Colony


Legendary founder exits year after Wanda deal

Thomas Tull has resigned from US studio Legendary Entertainment a year after selling to Chinese conglomerate Wanda Group (Dalian Wanda). Effective immediately, he will step down as CEO and chairman, though he does assume a heritage position as founding chairman of the LA operation. Jack Gao, senior VP of Wanda Group and CEO of international […]

Sky buys US drama Colony

Sky’s latest US drama acquisition is Colony, the futuristic drama from Lost co-creator Carlton Cuse. Cuse created the show with Ryan Condal (Hercules). Set in the near future, it follows a family struggling to survive in a Los Angeles that has been occupied by a mysterious military force. Legendary, the independent US studio recently acquired […]

US rubber-stamps Legendary-Wanda deal

US regulatory authorities have approved the deal that will see Legendary Entertainment pass into Dalian Wanda’s hands, marking the first time a US studio has come under Chinese control. China-based Dalian Wanda’s US$3.5 billion deal to buy the Hollywood studio has got the greenlight from the US Department of Commerce less than a month after […]

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 […]

USA to remake La Reina Del Sur

USA Network is remaking popular telenovela La Reina Del Sur for US audiences. Fox 21 Television Studios and USA’s NBCUniversal stablemate Universal Cable Productions will make the 13-part show, which will be known as Queen of the South and debut in 2016. La Reina Del Sur began life as a best-selling novel from Arturo Pérez-Reverte […]