Sylvester Stallone Sues Over Lack of Accounting for 'Demolition Man' Profits

By:
Chris Gaetano
Published Date:
Apr 13, 2017
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Action star Sylvester Stallone is suing Warner Brothers over how the studio accounted, or rather didn't account, for the profits of the 1993 film Demolition Man, according to Accounting Today. The studio was supposed to give the actor 15 percent of gross earnings once the film earned more than $125 million. The studio, in 2014, however, said that it was still $66.93 million below this threshold. However, it sent him $2.82 million anyway. Stallone's production company, however, said that if the studio had done a full accounting on what the movie had earned, it would know that it owed him far more than that. Stallone's company alleged that Warner Brothers simply stopped tracking the movie's earnings around 1997. Stallone is seeking a complete accounting from tickets, DVD, VHS and BluRay sales, as well as other sources. 

The film 'Demolition Man' stars Stallone as a tough-talking cop who plays by his own rules. After being frozen in cryogenic sleep for some number of years, he wakes up in a world that is effectively free of crime, but there are also fines for public swearing and Taco Bell is the only restaurant in the world. He must face a criminal from his own era who, himself, was frozen and then revived for what later on is shown to be rather sinister political purposes. 

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