Richard Williams, father of Serena and Venus, being sued after allegedly reselling rights to his life story

Warner Bros. makes a film about the life of Richard Williams, but two media companies say that this should never have happened. TW3 Entertainment and Power Move Multi-Media are suing WB, Overbrook Entertainment and Williams and claim that TW3 Entertainment and Power Move Multi-Media first owned the rights to Williams' story, according to TMZ.
The problem comes from Williams' book "Black and White: The Way I See It". T3 Entertainment and Power Move Multi-Media said they bought the rights to this book and Williams' life story in 2017. Williams, the father of tennis stars Serena and Venus Williams, sold the rights to his life story to Warner Bros. so that the company could make a film. TW3 Entertainment and Power Move Multi-Media say they have been excluded from this deal. They claim Warner Bros. knows that this would be the case.
As part of the lawsuit, T3 Entertainment and Power Move Multi-Media are asked to invest all profits from the film titled "King Richard" in a trust in their favor. According to the TMZ, they also claim other damages.
King Richard is scheduled for release in November, but it is unclear whether corona virus delays will affect this schedule. Will Smith will play Richard Williams in the film. Smith owns Overbrook Entertainment, one of the companies sued by TW3 Entertainment and Power Move Multi-Media.
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