Pulling the plug on its development and production deal with Warner Bros. Television, the feature film production company and financier Legendary Pictures has apparently scuttled plans to expand into TV, Nellie Andreeva reports in Deadline.com.
The company, which is behind such features as “The Dark Knight,” “The Clash of the Titans” and “The Hangover,” is closing the television division it launched early last year as part of the Warner Bros. deal.
“Former AMC executive Jeremy Elice, who ran the department, handling Legendary’s day-to-day television activities, will be exiting the company,” Deadline reports. “Legendary had been quiet on the TV front, with no significant sales despite a great brand name, a strong roster of feature titles to tap from and the backing of a big TV studio.”
Company leaders apparently had reservations about the traditional television development model. Andreeva writes: “After testing it for a year, I hear they decided the template is not for Legendary, a company which tends to produce content in non-traditional ways. Legendary, which is led by founder/chairman/CEO Thomas Tull and president/chief creative officer Jon Jashni, is not shutting the door completely and still intends to enter the TV space, but is cautiously exploring how and when to make such a move.”
The company continues to maintain a busy schedule of feature releases, including the recent “The Dark Knight Rises” and “Wrath of the Titans.” It has a “Godzilla” remake in the pipeline along with the Jackie Robinson biopic “42” and a number of other projects.