Universal Pictures And Legendary Entertainment Announce Multi-Year Film
Legendary to Leverage Comcast and NBCUniversal's Businesses Including
Universal Studios Theme Parks
UNIVERSAL CITY, Calif., July 10, 2013
UNIVERSAL CITY, Calif., July 10, 2013 /PRNewswire/ --Universal Pictures and
Legendary Entertainment will enter into a multi-year film partnership in which
the two companies will produce and co-finance Legendary and Universal films
with Universal distributing Legendary films worldwide. Making Universal its
new home enables Legendary to not only leverage the power and success of
Universal's film business and theme parks, but also the cross promotional
support from NBCUniversal and Comcast assets through the company's "Symphony"
program. The announcement was made today by Universal Pictures Chairman Adam
Fogelson and Co-Chairman Donna Langley and Legendary Entertainment Chairman
and CEO Thomas Tull.
"Comcast and NBCUniversal's global assets in film, television and theme parks
offer Legendary unmatched breadth and opportunity to grow our business. We
are delighted to be in business with this exceptional team and look forward to
a successful partnership," said Tull.
Universal and Legendary's film partnership is a complementary arrangement for
both companies. Legendary, which is known for producing and financing
successful large scale films, will continue to create and finance tent pole
films based on intellectual property that is uniquely appealing to the coveted
fanboy audience. And Universal, which has a proven track record of turning
films of all shapes and sizes into hits with special skills in growing and
nourishing original franchises, will market, co-finance and distribute
Legendary films for five years beginning in 2014.
"Legendary has demonstrated a keen ability to identify and acquire powerful
fresh intellectual property based ideas, match them with strong filmmakers and
turn them into blockbuster hits," said Fogelson and Langley. "The Universal
team is thrilled to have the opportunity to partner with Legendary in turning
those ideas into the best and most successful versions of themselves around
Under the terms of the deal Universal and Legendary will jointlyidentify
opportunities to expand Legendary's franchises and intellectual property into
Universal's theme parks, and Universal will have an opportunity to collaborate
with Legendary on projects in China following Legendary's historic deal with
China Film Group.
"Legendary continues to prove that big ideas are relevant and profitable with
our global movie-going audience. We couldn't be more thrilled to embrace the
challenges and changing marketplace with Thomas and his team and we are also
excited about what opportunities this will bring to our Theme Parks around the
world," said Ron Meyer, President and COO, Universal Studios.
"We are very excited to be in business with Thomas and Legendary," said Steve
Burke, CEO of NBCUniversal. "The partnership is a perfect fit for both
companies and I am confident that together we will be in an even better
position to deliver compelling, profitable entertainment content to a global
audience for years to come."
About Universal Pictures
Universal Pictures is a division of Universal Studios
(www.universalstudios.com). Universal Studios is part of NBCUniversal.
NBCUniversal is one of the world's leading media and entertainment companies
in the development, production, and marketing of entertainment, news, and
information to a global audience. NBCUniversal owns and operates a valuable
portfolio of news and entertainment television networks, a premier motion
picture company, significant television production operations, a leading
television stations group, world-renowned theme parks, and a suite of leading
Internet-based businesses. NBCUniversal is owned by Comcast Corporation.
About Legendary Entertainment
Legendary Entertainment is a leading media company with film (Legendary
Pictures) and comics (Legendary Comics) divisions dedicated to owning,
producing and delivering content to mainstream audiences with a targeted focus
on the powerful fandom demographic. Legendary has acquired Nerdist Industries,
a leading pop culture multimedia company, and Five33, an innovative global
company focused on franchise, theatrical and IP marketing. Through complete or
joint ownership, Legendary has built a library of marquee media properties and
has established itself as a trusted brand which consistently delivers
high-quality, commercial entertainment including some of the world's most
popular intellectual property. In aggregate, Legendary Pictures-associated
productions have realized grosses of more than $8 billion worldwide at the box
office. Highlights from Legendary's upcoming slate include PACIFIC RIM
directed by Guillermo del Toro; SEVENTH SON, starring Jeff Bridges; WARCRAFT;
GODZILLA, based on Toho Company's famed character; and HOT WHEELS. Legendary
recently announced it will produce Guillermo del Toro's next feature film,
CRIMSON PEAK. Upcoming Legendary releases with partner Warner Bros. include
300: RISE OF AN EMPIRE and prior successful Legendary and Warner Bros.
releases include the critically acclaimed INCEPTION ($823 million worldwide),
as well as the global blockbusters THE DARK KNIGHT trilogy ($2.5 billion
worldwide), THE HANGOVER three picture franchise ($1.4 billion worldwide
total), CLASH OF THE TITANS ($493 million worldwide), 300 ($456 million
worldwide), and the recently released MAN OF STEEL which grossed an estimated
$197 million in its worldwide opening.
SOURCE Universal Pictures
Contact: Kori Bernards, Senior Vice President, Communications, Universal
Pictures, 818-777-7216, email@example.com; Paul Pflug / Melissa
Zukerman, Principal Communications Group for Legendary Entertainment,
323-658-1555, firstname.lastname@example.org / email@example.com
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