The ongoing legal battle over one highly-anticipated superhero film may be close to over. According to The Hollywood Reporter, 20th Century Fox and Warner Bros. are reportedly "close" to reaching a settlement deal over the distribution of the film, Watchmen, which is set for release on March 6.

While a judge did rule that Fox appeared to have distribution rights to the film, settlement talks waged all weekend and continued Monday behind closed doors in Los Angeles federal court.

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Neither party would comment on the discussions, but Warner Bros. did not continue to ask Judge Gary Feess to move up a January 20 injunction hearing, which would indicate a settlement could be reached shortly.

We'll certainly keep you posted on any and all developments surrounding this lawsuit. As it stands now, Watchmen is set for release on March 6.