Posted on Thursday, August 29th, 2013 by Germain Lussier
As Legendary Pictures settles into their new deal with Universal Pictures, CEO Thomas Tull & co. have begun to figure out which projects they can help finance. First up will be Dracula, directed by Gary Shore, starring Luke Evans and Dominic Cooper. That movie is out August 8, 2014. After that, they are interesting in helping with Colin Trevorrow‘s 2015 sequel, Jurassic Park IV. Nothing has been made official but early reports are Legendary is interested in co-financing the film, pending a final look at the script and creative elements.
Variety broke the news of Legendary’s first moves at Universal. According to the article, part of Legendary’s new partnership requires them to invest about $275 million annually into Universal films. Some preexisting franchises, like Fast and Furious, are not eligible. Jurassic Park is, despite this hilarious tidbit:
Although Steven Spielberg won’t be directing the next “Jurassic Park” movie, his hefty gross participation in the VFX franchise will take a significant bite out of the pic’s profits.
I believe the word for that is “Pimp.”
Tull and Legendary are hoping their move to Universal will grant them more control over their films and a greater catalog of characters and franchises to team up on. Currently, they still have several films left over in their deal with Warner Bros. (Godzilla, 300: Rise of an Empire, Crimson Peak and Interstellar) while Seventh Son, which was originally at Warners, came with them over the Universal and will likely be their first release. They’re also developing a ton of other films, such as Warcraft.
Basically, this is all very technical, behind the scenes Hollywood stuff but Legendary has built themselves a very specific brand. And that brand definitely fits not only with Dracula, but Jurassic Park too. Their participation would give the film not only some more sound financial backing, but a whole new, talented bunch of creative people to potentially help improve the project.
Does it matter to you if Legendary helps finance Jurassic Park IV?