Jeff Shell Touts Universal’s “Impregnable Position” If Blumhouse & Atomic Monster Merge

Jeff Shell Touts Universal’s “Impregnable Position” If Blumhouse & Atomic Monster Merge

NBC Universal chief Jeff Shell was coy yet clearly jazzed today about the possible merger of prolific horror producers Jason Blum and James Wan’s respective companies — Blumhouse and Atomic Monster – saying “I can’t confirm it,” but, “If that should happen, we are going to be in an absolutely impregnable position.”

He spoke at the UBS media conference today.

The two producers are in advanced talks to come together. If they do, Atomic Monster will benefit from the first-look deal with Universal Pictures that Blumhouse is currently under, having come to the conclusion of its own deal with Warner Bros. over the summer. It’s expected that the companies would continue to operate as separate labels, with each maintaining its own creative autonomy and brand identity. The alliance would boost the production companies’ combined output, with Atomic Monster using Blumhouse’s infrastructure to scale up across film, TV and new content from games to live experiences to audio. 

Related Story

Peacock At 18M Paid Subscribers, Up From 15M In Sept.; Jeff Shell Says Universal Now Rivals Disney Animation, Sees "Big Check" Coming For Hulu Stake

Blumhouse franchises include Paranormal ActivityThe PurgeHalloweenHappy Death Day, SplitOuijaUnfriendedThe Exorcist and Sinister. It was behind The Black Phone starring Ethan Hawke, and this fall dropped Halloween Ends, the final chapter in their rebooted series. Atomic Monster, meanwhile, is famous for its work on film series like The Conjuring, Insidious and Saw. The two companies are co-producers of Universal horror-thriller M3gan out next year.

She touted the film business where he said the economics ” are significantly better than they were before Covid, because windows finally compressed.” He said the17-day PVOD window in has become “hugely profitable” with 80-20 revenue splits, versus 50-50 in theaters. “That adds up.”

MORE

Must Read Stories

Amber Heard Appeals $10M Johnny Depp Trial Verdict; Wants Reversal Or New Trial

Spike Lee, Andrew Dominik, Akshay Kumar, Guy Ritchie, Red Carpet & More

Clooney, U2, Knight, Grant & León Feted; Borat Singes Trump, Kanye

See All The Panels From Deadline’s Awards-Season Event

Read More About:

Source: Read Full Article

Previous post Director Paz Encina Talks Trauma Of Separation From Loved Ones & Climate Crisis In ‘Eami’ Contenders International
Next post Kate Winslet Says Her Agent Was Asked About Her Weight Before Early Auditions
Lifestyle