Delivered from the Blast.

The clock is ticking: As expected, Fox and WB have settled their dispute over Zack Snyder’s Watchmen, thus clearing the way for the March 6 release. “Fox…will emerge with an upfront cash payment that sources pegged between $5 million and $10 million…More importantly, Fox will get a gross participation in “Watchmen” that scales between 5% and 8.5%, depending on the film’s worldwide revenues. Fox also participates as a gross player in any sequels and spinoffs, sources said.

Sequels and spinoffs? I don’t think so…how awful would those be? Then again, I’m still trying to wrap my mind around the forthcoming prequelish Watchmen: The End is Nigh Double Dragon game and, as the graphic novel predicted, the inevitable Watchmen action figures. (Archie and Bubastis sold separately.)

Even a stopped Watch is right twice a day.

Speaking of the costumed vigilante in question, it looks like the recent lawsuit by Fox to put a hold on WB’s Watchmen is now well on the way towards settlement. “Attorneys for both studios disclosed Friday that they had achieved progress toward an accord and agreed to delay a federal court hearing until today in order to continue settlement talks.” So, reset the Doomsday Clock for March 6, 2009.

Gizmos and Dynamos.

In fanboy casting news, Tr2n (now just Tron) gets a lead in Garrett Hedlund, formerly of Troy and Friday Night Lights. “Hedlund will play the lead, a man who finds himself pulled into the world of a computer and retracing the steps of a character from the original movie named Kevin Flynn.” (That would be Jeff Bridges.) And also coming along for the ride, Tron himself, Bruce Boxleitner.

Meanwhile, Jon Favreau’s Iron Man 2, which is currently still being written by actor Justin Theroux, may have locked down its villains in Sam Rockwell and Mickey Rourke. Rockwell seems to be up for Stark’s industrialist rival Justin Hammer, while Rourke will reportedly suit up as the Crymson Dynamo.

Rorschach/Nixon.

Strangelove much? The Japanese trailer for Zack Snyder’s Watchmen is now on the tubes, which contains some spoilery-type new footage if you haven’t read the graphic novel. (Note also the new Minutemen featurette on the official site.) Interesting that this trailer foregoes all the Dr. Manhattan-exemplifying-American-might stuff in favor of more emphasis on the alternate history and Cold War doomsday clock.

Hrm…

The bottom line: Warner Bros. had absolutely no right to roll film on Zack Snyder’s adaptation of the Alan Moore/Dave Gibbons superhero classic.” Forget the watchmen for a sec: Who’s watching Larry Gordon? A judge rules that Fox’s lawsuit over Watchmen does indeed have merit, and that former Fox, now WB exec Larry Gordon never actually secured all the necessary distribution rights to make Watchmen at his new home studio. “In his ruling, Feess concludes that Gordon never properly presented Fox with the option to produce and distribute the version of Watchmen developed by director Zack Snyder. He also makes it clear that neither Gordon nor Warner Bros. had bought out Fox’s interest before Warner Bros. went into production.

What this means for the movie is still up in the air, although a release delay of several months isn’t out of the question. When a similar incident happened with The Dukes of Hazzard, a case that involved the same judge, WB eventually just settled and ponied up before the release date.

Well, here’s hoping this gets worked out in short order. I’m guessing Snyder’s film is going to have some serious problems, but I’d still like to see it next to immediately. (Watchmen image above via The Nerd of Her.)

Canadian Bacon.

Times are tough, bub. In a clear sign that the economic downturn is affecting actors and celebrities as much as it is ordinary working people, Danny Huston and Liev Schreiber pay off their mortgages alongside Hugh Jackman in the new trailer for Gavin Hood’s X-Men Origins: Wolverine. Ok, I kid, this doesn’t look completely terrible. But some of the shots here — particularly Jackman walking away from the explosion, hanging on to that chopper, or otherwise engaged in wire-fu — definitely have that C-movie, Punisher: War Zone feel to them. And after the directorial switcheroo that brought about the lamentable X3: The Last Stand (which has an equally overburdened title, come to think of it — what’s with the colons?), I’m not all that inclined to look charitably on Fox’s handling of this property anymore.

Fanboy-wise, I had mostly checked out of X-Men by the time they began revisiting Wolvie’s origin every other year — most of the stuff I do remember involved Kitty Pryde and feudal Japan — so I can’t really speak to what’s going on in this clip in terms of comic continuity. That being said, I’ve always thought the cajun mutant cardslinger Gambit (here, Friday Night Lights‘ Taylor Kitsch, no pun intended) was a pretty goofy, throwaway character, n’est-ce-pas, mes amis? It is interesting to see (I think) Emma Frost pop up for a second, but, again, I’m much more familiar with the character in her old, Hellfire Club incarnation, before she pulled a Magneto somewhere along the line and got retconned into a X-member. (And I always thought, movie-wise, they should’ve cast Rosamund Pike for the White Queen, particularly in her ice-castle incarnation from the otherwise-completely-forgettable Die Another Day.)

