Warner Bros. Pictures In Co-Financing Deal With Domain Capital
deadline.comWarner Bros. Motion Picture Group and investment firm Domain Capital announced that they have inked a multi-year, co-financing agreement spanning multiple years that “reflects Warner Bros.
expanded focus of theatrical films as the company continues to grow its diverse slate of movies across every genre for audiences across the globe.” The new arrangement included Barbie — released in July — and will continue with the studio’s major tentpoles including Aquaman and the Lost Kingdom, Wonka and The Color Purple.
The time frame of the deal wasn’t released. The news comes after WBD reported mixed quarterly earnings last week with a glum advertising outlook, and as the company led by David Zazlav is making headlines over Coyote Vs Acme.
WBD planned to axe the finished Looney Tunes film but after an uproar from the filmmakers and creative community it decided instead to shop it around and is holding screenings.
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