According to court papers, Beatty bought the motion picture and television rights for Dick Tracy in 1985. He went on to star in and direct the 1990 film by the same name that won three Academy awards and also starred Dustin Hoffman, Madonna and Al Pacino.
Tribune has said an agreement that granted rights to Beatty had lapsed because the actor-director had not started work on a new project based on the character. [Click for MORE]
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