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MGM Sued Over ‘Chitty Chitty Bang Bang’

From Bloomberg News

The estate of Ian Fleming, the writer who created James Bond and other works, says film studio Metro-Goldwyn-Mayer Inc. is infringing its copyright in the children’s book “Chitty Chitty Bang Bang.”

Fleming’s estate filed suit in Manhattan federal court against MGM, the studio controlled by billionaire Kirk Kerkorian. The suit says MGM’s right to profit from the 1968 film about a magical car expired in 1992.

An MGM spokeswoman declined to comment, saying the studio hadn’t seen the suit.

MGM shares fell 13 cents to $12.08 on the NYSE.

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