The past seven days

Wednesday, June 26, 2013

Legendary Pictures separating from Warner Bros.

One of the best partnerships in recent history appears to be coming to a close.

Legendary Pictures is responsible for films like Christopher Nolan's Dark Knight trilogy, The Hangover trilogy, Man of Steel, Inception, 300, Watchmen, etc.. It appears that the company is looking to part ways with Warner Bros. and bond to another company.
Many were hoping the recent executive reconstruction at Warner Bros. would convince Legendary to stick around but it doesn't seem to have made much of an impact. Companies in the running to partner up with Legendary are Universal, Sony, Fox, and Lionsgate.
However, there is a bit of a hiccup with all this. Legendary CEO Tomas Tull has expressed interest in keeping the company separate from any co-financers in an attempt to do what Warner Bros. did with Harry Potter only with the future DC Comics movies. By going solo on production Legendary will then gain all the benefits of the films. If this doesn't happen and Tull finds a studio he likes, the deal will most likely go through before their next big release, Pacific Rim, which comes out on July 12th.

The only issue I see with this is... are the DC Comics movies contracted through Warner Bros. or through Legendary? If they are through WB I don't see how Legendary can gain access to continue making these films without the partnership, especially if they co-finance with a company like Sony who owns quite a few Marvel franchises like Spider-Man.

[UPDATE] - Universal has won the prize. Legendary announced on July 10th that they have merged with Universal and their television partners NBC, USA, and SyFy. 

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