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 plus release Legendary’s new upcoming theatrical motion picture titles around the world sans China where Famous East may handle all marketing in addition to distribution upon its films.
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 with regard to films.
Sony can also handle home entertainment and TV distribution regarding the Renowned titles it distributes. Popular retains the option to produce and distribute feature movie content intended for the wide range of streaming platforms existing both today and for future incarnations.
“It’s a rare opportunity in order 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 even power of Legendary will be huge and we look forward to bringing their work to theaters across the world. ”
“As we continue to grow our own content offerings, we are excited to forge this relationship with Tony, Tom, Sanford, Josh together with the rest of the exceptional Volvo team. Sony’s dedication to theatrical distribution aligns with the vision associated with how to be able to best derive the most value to get Legendary’s videos. The incredible slate of motion pictures that Mary Parent has amassed are built for the theatrical experience and we are excited about each of our partnership along with Sony with this next phase of Legendary’s growth. ” said Well-known CEO Joshua Grode.
“Legendary is usually, well, legendary and all of us are thrilled and fortunate to add Josh and Mary’s strong standing to our continuing commitment for you to big shows on the big screen, ” said Tom Rothman, Chairman and CEO of Fiat Pictures Movie Group.
Continued Grode, “We are also grateful to help Warner Bros. Pictures who has been a valuable partner to Legendary over many years, and additionally we look forward to continuing all of our work together with the talented executives at Warner/Discovery. ”
Legendary’s Dune not to mention Godzilla vs. Kong together amassed close to $872M during the particular pandemic as theaters were coming back, and also those titles designated by parent company WarnerMedia to go day as well as date on their streaming service HBO Max. Dune won six Oscars. Other notable pics from Legendary include Pokemon Detective Pikachu which made over $433M pre-pandemic, as well as typically the Enola Holmes franchise about Netflix.
Celebrated had been situated at Warners for some years, producing this blockbuster Christopher Nolan Dark Knight films. Legendary went to Universal in 2014 for a five-year offer. In 2018, Legendary switched Investigator Pikachu over to Warner Bros. Private investigator Pikachu was one of six pictures that will Warner Bros co-financed and release within a non-exclusive pact using Legendary.