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Rich Johnston over at ComicBookResources.com has a theory about the Watchmen legal issues and their relationship with the old Batman tv series. Apparently, Fox owns all of the original footage from that particular Batman TV series. However, Warner Bros. owns the trademarks on the characters and won’t play nice with Fox on the series release.

Sources tell me that Fox want the 1960s Batman TV series. Currently Fox own the TV footage, but Warner Bros own the characters and trademarks, via their ownership of DC Comics. The rights to a DVD release have been held up for a long time now, and this case looks like it may be the instrument to release them.

Oh, Fox will get a wodge of cash as well - many millions of dollars it seems. But it seems they also want the rights to release the Adam West-starring Batman on DVD, something long denied fans of the series. And Warners will get the “Watchmen” film, to release as planned.

There were comic fans who threatened Fox boycotts over what they saw as their scuppering of the Watchmen movie. Looks like they may soon have cause to thank Fox for this action.

Source: Comic Book Resources