The New York Times, which first reported the news, says that the deal for the franchise was upwards of $400 million. The studio did not comment on the amount of the deal, but sources say that CAA, which negotiated the deal, is the second high-profile deal they've negotiated for major IP in the last six months following the $400 million+ deal for the "Knives Out" sequels to Netflix.
David Gordon Green, who helped to revitalize the "Halloween" franchise, will direct the first film in the new "Exorcist" franchise, which will be released theatrically on October 13, 2023.
And Gordon Green worked on the story with the rebooted "Halloween" team, including Scott Teems, Danny McBride and the story being penned by Peter Sattler ("Broken Diamonds").
Read more on thewrap.com
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