Some brief news that’s actually quite large considering the massive library of titled MGM owns. Variety reports that Sony has emerged as the last studio standing in the jockeying to make a deal for MGM’s distribution duties — including the 23rd James Bond pic. Paramount, Warner Bros. and Fox are all out of the running.
Studios had no comment Tuesday on reported details of a deal structure, but a person familiar with the situation told Variety that Sony and MGM are still hammering out particulars on a pact covering worldwide distribution of MGM titles and possible co-financing of upcoming films.
An overall distrib deal would also cover the two completed MGM titles, Red Dawn and The Cabin in the Woods (in post-converted 3-D!), as well as DVD and digital sales from MGM’s 4,000-title library (ahem, The Poughkeepsie Tapes).
Directed by Drew Goddard, the Cabin story line provides a new twist on a classic scenario — in this case the young-people-stranded-in-the-woods horror trope. Rumors say that we’ll be seeing a horde of different creatures from werewolves to J-horror ghouls.
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