Legendary Entertainment CEO Joshua Grode on ‘Dune’ Success and Optimism for Future Theatrical Releases
variety.comTodd Longwell Legendary Entertainment CEO Joshua Grode, the keynote speaker at Variety’s Power of Law breakfast on April 20, is having a good year.
For one thing, his company scored big at the Oscars with its epic adaptation of Frank Herbert’s classic sci-fi novel “Dune” (produced in partnership with Warner Bros.), which earned 10 nominations, including best picture, and took home six statuettes.
Additionally, in January he engineered the $760 million sale of a minority stake in Legendary to private equity firm Apollo, which reduced the ownership position of its majority shareholder, Chinese conglomerate Dalian Wanda Group, and returned operational, creative and strategic control to Legendary’s management.
The move puts Grode firmly in the driver’s seat, flush with cash to explore M&A opportunities even as “Dune: Part II” is on track to hit theaters in fall 2023.
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