Warner Bros Forms Multi-Year Pact To Distribute MGM Movies Overseas Beginning With ‘Bones And All’, ‘Creed III’; How Bond Will Be Handled

deadline.com:

EXCLUSIVE: Two months into their run as Warner Bros Pictures Group Co-Chairs and CEOs, Michael De Luca and Pamela Abdy, have hammered out a multi-year deal to handle the international distribution of MGM’s theatrical titles, commencing with Luca Guadagnino’s Bones and All in November and continuing with the 2023 slate and beyond; the second title under the pact being Creed III in March.The deal, which De Luca and Abdy worked out with MGM COO Christopher Brearton, will deliver a great deal of incremental revenue to Warner Bros.

I hear the terms are three years with an option for two and encompasses the theatrical distribution of MGM titles outside of the U.S.

including China. The new agreement also includes worldwide physical home entertainment distribution on all newly released MGM titles.

MGM and Warner Bros. Picture Group will team on marketing/advertising, publicity, film distribution and exhibitor relations on behalf of MGM’s future slate of theatrical releases outside the North American theatrical market, with Warner Bros responsible for execution.Previously, MGM titles were released overseas by Universal, and under the terms of the studio’s old deal, Eon’s Bond 26 will be released by Uni International, in addition to the Broccoli studio’s upcoming Orion Pictures release Till and Sarah Polley’s Women Talking during Q1 2023.