STAMFORD, Conn., Jan 18, 2014 (BUSINESS WIRE) --
WWE Studios
WWE
+2.89%
, Relativity and Blumhouse Productions announced
today a partnership in connection to the release of Intrepid Pictures’ Oculus,
the Mike Flanagan-directed supernatural horror film starring Karen
Gillan (Doctor Who, Not Another Happy Ending), Brenton Thwaites
(the upcoming Maleficent,The Giver), Rory Cochrane (Argo,
Parkland) and Katee Sackhoff (Battlestar Galactica, Riddick).
WWE Studios will leverage its extensive multi-platform reach to help
promote the film that debuted at the Midnight Madness section of the
2013 Toronto International Film Festival. Oculus was developed
and produced by Trevor Macy and Marc D. Evans of Intrepid Pictures, who
co-financed with MICA Entertainment andis set for a wide
theatrical release on April 11, 2014.
Oculus was directed by Mike Flanagan (Absentia, Ghosts of
Hamilton Street), and produced by Trevor Macy and Marc D. Evans (Safe
House, The Strangers, The Raven). Ryan Kavanaugh (The Fighter,
Limitless), Tucker Tooley (The Fighter, Limitless), Jason
Blum (Paranormal Activity, Insidious), Michael Luisi (The
Call, Dead Man Down), Anil Kurian (Sahara, The Raven), D.
Scott Lumpkin (Safe Haven), Peter Schlessel (Drive, Looper)
and Dale Johnson (Stuck in Love) serve as Executive Producers.
The screenplay is by Mike Flanagan & Jeff Howard based on the short film Oculus:
The Man With The Plan, written by Mike Flanagan & Jeff Seidman.
Ten years ago, tragedy struck the Russell family, leaving the lives of
teenage siblings Tim and Kaylie forever changed when Tim was convicted
of the brutal murder of their parents. Now in his 20s, Tim is newly
released from protective custody and only wants to move on with his
life; but Kaylie, still haunted by that fateful night, is convinced her
parents’ deaths were caused by something else altogether: a malevolent
supernatural force unleashed through the Lasser Glass, an antique
mirror in their childhood home. Determined to prove Tim’s innocence,
Kaylie tracks down the mirror, only to learn similar deaths have
befallen previous owners over the past century. With the mysterious
entity now back in their hands, Tim and Kaylie soon find their hold on
reality shattered by terrifying hallucinations, and realize, too late,
that their childhood nightmare is beginning again…
"WWE Studios is thrilled to be getting into business for the first time
with Relativity and partnering again with Blumhouse on the release of
such a superbly crafted, heart-pounding thriller as Oculus," said
Michael Luisi, President of WWE Studios.
Bradley Buchanan, SVP of Business Affairs, negotiated the deal on behalf
of WWE Studios.
About WWE Studios
WWE Studios produces a diverse slate of feature films for theatrical
release, home entertainment and digital platforms through distribution
partnerships with global entertainment companies. The WWE’s film
division led by President, Michael Luisi, is headquartered in Santa
Monica, CA and continues to create content for audiences of all ages.
Films recently produced by WWE Studios include The Call with
Halle Berry and WWE Superstar David Otunga®, Dead Man Down with
Colin Farrell and WWE Superstar Wade Barrett®, The Marine 3:
Homefront with WWE Superstar The Miz® in the third follow-up in
the explosive Marine adventures, 12 Rounds 2: Reloaded, the
second installment in the action franchise, starring WWE Superstar Randy
Orton®, No One Lives co-produced with Pathé Films and released
theatrically by Anchor Bay Films starring Luke Evans and WWE Superstar
Brodus Clay™, and Christmas Bounty, an action comedy starring WWE
Superstar The Miz and Francia Raisa, which premiered on ABC Family
during “The Countdown to 25 Days of Christmas” and released on
Blu-Ray/DVD by Warner Bros. Home Entertainment. Upcoming films for WWE
Studios include Scooby-Doo! WrestleManiaMystery which
pairs WWE Superstars with Scooby and the gang releasing direct to home
March 25, 2014 by Warner Bros. Home Entertainment; Leprechaun: Origins
directed by Zach Lipovsky starring WWE Superstar Hornswoggle® will be
distributed by Lionsgate in August 2014; See No Evil 2 starring
WWE Superstar Kane® directed by the Soska Sisters will also be
distributed by Lionsgate in October 2014; The Fall Guy starring
Dwayne “The Rock” Johnson releasing in 2015, and The Flintstones another
Warner Brothers Animation feature releasing in early 2015 by Warner
Bros. Home Entertainment which joins Fred, Barney and the whole Bedrock
gang with stone age versions of WWE Superstars and Divas.
About WWE
WWE
,
a publicly traded company
WWE
+2.89%
, is an integrated media
organization and recognized leader in global entertainment. The company
consists of a portfolio of businesses that create and deliver original
content 52 weeks a year to a global audience. WWE is committed to family
friendly entertainment on its television programming, pay-per-view,
digital media and publishing platforms. WWE programming is broadcast in
more than 150 countries and 30 languages and reaches more than 650
million homes worldwide. The company is headquartered in Stamford,
Conn., with offices in New York, Los Angeles, London, Miami, Mumbai,
Shanghai, Singapore, Munich and Tokyo. Additional information on WWE
WWE
+2.89%
can be found at wwe.com and corporate.wwe.com. For
information on our global activities, go to http://www.wwe.com/worldwide/
.
