The Sony-Warner Bros. tiff over services of red-hot producers Jon Peters and Peter Guber ("Batman," "Rain Man," "Gorillas in the Mist") will end with Sony getting their services, while Warner's gets real estate.
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Guber and Peters will run Columbia Pictures for new owner Sony, but Warner's gets Columbia's 42 percent stake in the 150-acre Burbank studio (worth about $200 million) and an ownership share in Sony's CBS Record Club. Columbia gets the old Lorimar lot in the deal.Guber and Peters will give up their stake in pictures under development for Warner's, including a "Batman" sequel, "Tango and Cash," "Bright and Shining Lie" and "Bonfire of the Vanities.'