Legendary Entertainment


Chinese conglom pays $3.5bn for Legendary

China’s Dalian Wanda is to acquire US studio Legendary Entertainment for US$3.5 billion. The Chinese conglomerate confirmed it had entered into a ‘merger agreement’ that would see it pay around RMB23 billion in cash for full control of Legendary. Previous investors such as Japan’s SoftBank and investment group Waddell & Reed are selling their stakes. […]

Chinese giant ‘cuts deal for Legendary’

Chinese conglom Dalian Wanda Group is reported to have taken a majority stake in US studio Legendary Entertainment. Reuters quoted an unnamed source who claimed the deal, which values Legendary at between US$3 billion and US$4 billion, had been done. Dalian Wanda already owns North America’s second-largest movie theatre chain AMC Entertainment, but this would […]

Netflix buys Jane the Virgin, Black Mirror

Netflix has acquired broadcast shows including The CW’s Jane the Virgin days after the streaming service confirmed it was to finance new episodes of dark British drama anthology Black Mirror. Comedy Jane the Virgin and CBS thriller drama Zoo are from CBS Studios International, while USA Network dystopian future drama Colony comes from Legendary Entertainment. […]

Legendary status

Former Sony TV sales boss Michael Grindon tells Jesse Whittock how Legendary Television’s emerging international sales division can offer an alternative to the Hollywood studios. Despite being the LA production studio behind The Hangover movie franchise, Legendary Entertainment’s push into television has been anything but lethargic. Less than a year since former Sony Pictures Television […]

Legendary moves into Asia, poaches Oe

Independent US studio Legendary Entertainment has expanded its TV operation to Asia and recruited influential Korean content exec Alex Oe to run the new operation, TBI can reveal. Oe has joined Legendary from Korean content group CJ E&M and will work in a new Seoul-based office. While at the producer, channel operator and distributor he […]

Japan’s SoftBank investing US$250m in Legendary

Japanese media and communications conglomerate SoftBank will invest US$250 million in US producer and distributor Legendary Entertainment and the pair will launch a new joint venture. The new JV will exploit Legendary’s TV and film content in China and India. Legendary has been beefing up its TV operation in recent months and its boss, the […]

Content bags Legendary’s Dead Rising

Content Media Corp. has acquired international sales rights to a feature film based on the Dead Rising video game series, which has also secured distribution on VOD platform Crackle. US studio Legendary Entertainment has sold the film to Sony Pictures-owned Crackle, where it will debut, and international distribution rights to content. The film, set during […]