NBCUniversal chief Steve Burke made his observations this morning in Comcast‘s Q2 conference call with analysts as he discussed his company’s approach to films following its new production and finance partnership with Legendary Entertainment. Burke noted that NBCU is delighted with its animation alliance with Illumination. The partners’ Despicable Me 2 will become “the single most profitable film in the 100 year history of Universal Studios.” Meanwhile, Legendary is “going to make some of their own films” that target fanboys while Universal “will concentrate on everything else.” Burke says that NBCU will co-finance some of Legendary’s films, and it will co-finance some of Universal’s. He’s pleased with the outcome: “It was a competitive auction to see who would end up with the Legendary film relationship.”
Steve Burke Says ‘Despicable Me 2′ Is Universal’s Most Profitable Film Ever And Lauds Pact With Legendary
By DAVID LIEBERMAN, Financial Editor | Wednesday July 31, 2013 @ 9:48am EDTTags: Big Deals Film, Despicable Me 2, Legendary Pictures, NBCUniversal, Steve Burke
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This article was printed from http://www.deadline.com/2013/07/steve-burke-says-despicable-me-2-is-universals-most-profitable-film-ever-and-lauds-pact-with-legendary/
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