Tekken Film Makers Sued over Film's Viability
Houston-based venture capital and private-equity firm Small Ventures has filed suit against Rizvi Traverse Management claiming that the firm misrepresented the viability of the TEKKEN film, reports Deadline.com. The 2010 release earned a meager $967,369 worldwide. Small Ventures invested $10 million into the videogame-inspired film. Rizvi claimed that it would recoup costs in foreign presales, but the film never made it to major international releases. Small Ventures wants damages, restitution and legal fees.
Rizvi co-founders John Giampatropni and Suhail Rizvi were both named in the lawsuit. Rizvi's investors include ICM, Playboy Enterprises and Summit Ent.
Rizvi co-founders John Giampatropni and Suhail Rizvi were both named in the lawsuit. Rizvi's investors include ICM, Playboy Enterprises and Summit Ent.
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Its such a shame this film never made it to major international release, as an avid Tekken fan from day one, I thoroughly enjoyed this film, and personally think they did a great job.
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