Tag: Enola Holmes

  • ‘Dune’s Legendary Sells Minority Stake to Apollo

    ‘Dune’s Legendary Sells Minority Stake to Apollo

    Legendary Entertainment has seen a strong rebound during the pandemic, as their latest releases Dune, Enola Holmes, and Godzilla vs. Kong left a good impression, especially since the latter was the first to revive the box office during its March release. Yet, the company has been open to potentially sell or even merging with other companies back in July. It seems that they found a buyer, as Legendary has sold a minority stake of its company to the equity firm Apollo for $760M. However, no official statement has been made on how large that equity stake will be. CEO Josh Grode had the following to say on their sale:

    We didn’t need to do this now. We have a significant amount of cash on our balance sheet.” The influx of funding from Apollo “positions us for what we believe is the future, which is a lot of M&A opportunities.

    Josh Grode

    The company was first purchased back in 2016 by Wanda for $3.5 billion and went on to produce some strong box office franchises. Dune made quite a splash at the box office last year and they’ve made some strong deals with streamers to extend their IPs through other means, such as the recent announcement of an Apple TV+ series that explores the aftermath of 2014’s Godzilla. It seems they have also considered a full takeover, but decided against it. Besides its film offerings, Legendary also consists of a comic book, VR, licensing, and merchandising divisions.

    Source: Deadline

  • Millie Bobby Brown and Henry Cavill Returning for ‘Enola Holmes’ Sequel

    Millie Bobby Brown and Henry Cavill Returning for ‘Enola Holmes’ Sequel

    It looks like Netflix has another hit on their hands, as it was just revealed by Deadline that Henry Cavill and Millie Bobby Brown will be reprising their roles for a sequel. The film is based on Nancy Springer’s book series The Enola Holmes Mysteries that consisted of six entries. It explores the family dynamic between the Holmes and explores the rebellious teenage sister, who is just as much a super-sleuth as the rest. As such, it seems logical that we can expect around the same number of films as their new go-to film franchise.

    I can’t wait to collaborate again with my Enola Holmes family! Enola holds a special place in my heart – she’s strong, fearless, intelligent and brave. I look forward to fans seeing how her journey continues!

    Sherlock Holmes has seen countless adaptations throughout the years. So, the focus on his younger sister adds a new perspective to the classic whodunnit story structure we’ve come to love from the franchise. There s no word if others of the original cast will also return or if they will truly follow the books one by one. They could also add their own twist and take a new direction with the franchise. Legendary’s team will return with Harry Bradbeer set to direct the sequel. It’ll be based on a script by Jack Throne, who also was involved with the first film. We can’t wait to see where the franchise heads and we wouldn’t be sad if Cavill‘s Sherlock gets his own spin-off.

    Source: Deadline