3:13 PM
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Woody Allen will be receiving $5 million after he agreed with the settlement in his lawsuit against American Apparel.
Woody sued the clothing company for $10 million in damages on 2007 after they used unauthorized image still from Annie Hall for their billboard.
The 72-year-old filmaker told reporters, "I am told the settlement of $5 million I am being paid is the largest amount ever paid under the New York right to privacy law."
He hoped that the outcome "would discourage American Apparel or anyone else from ever trying such a thing again."
According to E!, "American Apparel CEO Dov Charney made clear that it was not his decision to settle with the director, rather that of the attorneys for the hipster clothier's insurance company, which is footing the bill for the hefty legal fee."
Is is easiest way to avoid a long trial and inconvenience for both parties.
Woody sued the clothing company for $10 million in damages on 2007 after they used unauthorized image still from Annie Hall for their billboard.
The 72-year-old filmaker told reporters, "I am told the settlement of $5 million I am being paid is the largest amount ever paid under the New York right to privacy law."
He hoped that the outcome "would discourage American Apparel or anyone else from ever trying such a thing again."
According to E!, "American Apparel CEO Dov Charney made clear that it was not his decision to settle with the director, rather that of the attorneys for the hipster clothier's insurance company, which is footing the bill for the hefty legal fee."
Is is easiest way to avoid a long trial and inconvenience for both parties.
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