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Now Legendary Entertainment, the production company that co-financed the two films, may take legal action against the studio over their decision, reported Variety. Legendary financed the $200 million-plus production at 75% and they were none too happy when Warner Bros. announced that the film, along with 16 other 2021 releases, would be heading to HBO … The next film to be released will be Godzilla vs. Kong (2021). You can change your choices at any time by visiting Your Privacy Controls. Godzilla vs. Kong, which stars Millie Bobby Brown, Kyle Chandler, Eiza Gonzalez and Jessica Henwick, is slated for release on May 19, 2021. Legendary Entertainment (also known as Legendary Pictures Productions, LLC, or simply Legendary) is an American media company located in Burbank, California. 'The Matrix 4,' 'Dune' and Other Warner Bros. Legendary Entertainment is reportedly set to challenge Warner Bros. over the latter’s decision to send Denis Villeneuve’s “ Dune ” and Adam Wingard’s “Godzilla vs. Kong” to … Legendary Entertainment is set to challenge Warner Bros.’ decision to release Denis Villeneuve’s Dune and Godzilla Vs. Kong on HBO Max. However, Warner Bros. also controls distribution of the projects, which is how the studio blocked the sale of Godzilla vs. Kong to Netflix last month, reportedly for $250 million. The budgets of both are reportedly $165 million and $160-165 … We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. The company was founded by Thomas Tull in 2000 and in 2005, concluded an agreement to co-produce and co-finance films with Warner Bros., and Universal Studios distributed their films in 2014. Films to Premiere on HBO Max and in Theaters Warner Bros. and Legendary Entertainment Nearing Agreement for 'Godzilla vs. Kong' Release Warner Bros. Pictures included Dune and Godzilla vs. Kong in their theatres and HBO Max release plan. Credit: Legendary/HBO Max/Warner Bros. Summary: Legends collide as Godzilla and Kong, the two most powerful forces of nature, clash on the big screen in a spectacular battle for the ages. Less than a week after Warner Bros.' bombshell announcement that all of its 2021 movies will debut in theaters and on HBO Max simultaneously, the studio may be facing a possible legal challenge from one of its collaborators. Negotiations over 'Dune' remain ongoing. Since 2016, Legendary has been a subsidiary of the … The company was founded by Thomas Tull in 2000 and in 2005, concluded an agreement to co-produce and co-finance films with Warner Bros., and began a similar arrangement with Universal Studios in 2014. Dune, which stars Timothee Chalamet, Jason Momoa, Zendaya, Oscar Isaac, Josh Brolin, Dave Bautista, Javier Bardem and Stellan Skarsgard, is set to debut on October 8, 2021. Sources familiar with the situation say top brass at Legendary are trying to have conversations with Warner Bros. regarding its upcoming films. The big film featuring the two monsters was scheduled to release in May. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. According to reports, Warner Bros. and Legendary Entertainment are now close to reaching an agreement regarding the release of Godzilla vs. Kong. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. According to a source, Legendary was only given 30 minutes notice before WarnerMedia made the announcement about the hybrid release plan. Sources claim that Legendary executives have been engaged in discussions with Warner Bros. seeking a better deal, though a lawsuit could come as early as this week if talks fail. About Warner Bros. Entertainment. News broke less than a week after Warner Bros. announced it was shifting its entire 2021 film slate to a hybrid theatrical-HBO Max release model that Legendary Entertainment … Warner Bros. might face legal charges from Legendary Entertainment over its deal with HBO Max. Sources claim Legendary is trying to negotiate, 'a more generous deal'  with Warner Bros., but legal action is not out of the question if talks fail. Legendary Pictures Productions, LLC, doing business as Legendary Entertainment or simply … It's possible that Legendary could sue on the grounds of breach of contract, though nothing has been filed at this time. Legendary Entertainment, the studio behind Godzilla vs. Kong and Dune, could be taking legal action against Warner Bros. soon to challenge the company's 2021 streaming release plan. Also Read | Dune, Godzilla Vs.Kong Producer 'Legendary Entertainment' May Sue Warner Bros; Here's Why. It appears that Godzilla vs. Kong will be roaring for Warner Bros. after all. Legendary have helped supply Warner Bros. with some of their biggest titles, from the Christopher Nolan Batman trilogy to The Hangover trilogy to … Reports tell us that Legendary Entertainment could be taking Warner Bros to challenge the company’s 2021 streaming release plan. And this streaming plan is taken well in the movie industry. Through Legendary's co-financing deal with Warner Bros., Legendary put up most of the financing for its movies, reportedly 75%, with Warner Bros. putting up 25%. Through Legendary's co-financing deal with Warner Bros., Legendary put up most of the financing for its movies, reportedly 75%, with Warner Bros. putting up 25%. The move comes after production company Legendary Entertainment recently engaged in a public spat with Warner Bros., after threatening to take … Yahoo is part of Verizon Media. