Legendary Pictures, a well-known American independent film producer, listed company, and a subsidiary of Legendary Entertainment, was acquired by Wanda Group in 2016, and is committed to film investment and education, dissemination and exchange of film culture, specializing in film and television creativity, shooting, production, operation and distribution
Founded in 2004 by Thomas Tull, Legendary Pictures is an independent American film production company based in Burbank, California, USA. In 2005, the company entered into an agreement with Warner Bros. to co-finance and produce 40 film and television productions.
On January 12, 2016, the signing ceremony of Wanda Group's acquisition of Legendary Pictures was held in Beijing, and Wanda Group announced the acquisition of Legendary Pictures for no more than US$3.5 billion in cash. On January 20, 2017, Thomas Tull, the founder, chairman and CEO of Legendary Pictures, announced his resignation.
Founded in 2004, Legendary Pictures is committed to film investment and the education, dissemination and exchange of film culture. In 2008, Legendary Pictures founded the New Talent Film Festival, aiming to introduce outstanding young directors.
Legend Pictures has reached cooperation agreements with embassies in China to promote film and cultural exchanges, such as the Film and Television Center of the French Embassy in China, the French Film Alliance, the Spanish Cultural Center in China, the Italian Cultural Center in China, the Polish Cultural Center in China, the Czech Cultural Center in China, and the Colombian Cultural Center. Legendary Pictures is a growing and internationalized film culture company.
Legendary Pictures has invested in a number of films, such as "Comfortable Life" (also known as "Our Life") and "Peacock Eye" (co-produced), and Legendary Pictures has reached film copyright cooperation agreements with many film and television institutions, such as Gaumont Film Company, Canal of France, Memando Film Distribution Company of France, and Cervantes Cultural Communication Company of Spain.
In addition to producing U.S. films, Legendary has announced that it is experimenting with a number of other businesses, all of which are currently in the early stages of development. Back in 2009, the company announced that it would create a digital division led by Kathy Vrabeck, which would focus primarily on game development, a decision that surprised many industry analysts because the film industry was spun off from the original video game industry.
In 2010, the company announced that it was in chief editor-in-chief: Bob Brown. Under the tutelage of Schreck, a comic book department called "Legendary Comics" was launched. The company was announced by Frank. Frank Miller's first graphic novel, Holy Terror, will be released in the fall of 2011.
In 2011, the company announced that its TV Creative Division would focus its efforts on developing television production. The TV production department will be led by Jeremy Brown. Jeremy Elice co-leads with a Warner Bros. deputy finance officer. According to reports, the TV project is being planned.
In 2011, the company announced the formation of its new legendary Oriental Film and Television Production Company in Hong Kong. 50% of the new company will be held by shell company Borrelli Y. Group (Kelvin Wu, CEO of Legend East, will hold part of the shares), 40% will be held by Legend Entertainment, and the remaining 10% will be held by Chinese mainland film distributor Huayi Brothers International.
Beginning in 2013, Legendary Oriental will produce 1-2 English-language films per year for the global market, and will finance two additional films per quarter each year. Because the company is based on Chinese culture, it gives her the right to circumvent the distribution quota of some foreign films. Legend Oriental is listed on the Hong Kong Stock Exchange with an initial market capitalization of $441 million. The title of the first step film was set as "The Great Wall".
