Warner Bros. co-chairs and CEOs Michael De Luca and Pamela Abdy were recently brought across from MGM as the Warner Bros. Discovery merger landed and David Zaslav started his one man rampage through the failing studio. They have wasted no time at all in returning to their former home in search of a major commercial deal.
MGM has chosen Warner Bros. Pictures as its new international delivery partner for theatrical releases outside of the USA. They take this on from Universal Pictures.
Warner Bros. International’s distribution division will do all release and management of overseas releases for MGM. They will also handle to worldwide release of the physical home entertainment options for any new MGM content, so DVD and BluRay.
The first movie to launch under this deal will be Luca Guadagnino’s Bones and All, followed by Creed III.
One key MGM franchise is excluded from the deal – James Bond. This is because the Bond movies are still controlled by Eon Productions, the Broccoli family company, who make their own deals.
They signed as deal themselves with Universal for the international distribution of two Bond pictures, starting with No Time To Die. So the new Bond movie featuring a brand new Bond, the 26th in the franchise, will be released internationally by Universal. The Bond 27th Bond movie could then be distributed internationally by Warner’s as long as Eon agree to fold into the wider MGM deal.
Universal handled House Of Gucci, among others, for MGM last year.
Some recent MGM films like Thirteen Lives and Samaritan are debuting on Amazon Prime after the online retail and services behemoth acquired the studio last year, giving Amazon a serious catalogue and a decent potential pipeline of movies and shows.