Legendary Returning Home With Warner Bros After Leaving Universal

After leaving Warner Bros to join Universal in 2013, it has been revealed that Legendary will be returning home with the studio they’ve had previous success.

Even though, Variety broke the story of the production company transferring back the move was board to happen with WB homing Godzilla: King of the Monster as well as the original, Legendary also moved Skull Island from Universal to Warner, which was renamed Kong: Skull Island.

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The summer blockbuster was a success and help path a way for Godzilla vs King Kong, set to be released in 2019.

After repeat flops Legendary decided to get out of their contact with Universal early with the hint with was happening after Detective Pikachu move to WB in the past couple of weeks. The company now have no films set up at the studio pulling out of their commitments to back the Dwayne Johnson and Gal Gadot action-thriller Red Notice.

Despite previous bad blood between Warner and Legendary, no one from the original leadership are at their respective employment. The US trade reveals WB chairman Toby Emmerich and Legendary’s Josh Grode “have been hammering out a new deal in recent weeks.”

The new deal will be “a straight output deal, meaning that the studio will release Legendary’s films for a fee” and unlike their previous deal this won’t be “slate financing deal” as this time around “Warner Bros could invest in certain Legendary films and vice versa, but neither company is be obligated to take equity stakes in each other’s films.”

This quick divorce will be for the best of everyone involved as Universal were unhappy in the relationship as well as it was believed the studio would be “better off if it had financed films such as Jurassic World without Legendary, because the studio was forced to share the profits on movies that were wildly successful and arrived without a lot of risk attached to them.

“In turn, many of the films that Legendary produced, such as this summer’s Skyscraper and Crimson Peak turned out to be box office missies.”

In the divorce, despite having some stakes in the franchise, will not have any input in the Jurassic World series nor should it. Furthermore, I’m interested how the home entertainment release for Skyscraper is going to work because it’s a Legendary film, but released under Universal so will be released by WB or Universal.

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It’s going to be interesting moving forward to see if both WB and Legendary find that spark that made them love each other in the first place and collaborated on films such as The Dark Knight Trilogy and Man of Steel.