"iCon" has run into contractual problems, say sources close to the negotiations
Photos: NBC, Apple Inc.
It's only an Apple (AAPL) satire, but already the lawyers are playing Steve Jobs' kind of hardball.
Less than two weeks after the studio Media Rights Capital announced that it had struck a deal with the Epix channel to make a TV comedy series pilot called "iCon" -- "a scabrous satire of Silicon Valley and its most famous citizen," according to its creator -- the deal has hit a snag.
The pilot was to be overseen by Larry Charles, an Emmy-winning writer ("Seinfeld," "Curb Your Enthusiasm") and director ("Borat," "Religulous" and "Brüno") and written by Dan Lyons, the formerly anonymous author of The Secret Diary of Steve Jobs and now a Newsweek contributor.
The original contract gave MRC rights to Lyons' novel, "Options: The Secret Life of Steve Jobs — A Parody." But after the deal was announced, our sources say, the studio quietly added a clause by which it would have owned Lyons' blog as well.
Lyons' lawyers caught the change, and now the two sides are at loggerheads.
[Follow Philip Elmer-DeWitt on Twitter @philiped]
Every morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Written by Michal Lev-Ram and emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Citigroup Inc | 32.36 | -1.00 | -3.00% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
.
