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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.
James Cameron's sequel Avatar: The Way Of Water is poised to revive the global box office from its current dry spell.The anticipated blockbuster currently has an opening-weekend global outlook of a whopping $525 million, Deadline reported on Tuesday.That's significantly more just for the opening than some superhero films like Shang-Chi or Black Adam have earned to date, indicating massive interest from audience goers.Cameron, who had to skip Monday night's Hollywood premiere after testing positive for Covid-19, previously said in a GQ profile that Avatar: The Way Of Water would have to earn somewhere north of $2 billion just to break even on its $350–400 million budget and millions more spend on advertising and distribution. Stunning haul: James Cameron's sequel Avatar: The Way Of Water is expected to earn $525 million in it's opening box office, Deadline reported on Tuesday; still from the filmThe first Avatar film, which premiered in 2009, went on to make $2.9 billion.A recent rerelease of the film with a 4K remaster and new high frame rate segments in some versions helped to earn another $75 million globally, while China will add to that total after rereleasing the film in theaters ahead of the sequel's debut.
And so it begins. Thirteen years after the first Avatar arrived in movie theaters, conquered and continued to conquer the global box office as the highest release of all-time with $2.9 billion worldwide, Avatar: The Way of Water, the sequel to the James Cameron directed 3x Oscar winning 3D sci-fi movie arrives with a global outlook of $525M in what is Disney’s widest global release ever at 52K screens, surpassing Avengers: Endgame.
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Akin to domestic, it was a rather sleepy weekend at the international box office. Disney/Marvel’s Black Panther: Wakanda Forever again won the frame, with $20.2M from 50 overseas markets for an offshore total of $339.3M and a global tally of $733M through Sunday.
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Oscar-winning filmmaker Ang Lee has cast his son Mason Lee to play Bruce Lee in a biopic about the legendary martial artist for Sony’s 3000 Pictures.The “Brokeback Mountain” director will helm a script by Dan Futterman (“Capote,” “Foxcatcher”), building on previous versions by Jean Castelli, Alex Law and Mabel Cheung and, most recently Wells Tower.Bruce Lee’s daughter Shannon Lee will produce the film, which is untitled for now, along with Ang Lee, Lawrence Grey of Grey Matter Productions, Ben Everard, and Brian Bell. 3000 Pictures’ Elizabeth Gabler and Marisa Paiva will oversee the project on behalf of the studio.
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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