It seems Warner Bros. have finally filled the void left by Legendary Pictures when the two film companies parted ways earlier this year after collaborating on films such as Christopher Nolan’s acclaimed DARK KNIGHT trilogy, MAN OF STEEL and PACIFIC RIM.
Warner Bros. have now secured a deal with RatPac-Dune Entertainment and its founders Steven Mnuchin, director Brett Ratner and Australian billionaire James Packer to fund Warner and New Line Cinemas’ entire upcoming film slate of up to 75 titles. According to The Hollywood Reporter the deal will last for three or four years and is worth a whopping $450 million, with Sandra Bullock and George Clooney’s GRAVITY to be among the first covered by the deal.
The Hollywood Reporter also claims that the deal will cover a portion of Warner Bros. highly successful reboot of the Superman franchise MAN OF STEEL which was released in June. This is in addition to apparently making sure Hollywood film director Ratner (X-MEN: THE LAST STAND, RUSH HOUR) will have no creative input on the films financed by his company, a decision that will no doubt please Ratner’s many critics. Here is the official statement regarding the deal:
‘We are very pleased to be entering into this relationship with RatPac-Dune Entertainment. ‘This agreement gives us increased strength and flexibility in the motion picture division and an even greater ability to manage risk as we continue to produce high-quality filmed entertainment for the global audience. We look forward to working with their team as we move forward in this exciting new partnership with a truly great organization’.
‘Warner Bros. Pictures has an incredible track record of success with the most valuable franchise properties, the best relationships in the creative community and an extremely talented executive team’.
Expect to see the RatPac-Dune entertainment logo attached to a whole host of Warner Bros films by the end of the year. In the mean time The Hollywood News will update you on any news relating to Warner Bros./New Line Cinema’s upcoming film slate.
Source: The Hollywood Reporter
