You may have seen the news that the Chinese conglomerate Dalian Wanda Group (headed by one of China’s richest men, Wang Jianlin) is buying Legendary Entertainment. This is of interest to me, mainly because Legendary has been on the forefront of giant monster movies, producing movies like Godzilla (2015) and Pacific Rim. Legendary also owns internet nerd properties like Nerdist Industries and Geek & Sundry.
Another interesting note about Legendary, at least to me. Most of the coverage of the acquisition deal has mentioned that Jurassic World was a Legendary prouduction. For example, from Stuff.co.nz:
Jainlin’s flagship group has agreed to buy the studio behind blockbuster hits Godzilla, the Dark Knight trilogy and Jurassic World in a US$3.5 billion ($5.35 billion) deal.
And while that’s technically true, Legendary’s involvement with Jurassic World was entirely financial. They had no creative input in the movie. The agreement Universal made with Legendary was that Universal would make the movie and Legendary would put up 20% of the budget for 25% of the profits. No doubt about it, that was an incredible deal for Legendary, especially once Jurassic World became a huge hit, but the movie’s success had very little to do with Legendary.
In other Legendary news, last year they filmed a movie called The Great Wall, with Matt Damon and Andy Lau, directed by Zhang Yimou. It will be out in November of this year, and it could be really interesting.