A corporate tug-of-war over "Tyrant" appears to have found a peaceful resolution. TheWrap.com reports that Twentieth Century Fox and King Midas World Entertainment ended their battle over the brand.
Twentieth's "Tyrant" is an FX series that premiered June 24 for its 10-episode first season, in which a U.S. family is pulled into turbulence in the Middle East. King Midas, meanwhile, has its own "Tyrant" — a superhero property based in Las Vegas.
The companies released a joint statement confirming that they've come to terms and will not challenge each other's mark.
“The Parties have agreed that in all types of marketing and promotion to clearly reference directly and specifically to their own indicia, and to work together in good faith to make sure no confusion is created among the public,” the companies said in the statement.
"The superhero 'Tyrant' was created by Fabrizio Boccardi, CEO of King Midas World Entertainment, with the intention of launching a franchise and creating a global brand," TheWrap reports.
In the statement, Boccardi said: “We have big plans for this property, which are actively in development and others that we are pursuing also with sizable investments and qualified partnerships and licensing agreements."
Boccardi's story is reportedly in active development for a feature film.
FX's “Tyrant” was created by Gideon Raff and developed for TV by Howard Gordon and Craig Wright, the article notes.