Now, as a fan of Watchmen, I have mixed feelings about it being made into a feature film, let alone one under three hours, but I am generally optimistic about the way in which Zack Snyder has handled himself and the material.
The terms are not public yet, but according to the article by Variety:
Fox, on the other hand, will emerge with an upfront cash payment that sources pegged between $5 million and $10 million.
Fox will get a gross participation in "Watchmen" that scales between 5% and 8.5%, depending on the film’s worldwide revenues.
So, Fox is making out fairly well according to sources, and still retains the right to take in a gross from any sequels or spin offs, which would probably be widely ridiculed by the numerous Watchmen faithful.
However, Hollywood does have a tendency to bastardized any and all things sacred to make a buck, and if this becomes the hot property that many believe, I wouldn't be surprised to hear another film being planned.
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