Movies - TV
Blumhouse and James Wan's Atomic Monster Might Merge - Why That's Huge For Horror
By RYAN SCOTT
The New York Times reported that Jason Blum's Blumhouse and James Wan's Atomic Monster are in advanced merger talks. Blumhouse has generated more than $5 billion with dozens of low-budget movies, including “The Purge,” “The Visit,” and “Get Out,” while Wan has generated iconic franchises such as "The Conjuring," “Saw,” and “Insidious.”
Blum, for all of his many successes, is not a creative producer by his own admission, yet he's a fantastic businessman. Wan, the director of "Aquaman" and "Furious 7," two of the biggest movies of all time, is a visionary — so these two successful content creators are opposites, and therefore, should complement each other well.
In the NYT piece, Blum said, "James is probably 70 to 80 percent artist and 30 to 20 percent business person, and I am the reverse. [...] I built a business by recognizing great ideas from other people," and Wan added, "I have so many ideas — more than I can handle by myself." This elite producer and powerful artist joining forces could result in epic genre content.