Jason Blum’s Blumhouse and James Wan’s Atomic Monster are in advanced talks to merge, according to an individual with knowledge of the situation.After joining together the two iconic brands, Atomic Monster would have a first look deal with Universal Pictures.
Blumhouse is currently under a first look with Universal as well.Post close, the parties expect that Atomic Monster and Blumhouse will continue to operate as separate labels, with each maintaining its own creative autonomy and brand identity.
Atomic Monster is expecting to utilize the existing Blumhouse infrastructure to further scale their activities in film, TV and new content areas.The alliance is expected to increase the combined companies’ output.
The additional output will allow both companies greater latitude in taking on bold risk-taking original horror films.The New York Times first reported the news.More to come….
Read more on thewrap.com
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