Trademarks: All WWE programming, talent names, images, likenesses,
slogans, wrestling moves, trademarks, logos and copyrights are the
exclusive property of WWE and its subsidiaries. All other trademarks,
logos and copyrights are the property of their respective owners.
Forward-Looking Statements: This press release contains forward-looking
statements pursuant to the safe harbor provisions of the Securities
Litigation Reform Act of 1995, which are subject to various risks and
uncertainties. These risks and uncertainties include, without
limitation, risks relating to maintaining and renewing key agreements,
including television and pay-per-view programming distribution
agreements; the need for continually developing creative and
entertaining programming; the continued importance of key performers and
the services of Vincent McMahon; the conditions of the markets in which
we compete and acceptance of the Company's brands, media and merchandise
within those markets; our exposure to bad debt risk; uncertainties
relating to regulatory and litigation matters; risks resulting from the
highly competitive nature of our markets; uncertainties associated with
international markets; the importance of protecting our intellectual
property and complying with the intellectual property rights of others;
risks associated with producing and travelling to and from our large
live events, both domestically and internationally; the risk of
accidents or injuries during our physically demanding events; risks
relating to our film business; risks relating to increasing content
production for distribution on various platforms, including the
potential creation of a WWE Network; risks relating to our computer
systems and online operations; risks relating to the large number of
shares of common stock controlled by members of the McMahon family and
the possibility of the sale of their stock by the McMahons or the
perception of the possibility of such sales; the relatively small public
float of our stock; and other risks and factors set forth from time to
time in Company filings with the Securities and Exchange Commission.
Actual results could differ materially from those currently expected or
anticipated. In addition, our dividend is dependent on a number of
factors, including, among other things, our liquidity and historical and
projected cash flow, strategic plan (including alternative uses of
capital), our financial results and condition, contractual and legal
restrictions on the payment of dividends, general economic and
competitive conditions and such other factors as our Board of Directors
may consider relevant.
About Relativity
Relativity is a next-generation media company engaged in multiple
aspects of entertainment, including film production; financing and
distribution; television; sports management; music publishing; and
digital media. Ryan Kavanaugh is the company’s Founder and CEO.
Relativity Studios has produced, distributed or structured financing for
nearly 200 motion pictures, generating more than $17 billion in
worldwide box office revenue and earning 60 Oscar® nominations. Recent
films include: Safe Haven, Act of Valor and Immortals,
the latter two opening number one at the box office in their debut.
Relativity’s other films include the eight-time Oscar® nominee The
Social Network as well as Limitless and two-time
Oscar® winner The Fighter. Upcoming films include 3 Days
to Kill, starring Kevin Costner, Earth to Echo, Oculus
and author Nicholas Sparks’ The Best of Me.
Relativity Television is one of the country’s largest suppliers of
unscripted television and has recently expanded to produce scripted
series. Relativity Sports is the industry’s fastest growing sports
agency, providing more than 300 NBA, NFL and MLB athletes with services
ranging from contract negotiation to custom film and television content
production.
For more information, please visit relativitymedia.com.
About Blumhouse Productions
Blumhouse Productions, founded by Jason Blum, is a multi-media
production company that has pioneered a new model of studio filmmaking-
producing high-quality micro-budget films for wide release. Since its
launch, Blumhouse has produced more than 30 feature films including the
highly profitable Paranormal Activity, Insidious, The Purge and Sinister
franchises, all of which significantly out-grossed their budgets on
opening weekend. Blumhouse's The Purge, its first production under its
first-look deal with Universal Pictures, opened to more than $34 million
on its opening weekend with a budget of just $3 million. Insidious:
Chapter Two from FilmDistrict, grossed $41.05 million on its opening
weekend with just a $5m budget. Blumhouse's upcoming micro-budget wide
releases include Oculus for Relativity, Jessabelle for Lionsgate, The
Next Chapter of The Purge for Universal and Paranormal Activity 5 for
Paramount. In addition, Blumhouse is working on both scripted and
non-scripted television projects. Blumhouse executive produced Stranded
for SyFy and The River for ABC, and is also working on projects with HBO
and MTV.
About Intrepid Pictures
Founded in 2004 by Trevor Macy, Intrepid Pictures is a feature film
production and co-financing company with a mandate to produce horror,
thriller, action, and comedy. Intrepid has produced eleven pictures to
date, including the $82 million worldwide box office hit "The
Strangers". Intrepid Pictures also produced and co-financed Summit
Entertainments action film, "The Cold Light of Day" starring Bruce
Willis, Sigourney Weaver and Henry Cavill; "The Raven," starring John
Cusack and directed by James McTeigue. Additionally, Intrepid developed
and executive produced Universal Pictures project “Safe House,” starring
Denzel Washington and Ryan Reynolds, directed by Daniel Espinoza.
SOURCE: WWE
WWE StudiosJulie Tustin, 203-352-1009 julie.tustin@wwecorp.com
orRelativityAshley
Kline, 310-724-7739 ashley.kline@relativitymedia.com
orBlumhouse
ProductionsJosh Raffel, 212-430-5060 jraffel@hstrategies.com
Copyright Business Wire 2014
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