The Hollywood Reporter details a deal for Legendary Pictures which has them flush with more than $1 billion in new financing and extends its co-producing and co-financing deal with Warner Bros. Pictures.
The new arrangement props up Legendary's initial deal, made in 2005, that called for the company to invest $600 million over five years in a slate of 25 films that included "300," "Batman Begins" and "Superman Returns."
The newly announced pact sees Legendary essentially re-upping midway through that agreement, extending the deal to 2012, and could see it co-finance up to 45 films during the entire term. The movies under the deal include a mix of homegrown as well as Warners projects, including the Batman sequel "The Dark Knight," now in production.
Other projects include the adaptation of DC-Vertigo's gritty comic book "The Losers," a feature adaptation of the cult TV series "Kung Fu," a feature based on the successful Blizzard Entertainment online game franchise "World of Warcraft" and a remake of the 1981 fantasy "Clash of the Titans." Those join the already announced "10,000 B.C.," "Trick 'r Treat" and "Where the Wild Things Are."