Legendary Pictures Finds New Home at Sony - Hollywood Reporter

Legendary Entertainment — Hollywood’s high-profile producer and co-financier of big-budget studio fare — has found a new partner in Sony Pictures.

Sony will also handle home entertainment and TV distribution for those films.

Sony does not have a streaming service, and Legendary will continue to partner with other companies for streaming, as it has with Netflix on the Enola Holmes films.

There is no formal deal for Sony to co-finance Legendary films, though it’s possible the two could explore that option down the road.

“It’s a rare opportunity to partner in this mutually beneficial way with true pros, who are completely aligned in our theatrical commitment and vision for this business,” said Josh Greenstein and Sanford Panitch, presidents of Sony Pictures Motion Picture Group.

After a long run at Warners, Legendary struck a new distribution and co-financing deal with Universal that officially began in 2014

The Legendary-Universal marriage didn’t last long and Legendary went back to Warners in 2019 following Tull’s exit in 2017

Pictures who has been a valuable partner to Legendary over many years, and we look forward to continuing our work with the talented executives at Warner/Discovery.”