Friday, November 16, 2018
Friday's Headlines - Deal In Works?
Saudi Arabia would reportedly make the investment through its Public Investment Fund (PIF), which has previously entered business deals with General Electric, AMC Entertainment Holdings, and Lockheed Martin.
"A PIF deal with Legendary would test Hollywood’s appetite for Saudi investments following widespread condemnation of Riyadh last month for its role in the killing of journalist Jamal Khashoggi," writes Reuters.
Legendary is best known for its part in films such as Christopher Nolan's Dark Knight trilogy, Pacific Rim, Jurassic World, and BlacKkKlansman. Its comic division has published several series including Frank Miller's Holy Terror, Grant Morrison and Frazer Irving's Annihilator, and licenzed Godzilla and Pacific Rim titles. Legendary has several comics-to-TV/film projects in development including Black Hammer and Nonplayer.