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29.11.2022 - 00:15 / deadline.com
Sony Pictures Motion Picture Group and Legendary Entertainment have made a new multi-year worldwide film distribution partnership. The deal replaces the former pact which Legendary had with Warner Bros, however, both studios will continue to remain in business on select existing titles, read the upcoming Dune: Part Two which is shooting for a Nov. 3, 2023 release, as well as the Monster-verse movies. We told you back in August that Legendary was looking to move off its Warner arrangement.
Under the new Sony deal, the Culver City, CA studio will market and release Legendary’s new upcoming theatrical motion picture titles around the world sans China where Legendary East will handle all marketing and distribution on its movies.
Sony Pictures and Legendary are aligned in their ongoing commitment to theatrical distribution as a driver for other “downstream” windows and the theatrical window’s long-term value for films.
Sony will also handle home entertainment and TV distribution for the Legendary titles it distributes. Legendary retains the option to produce and distribute feature film content for the wide range of streaming platforms existing both today and for future incarnations.
“It’s a rare opportunity to partner in this mutually beneficial way with true pros, who are completely aligned in our theatrical commitment and vision for this business,” said Josh Greenstein and Sanford Panitch, Presidents of Sony Pictures Motion Picture Group. “The creative brilliance and power of Legendary is huge and we look forward to bringing their work to theaters across the world.”
“As we continue to grow our content offerings, we are excited to forge this relationship with Tony, Tom, Sanford, Josh and the rest of the exceptional Sony
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Taking a look ahead to 2023, Gower Street Analytics is projecting global box office to hit $29B, repping a 12% gain on 2022 should this year remain on track for approximately $25.8B. The London-based firm estimates 2022 receipts stood at $23.6B as of December 10.
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EXCLUSIVE: Sony’s 3000 Pictures has finalized a deal that will see Oscar winner Ang Lee direct Bruce Lee, a film that will star the filmmaker’s son Mason Lee in the role of the iconic martial artist. Dan Futterman, whose work includes Capote and Foxcatcher, is working on a script that has seen previous versions by Jean Castelli, Alex Law and Mabel Cheung, and, most recently, Wells Tower.
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Legendary Entertainment and Sony Pictures Motion Picture Group have launched a multiyear worldwide film distribution partnership pursuant to which Sony Pictures will market and distribute Legendary’s new upcoming theatrical film titles, the companies said Monday.Legendary and Sony Pictures are aligned in their ongoing commitment to theatrical distribution as a driver for other “downstream” windows and the theatrical window’s long-term value for films.As part of the pact, Sony Pictures will market and distribute new Legendary theatrical releases worldwide excluding China, where Legendary East will handle all marketing and distribution activities. Sony Pictures will also handle home entertainment and TV distribution for the titles it releases.
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