It only took 36 years, but the co-creators of the band and mockumentary, This Is Spinal Tap, have reached a settlement to pay Harry Shearer, Rob Reiner, Michael McKean and Christopher Guest at least some more of what they claimed they were owed in some $400 million in profits from merchandising and music sales since their legendary film first came out.
They’d initially filed a lawsuit against Vivendi, StudioCanal and Universal Music in October 2016, then asking for $125 million. They upped that to $400 million in 2017.
Vivendi and StudioCanal informed a federal court Friday in California about the settlement. Universal Music previously had settled claims over revenue from the movie’s soundtrack.
This new court filing reports that the parties are still working on restructuring and modifying the contracts regarding retroactive and future distribution.