Quentin Tarantino's Ninth Film Receives $100M Budget From Sony
Sony Pictures has emerged victorious in its quest to land worldwide rights to Quentin Tarantino’s next film. The studio was one of three finalists for distribution rights to the picture, beating out Warner Bros. and Paramount to land one of the hottest titles on the market.
Studio chief Tom Rothman pushed aggressively for the project, working with his top deputy Sanford Panitch and marketing and distribution chief Josh Greenstein to court the “Pulp Fiction” director, and selling Tarantino on the studio’s ability to market the picture and roll it out internationally.
Tarantino drove a hard bargain, however, and some studios balked at his deal terms. The picture, set in 1969, involves the Charles Manson family murders. It is rumored to have a budget of nearly $100 million and Tarantino is demanding first dollar gross, meaning he gets a taste of the studio’s pre-tax revenues. He also receives final cut. That scared off some suitors (one studio executive said, after crunching the numbers, it seemed too difficult to make money on the deal). Other studios were skittish about the controversial subject matter.
Source and more: http://variety.com/2017/film/news/quentin-tarantino-manson-1202617387/
For reference: Hateful Eight was "only" 44m.
Sony Pictures has emerged victorious in its quest to land worldwide rights to Quentin Tarantino’s next film. The studio was one of three finalists for distribution rights to the picture, beating out Warner Bros. and Paramount to land one of the hottest titles on the market.
Studio chief Tom Rothman pushed aggressively for the project, working with his top deputy Sanford Panitch and marketing and distribution chief Josh Greenstein to court the “Pulp Fiction” director, and selling Tarantino on the studio’s ability to market the picture and roll it out internationally.
Tarantino drove a hard bargain, however, and some studios balked at his deal terms. The picture, set in 1969, involves the Charles Manson family murders. It is rumored to have a budget of nearly $100 million and Tarantino is demanding first dollar gross, meaning he gets a taste of the studio’s pre-tax revenues. He also receives final cut. That scared off some suitors (one studio executive said, after crunching the numbers, it seemed too difficult to make money on the deal). Other studios were skittish about the controversial subject matter.
Source and more: http://variety.com/2017/film/news/quentin-tarantino-manson-1202617387/
For reference: Hateful Eight was "only" 44m.
