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The Hollywood Reporter Covers Johnson & Johnson's Profit Participation Lawsuit Over "Knight Rider" (July 12, 2011)

Posted by Johnson & Johnson, LLP | Jul 12, 2011 | 0 Comments

‘Knight Rider' Producer Glen Larson Sues Universal for Millions in Unpaid Profits (Exclusive)

Larson, who presided over “Six Million Dollar Man,” “Magnum P.I.” and others, alleges a decades-long fraud: “It's Hollywood's version of being a sharecropper.”

The Hollywood Reporter

July 12, 2011

By Matthew Belloni

Legendary television producer Glen Larsonhas sued Universal claiming he was cheated out of millions of dollars in profits from some of the most iconic shows of the 1970s and ‘80s.

Larson, who presided over a remarkable run of hits including Knight Rider, Six Million Dollar Man, Magnum P.I., Battlestar Galactica and other shows, filed suit in Los Angeles Superior Court on Tuesday. In a complaint obtained by The Hollywood Reporter, he alleges a decades-long fraud perpetrated by a studio that never once sent him profit participation statements despite his shows earning hundreds of millions of dollars.

“Indeed, as the shows make more money for Universal, the deficit that Larson Productions must overcome continually increases,” the complaint states. “It's Hollywood's version of being a sharecropper.”

We've reached out to Universal for comment and will update with a response.

Larson began his long relationship with Universal in 1975. His deals entitled him to “net profits” from his shows.

Universal was “aware that they manipulated the accounting in such a manner that made it impossible for Larson Productions to ever receive contingent compensation from the television shows in the ordinary course of business,” the complaint states.

Jack Klugman, star of the Larson-produced show Quincy, M.E., also has sued Universal over profits.

The complaint alleges causes of action for breach of contract, declaratory relief, accounting, restitution for unjust enrichment, money due on open book account, conversion, fraud, negligent misrepresentation and unfair business practices.

Larson is represented by Neville Johnson, Douglas Johnson and James Ryan of Johnson and Johnson in Beverly Hills.

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