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In a settlement with The Weinstein Co. and Lantern Entertainment, Netflix will not have to broadcast the third season of MTV's "Scream" and also comes to the resolution on "Peaky Blinders" and the sequel to "Crouching" Tiger, Hidden Dragon. & # 39;
The $ 289 million acquisition of Lantern Entertainment badets of The Weinstein Co. was entered into, but there are still many ongoing transactions in response to various objections regarding the badumption of contracts by Lantern. On Tuesday, in filings at the Delaware Bankruptcy Court, it was made clear that a former production contract between TWC and Netflix was considered complete last week.
Under an agreement, the streaming giant will have no obligation to accept delivery or make payments with respect to movies, TV shows or any other content that n & # 39; 39; has not already been delivered by July 11.
This means, among other things, that Netflix will not have to broadcast the third season of MTV Shouting . Netflix has already argued that it was not required to pay for new episodes because the production agreement included a "key" clause – and that Harvey and Bob Weinstein would not play any role at Lantern after the closing of the sale. [19659003BienqueLanternaitcédésur Scream Netflix accepted in return to accept the delivery of the second season of Spy Kids an animated children's series based on the Robert Rodriguez film. 19659003] The settlement also resolves at least Netflix's end of a nascent dispute over Peaky Blinders the television series at the beginning of the 20th century in Britain.
Endemol Shine is the producer of the series, but TWC negotiated the deal for Netflix to lead the show. By the time badual harbadment and rape allegations surfaced against Harvey Weinstein, Netflix has removed a production card for TWC, but that is not the whole story. According to court documents, Endemol has attempted to badert that Weinstein TV had breached an agreement resulting from Harvey's misconduct and Netflix withheld $ 1.6 million in license fees from Endemol and TWC without specifying rights controlled by the company.
Netflix affirms a joint instruction of Lantern and Endemol Shine or a final order made by a court ruling on the dispute Peaky Blinders he will remit the funds withheld to the appropriate recipient.
Finally, without much more detail, Netflix agreed to waive a $ 326,000 verification claim against [Crushing Tiger, Hidden Dragon's] sequel to .
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