Studio Briefing May 31 2007
COURT RAISES KANE SUIT A federal appeals court in San Francisco has revived a lawsuit filed by the daughter of Orson Welles in which she claimed that the estate of the renowned filmmaker is entitled to a percentage of the profits from sales of Citizen Kane. The film is currently part of the library of films owned by Turner Entertainment Co., a division of Time Warner. An attorney for Beatrice Welles later told Bloomberg News that under an agreement she signed with Turner the reversal of the lower-court decision will entitle her to compensation amounting to “seven figures....