*A lawsuit between two film companies over the rights to the film “Precious” has been dismissed after both parties reached a settlement, according to the AP.
Lionsgate Films and The Weinstein Co. sued each other in February 2009 over rights to the film, which went on to win two Academy awards.
Lionsgate attorney Matthew Gershman says “the matter was amicably resolved to both parties mutual satisfaction,” but declined to give further details.
Notice of the dismissal was filed Thursday in Los Angeles.
“Precious” is based on the 1996 novel “Push: Based on a Novel by Sapphire.” Actress Mo’Nique and screenwriter Geoffrey Fletcher each won Oscar awards, and the film was nominated in four other categories. The film’s tale of a pregnant, obese teen — played by Oscar nominee Gabourey Sidibe — took $62.8 million at the boxoffice worldwide.