^^^
That deal with DC wasn't over Watchmen. It was over V for Vendetta, and it wasn't to do with the film rights (Moore had those and he sold them).
Assuming this is true, here's the first place -- and
only place so far -- where I see an inconsistency.
If Moore is
so convinced that movies can't be made from his work; that Hollywood will fuck it up; and he doesn't care about the money, why would he ever sell the film rights to
any of his projects?
He would hold tightly to the film rights (on only the projects where he owns those rights, of course) and never let them go for any reason.
Or did he sell them long ago, maybe when he needed to pay the rent and/or before he decided that Hollywood was such a disaster?
Ah, but there's the rub in the case of "Watchmen." Alan Moore isn't the SOLE CREATOR of Watchmen. Dave Gibbons was a co-creator.
The result of which is that Moore has stated that his share of any proceeds from this film will go to Gibbons.
Odd, certainly, but it makes his point quite clear. Gibbons gets the money... and Moore gets to keep his own "conscience" clear over the film. For Moore to refuse to allow Watchmen to be made, he'd essentially be taking food out of the mouths of Gibbon's children.
So, while Moore may be an odd guy, he's got a sense or honor and morality which he's applying here.