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Warner Bros And Legendary Are Teaming Up Again, But There's A New Catch
For eight years, Warner Bros. and Legendary Pictures had a studio partnership that produced huge hits for the studios, including Inception, 300 and Christopher Nolan's Dark Knight trilogy. That partnership came to an end in 2013 and Legendary went on to join forces with Universal Studios. Now it is looking like the distribution and co-financing deal between Legendary and Universal is coming to an end, and Legendary will be reuniting with Warner Bros. But this time, the terms of the deal will be a little different.
Under their previous deal, Legendary and Warner Bros. had a slate financing partnership wherein the two studios would co-finance big budget productions. In that manner, each studio was financially invested in the success of a film and each risked less of its own money. Standard distribution fees applied and the two studios would split the profits. According to Variety, the new deal, which is currently being negotiated, is a straight output deal. Under the new deal, for a fee, Legendary gets access to Warner Bros. distribution. Unlike before, neither studio will be obligated to invest in the other's films. That option will still be available, but it will no longer be required as it was for a specified number of films under the previous agreement.
The deal between Legendary and Universal ends at the end of this calendar year, but the writing has been on the wall that these two would be parting ways for a while now. A few weeks back, Legendary's Detective Pikachu switched from being a Universal Pictures release to being a Warner Bros. release, indicating that the two studios were ready to get back together. The alliance between Legendary and Universal didn't work out quite as well as Universal had hoped. Jurassic World: Fallen Kingdom for example, which was pretty much a guaranteed hit, was co-financed, and thus Universal had to split the profits. On the other side of things, Legendary pictures like Skyscraper and Crimson Peak that Universal distributed turned out to be misses at the box office.
This new deal between Warner Bros. and Legendary would seemingly offer the kind of flexibility that the previous deal did not, while also avoiding some of the things that soured the deal with Universal. Legendary gets to take advantage of Warner Bros.' vast distribution network and the studios can choose whether or not to invest in each other's projects. In that way, neither is trapped into sharing profits on a sure thing or having to make risky investments in the other studio's film. Warner Bros. and Legendary delivered in a huge way in the past with some incredibly memorable and successful films. Hopefully this new deal can bear fruit that's just as sweet.
Warner Bros. and Legendary have maintained their MonsterVerse relationship even during the Universal deal, with Kong: Skull Island being distributed by Warner Bros. The next film from Legendary Pictures and Warner Bros. in the MonsterVerse is Godzilla: King of the Monsters, stomping into theaters on May 31, 2019. For all the biggest movies still to come in 2018, check out our release schedule.
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One of the biggest complaints viewers seem to have about Avengers: Age of Ultron was that the "age" only turned out to be a matter of days. Ultron's reign lasts for a significant amount of time in the comic version of the storyline, but in the MCU, he was taken out before fans could truly feel like he was a significant threat.
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But looking at the trailer for a third, even fifth time, there's a thought that starts to creep in and take hold. Which leads to the whole purpose of why we're here today, as this is officially a request that Disney pull out all the stops for this 54 years in the making sequel, and allow Mary Poppins Returns to hit the screen in stunning 3D.
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Regardless of what you thought of the final product, the movie was fighting a losing battle years before it ever made it to the screen. However, it turns out there was even more going on behind-the-scenes than we realized, as Chris Hemsworth recently revealed that he considered quitting the production the day before filming was set to begin.
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The Meg Movie News!!! The Meg International Trailer Has Scary New Shark Footage Sometime during the night, Warner Bros. unleashed the savage first trailer for The Meg. And it's a lot of fun for lovers of shark mayhem. There have been an infinite number of goofy great white flicks released in the past decade, mostly crafted for the SYFY channel.
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