City of Glass.

The Superman exists, and he’s American.” Several months after the fact, the Philip Glass-scored, Comic-Con Watchmen footage finally leaks onto the tubes. This looks more promising than the last trailer…but it’s always easier when nobody’s talking.

Update: In related news, see also Matt Groening’s Watchmen. (Via LMG and mkh.)

Midnight Agents, Superhuman Crews.

Among the bountiful harvest that is the Quantum of Solace trailer crop…

  • Trailer rights to use Philip Glass and Muse? Several thousand dollars. Lawyers to haggle out an armistice among warring studios? Millions. Finally getting a Watchmen film up and made? Priceless. Costumed heroes (the Voice-of-Mastercard among them) investigate the death of a Comedian in the story-heavy second trailer for Zack Snyder’s Watchmen.

    I’m all over the place on this one. There are some real red flags here — all the Snydery slo-mo shots of Malin Ackerman’s hair, for example — and some of the dialogue feels as stiff and expository as the ponderous take-a-meeting scenes in 300. Then again, as with the first trailer, I’m still having trouble just wrapping my mind around the fact that they finally made a Watchmen movie. So I’m inclined to be charitable, and the little flourishes throughout (Rorschach’s mask moves!) appeal to my inner fanboy regardless. (Also, while Jackie Earle Hale’s Bale-Batman-growl may be a tad distracting, it’s hard to imagine Rorschach with any other kind of voice.) For now, I’ll call it a push.

  • Bad Boy Kirk! Angry Spock(?)! Alluring Uhura! Villain with Ridges on Face! J.J. Abrams introduces his new-and-improved Enterprise babies in the crowd-pleasing trailer for the Star Trek reboot. I can’t say I’m expecting all that much from this venture, and this clip, particularly in its 2 Fast 2 Furious opener, doesn’t shy away from bringing the summer movie dumb. Still, I’m forced to admit this looks more fun than I’d earlier envisioned, and I’m looking forward to more of Simon Pegg’s Scott and Karl Urban’s Bones. (And Bruce Greenwood (Pike) and Eric Bana (Big Bad) are generally a welcome touch of class in any event.)

    Also out of late:

  • A stiff, robotic alien promises to destroy life on Earth in order to save it…oh yeah, and he brought Gort along too. Keanu Reeves get threatening in the new action-centric trailer for next month’s The Day the Earth Stood Still, also with Jennifer Connelly and Jon Hamm.

  • Speaking of threatening, Harrison Ford looks to uncork the finger of doom for the cause of immigration reform in the trailer for Wayne Kramer’s Crash-like Crossing Over. (I hope his wife and family are ok, at least.) Joining Indy on this border-crossing adventure: Summer Bishil, Alice Braga, Cliff Curtis, Alice Eve, Ashley Judd, Ray Liotta, and Jim Sturgess.

  • Immigration, Schmimmigration. According to the teaser for Roland Emmerich’s next forgettable summer jaunt, 2012, we’ve only got four years left anyway…and it’s all Dubya’s fault. Strangely enough, John Cusack, Amanda Peet, Danny Glover, Thandie Newton, Oliver Platt, Chiwetel Ejiofor, and Woody Harrelson are all along to surf this improbable Himalayan-swamping wave, but I wouldn’t expect much of a splash at the box office.

  • Finally, the revolution may not be televised, but it’ll soon be hitting at least a few screens here in America anyway: Witness the a international teaser for Steven Soderbergh’s Che (or, more to the point, Ches — I believe this project is still two films.) Word of mouth on this one has been highly variable, but I remain curious to see what Soderbergh and Benicio del Toro have come up with. Still, this strangely disjointed teaser — Ken Burns by way of Oliver Stone — doesn’t really get the job done.

  • The Clown, Transcribed.

    “The Bodyguard goes LIMP and slides off the table. The PENCIL is gone. MAGIC. The Joker BOWS. Grins at Gambol.” As part of WB’s “For Your Consideration” Oscar-push website, the official script for Christopher Nolan’s The Dark Knight is now online. Worth a read-through if you enjoyed the film as I did, if only to discover what memorable flourishes by Ledger’s Clown Prince of Crime were the actor’s creation. (Quite a few of ’em, it seems.)

    Masters of a Nothing Place.

    In anticipation of the second trailer (one of the many coming to theaters with this weekend’s Quantum of Solace), six new character posters for Zack Snyder’s Watchmen are released. That’s right-wing freakshows The Comedian (Jeffrey Dean Morgan) and Rorschach (Jackie Earle Haley) up top. See also Ozymandias (Matthew Goode) with Bubastis, Silk Spectre II (Malin Ackerman), Nite Owl II (Patrick Wilson), and Dr. Manhattan (Billy Crudup).