Legendary Entertainment — Hollywood’s high-profile producer and co-financier of big-budget studio fare — has found a new partner in Sony Pictures
Dune: Part TwoThere is no formal deal for Sony to co-finance Legendary films, though it’s possible the two could explore that option down the road.
Legendary was founded in the early 2000s by Thomas Tull at a time when Hollywood studios relied heavily on flush co-financiers backed by private equity money. The company put money intoBut as Tull established himself, he also wanted Legendary to become a production company in its own right using a major studio’s vast distribution and marketing networks.
“Sony’s commitment to theatrical distribution aligns with our vision of how to best derive the most value for Legendary’s movies,” said Legendary CEO Joshua Grode. “The incredible slate of movies that Mary Parent has amassed are built for the theatrical experience and we are excited about our partnership with Sony for this next phase of Legendary’s growth … We are also grateful to Warner Bros.
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