Fox and Boom! Studios Have an Unprecedented Licensing Deal.

2969600-boomipad_image001-400x521The Hollywood Reporter is saying that 20th Century Fox just finalized a deal with Boom Studios that would give the movie studio first-look rights on any movie adaptation based on a Boom! Studios property

According to THR the agreement is pretty unique in the field of comic studios with exclusive licensing deals with movie studios, especially where creators rights are concerned.

The pact potentially could be one of the most lucrative underlying rights deals ever made with a comic book company. According to insiders, as part of the new pact, Boom!, in an unprecedented move, will get first-dollar gross on the movies made from its properties, with those earnings being split 50-50 between the publisher and the adapted comic’s creator(s). “In an era where Jack Kirby doesn’t get paid for The Avengers, we are bringing the Jack Kirbys into the circle,” said Boom!’s Ross Richie. “They can use our expertise in the field while they focus on being creative.”

This is the a type of deal that is pretty much unheard of and I hope that more deals like this get made in the future.

 

Source:

THR

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About Jeremiah Fat-Bastard Slack

Just another G33k out in the verse having fun and helping spread g33k news and culture everywhere!!

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