I've been thinking about this nearly-week-old piece from Variety about the impending split of Legendary Pictures and Warner. The gist of the piece is that, based on how well WB did without them on Green Lantern (an unqualified flop), they would be wise to stay on the Legendary train as they hurtle toward making more big comic book movies like Justice League.
While sources close to the matter stress that there is no clear frontrunner amongst rival studios should the partnership with Warner end, many industry insiders are betting that Legendary and Universal wind up together. Legendary’s films could easily translate into theme park attractions at Universal Studios properties around the world and could be cross promoted across all of NBCUniversal’s media assets, including NBC. Universal will need to replace the massive hole that will be left once its outside production funding from hedge fund Elliott Management dries up at the end of the year.
It's been a good partnership thus far, and I wonder what happens to the DC universe movies without Legendary's guiding hand.
In the end, Legendary could still stay put at Warner Bros. Tsujihara will presumably make further attempts to make Tull feel more welcome. And, earlier this year, Time Warner chairman and CEO Jeff Bewkes told analysts there was “problem solving going on” between the two companies.
Maybe we'll hear something at San Diego Comic-Con?
By mid-to-late summer, Hollywood should know whether Legendary and Warner Bros. still need each other.