“In 1991, Plaintiff and the Capote Estate entered into an agreement with Paramount, whereby Paramount optioned certain sequel and prequel rights, among others, with respect to the film,” states the complaint. “The agreement provided that, if a motion picture was not produced within a certain amount of time, the rights would revert back to Plaintiff.”
No film was made, so the complaint claims the rights are back with the trust. Paramount claims it had no obligation to make the film, but purchased the right to do so for $300,000.
The lawsuit claims it has been approached by numerous produces who have interest in developing a television series based on the novella. Paramount claims it intends to do a film and sell it to a streamer.
Paramount has not commented on the lawsuit.