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. According to Forbes, Warner Bros. recently blocked a deal that would have seen Legendary sell the film to Netflix for $225 million right before the … Last week, Warner Bros. announced that it would release all of its 2021 movie projects in the streaming platform HBO Max and United States movie theaters. Legendary and Warner Bros. … In a surprise announcement last week, Warner Bros. revealed that all 17 of their upcoming 2021 movies would release on HBO Max on the same day as their theatrical releases. Legendary Entertainment (also known as Legendary Pictures or Legendary) is an American media company based in Burbank, California. Godzilla vs. Kong or Legendary vs. Warner Bros. — which one has the potential to be the biggest stand-off of 2021?Either way, Legendary Entertainment will be involved in … Like us on Facebook to see similar stories, Larry King, TV host who gave boldface names a cozy forum, dies at 87, Larry King, legendary talk show host, dies. Dune director Denis Villeneuve is reportedly just as upset with the news as Legendary execs, since he preferred a traditional theatrical release for his movie. Warner Bros. Entertainment is a global leader in all forms of entertainment and their related businesses across all current and emerging media and platforms. Sources tell them that Legendary provided 75% of the funding for Dune and Godzilla vs. Kong. According to Deadline, Legendary Entertainment either has or will send legal letters to Warner Bros. as soon as today to challenge the decision to … Warner Bros. News broke less than a week after Warner Bros. announced it was shifting its entire 2021 film slate to a hybrid theatrical-HBO Max release model that Legendary Entertainment … Legendary Entertainment, who financed 75% of the budgets for both the upcoming Dune and Godzilla vs. Kong, is set to challenge Warner Bros. over its … Dune was initially slated to be the first part of a two-part adaptation of Frank Herbert's epic 1965 novel. The Wrap implies it’s all about money. The studio is nearing a deal with Legendary Entertainment … Warner Bros. has moved up 'Godzilla vs. Kong' two months to March 26. Legendary Entertainment is so displeased by the Warner Bros streaming plan that it was reported several weeks ago that the production company … Find out more about how we use your information in our Privacy Policy and Cookie Policy. Upcoming Legendary releases via its home at Universal Pictures include CRIMSON PEAK and KRAMPUS in 2015 and WARCRAFT in 2016. One possible solution would be for Warner Bros. to buy Dune and Godzilla vs. Kong outright from Legendary, though it's unclear if the studio is considering that option. Godzilla vs. Kong was reportedly produced under a $160 million budget, with Dune costing a whopping $200 million. Last month, TheWrap reported that Legendary, the producer-financier behind upcoming Warner tentpoles like “Dune” and “Godzilla vs Kong,” was … So when the rest of us hear the news that Warner Bros. panicked and started scheduling all those movies to be viewed in the comfort of people’s couches, apparently Legendary found out at the same time. Legendary Entertainment may sue Warner Bros. over HBO Max release? Warner Bros. Legendary Entertainment, which produced the upcoming movies Dune and Godzilla vs. Kong through their distribution deal with Warner Bros., is considering suing the studio, according to a report from Variety. Legendary was reportedly, 'kept out of the loop' when it came to Warner Bros.' plans to release its 17 films slated for release in 2021 on both HBO Max and in theaters. Warner Bros. has decided to release its entire 2021 film both on HBO Max … Warner Bros. 2021 release calendar includes big pictures like “Dune” and “Godzilla vs. Kong.” Legendary Entertainment paid for 75% of the former film’s $165 million budget, and covered a similar amount for the latter. Gallery: A research firm ranked the 20 most powerful entertainment brands right now based on 350,000 surveys over 2 years (Business Insider). The MonsterVerse is an American multimedia franchise and shared fictional universe that is centered on a series of monster films featuring Godzilla and King Kong, produced by Legendary Entertainment and co-produced and distributed by Warner Bros. Warner Bros, in the wake of making good with Legendary on the simultaneous release of Godzilla vs. Kong in theaters and on HBO Max, will be releasing … The first installment was Godzilla (2014), a reboot of the Godzilla franchise, which was followed by Kong: Skull Island (2017), a reboot of the King Kong franchise, and Godzilla: King of the Monsters (2019). The project was initially given the green light to launch both movies on the big screen, though there is no word if the sequel will move forward if it will roll out in theaters and on HBO Max like the first movie. Dune producers Legendary Entertainment may sue Warner Bros. Show full articles without "Continue Reading" button for {0} hours. 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