Hollywood News

Gerard Butler sues producers of ‘Olympus Has Fallen’ in a profit dispute

The lawsuit alleges that the producers had undervalued domestic and foreign receipts by tens of millions of dollars.

Gerard ButlerGerard Butler sues producers of ‘Olympus Has Fallen’ | OyeYeah News
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Gerard Butler sues the producers — including parent companies Nu Image and Millennium Films — of his 2013 film “Olympus Has Fallen’ in a profit dispute.

The Scottish actor claims in the suit that they also did not report $8 million that went to its own studio executives.

Butler starred as Mike Banning, a Secret Service agent in the film who must save the president when terrorists take over the White House.

The film followed two sequels, “London Has Fallen” and “Angel Has Fallen.”

As being reported, the 51-year-old actor filed a lawsuit Friday in Los Angeles Superior Court claiming that he is owed at least $10 million in backend compensation from the action film’s profits.

According to a news source, the lawsuit alleges that the producers had undervalued domestic and foreign receipts by tens of millions of dollars.

“There was fraud, breach of contract, breach of the implied covenant of good faith, and fair dealing and intentional interference with contractual relations and accounting with the film,” the filed suit cited.

“Producers have earned tens of millions of dollars from Olympus, but refuse to pay Butler a penny of the profits promised to him in the parties’ agreement,” the complaint stated.

“Producers embarked on a scheme designed to grossly misrepresent the finances of the Film to Butler so that Butler would believe that no such payments were due. It appears the Producers’ modus operandi is to hide the profits from Olympus in order to keep those profits for themselves,” the lawsuit added.

The development comes days after Hollywood actor Scarlett Johansson made headlines for suing Disney over the streaming release of her superhero flick, “Black Widow.”

 

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.