has denied all claims in the lawsuit, which he labeled as "frivolous" and "completely without merit."

"Gold Circle has fully complied with its contractual obligations and has already paid plaintiffs a combined total of over $44 million in profits," he said in a statement. "Gold Circle has never thwarted the producers' audit rights."

Vardalos' contract stipulates an 8 percent participation in adjusted gross profits, while the other three plaintiffs are owed one-third each of the net balance remaining after backend disbursements, according to the lawsuit, filed Monday.

"The accounting statements rendered by defendants have been vague and inadequate in failing to provide information consistent with industry standards," it alleges.

Vardalos received an Oscar writing nomination for the movie.
The views expressed are not those of Click2Houston.com, KPRC or its affiliated companies. This is a community moderated forum. (Please note the 'Like' and 'Report' tabs.) By posting your comments you agree to accept our Terms of Use.

Comments

blog comments powered by Disqus

Links We Like

Sponsored Content
Before you hire a professional inspector learn to do your own pre-inspection to spot potential problems. More

Don’t ruin your chances of landing that new job by making easy to correct mistakes on your cover letter. More

People with type 2 diabetes can still enjoy restaurant meals with some planning and ahead-of-time menu sleuthing. More

The signs of Cancer can sometimes be very subtle. Here's a guide to help you recognize them early. More

Most Popular

Marketplace

  • AutoClick to Expand

  • JobsClick to Expand

    • 7 Killer Cover Letter Mistakes

      Don’t ruin your chances of landing that new job by making easy to correct mistakes on your cover letter.

    • Why Having Fun At Work Matters

      If people are having fun, they’re going to work harder, stay longer, maintain their composure in a crisis and take better care of the organization.

    • Ten Tips To Boost Your Interview IQ

      Interviewing is a learned skill, and there are no second chances to make a great first impression. So study these 10 strategies to enhance your interview IQ.

    • Learn How To Deal With Pay Cuts

      If you’re about to take a pay cut, find out how you can go about dealing with it and stay proactive about your salary.

  • WomenClick to Expand

    • Healthy Living In Your 40s

      Your guide to looking and feeling your best.

    • Manage Stress, Find Balance

      The idea of living a balanced life may seem like an oxymoron. Yet working toward balance and self-care is key to feeling in control and more joyful at home and work.

    • Weight & Exercise: The Right Mix

      Being healthy is related to how well you take care of yourself. But it’s never too late! A woman can learn new, healthy habits at any age.

  • InsuranceClick to Expand

    • Auto Insurance Quotes

      Simply enter your zip code and get great deals on your car insurance from the top companies. Click here and start saving today!

    • Health Insurance Quotes

      No matter where you live, you shouldn’t have to pay too much for health insurance. Your zip code is all you need and we’ll do the rest to find you great insurance rates.

    • Home Insurance Quotes

      Your home is your most valuable asset. So make sure you have coverage that fits your needs and doesn’t break the bank.

    • Life Insurance Quotes

      What would happen to your family if you were suddenly gone? Don’t leave their future to chance and find top quality life insurance before it’s too late.

    • Business Insurance Quotes

      Don’t take chances when it comes to insuring your business. To get the best rates from top companies in your area just enter your zip code.

  • HomesClick to Expand

Sponsored Links