Jordan Peele’s Monkeypaw and Universal Forge New Exclusive Five-Year Film Deal

[mwynn]

https://variety.com/2019/film/news/j...al-1203354406/

Jordan Peele is keeping his parking spot on the Universal lot.

The Oscar-winning creative behind Monkeypaw Productions has signed an exclusive new production pact with Universal Pictures, an increasingly rare deal that will see all of his movies released at the studio for the next five years.

Universal filmed entertainment group chairman Donna Langley announced the news of the deal, which was brokered for Peele and Monkeypaw by CAA, Principato-Young and Jared Levine, on Tuesday.

The pact’s value is in the stratosphere of the nine-figure overalls that streaming giants have been handing out like Halloween candy to people such as Ryan Murphy and Shonda Rhimes, but structured in the linear model in which traditional studios operate — and could earn just as much, if Peele holds steady with critical and commercial smashes like “Get Out” and “Us.” The price tag includes upfront compensation, operational costs for Peele and partner Win Rosenfeld, and new backend box office percentages, insiders familiar with the negotiations said.

[Foggy]

Makes sense, Peele is decent money maker. I’m looking forward to what he makes next and Monkeypaw itself could become a decent brand in and upon itself.

[imsounoriginal]

At Peele's rate, a five-year deal gets Universal what, two movies? Maybe three? Which should easily pay off that nine-figure sum and the production/marketing costs of Peele's relatively low-budget work. Sounds good.

[MifuneFan]

Yeah, this is a total win-win situation.

[Cremildo]

Jordan Peele’s next movie for Universal Pictures is in the works.

The movie has just received a $8M+ tax incentive to shoot in California.

[CyberpunkCentral]

Finally they are making a more proper Monkeypaw film. Always loved the concept.

[mwynn]

Originally Posted by CyberpunkCentral

Finally they are making a more proper Monkeypaw film. Always loved the concept.

Are you drunk?

[CyberpunkCentral]

Originally Posted by mwynn

Are you drunk?

EDIT: Oooohhh......... @ myself.

[Foggy]

Originally Posted by CyberpunkCentral

Monkeypaw is the name of Peele’s production company.

Glad Peele’s back to work, I know Us proved divisive, but it’s a really interesting flick that throws back to the Regan-era horror films, I hope he continues to push the boat out.

[The Debts]

Originally Posted by Foggy

Monkeypaw is the name of Peele’s production company.

Glad Peele’s back to work, I know Us proved divisive, but it’s a really interesting flick that throws back to the Regan-era horror films, I hope he continues to push the boat out.

I sincerely hope he makes a straight up monster movie someday. Would love to see what his riff on something like Alien or The Thing would be.

[ArrestedDevelopment]

Originally Posted by CyberpunkCentral

Finally they are making a more proper Monkeypaw film. Always loved the concept.

You thinking of Monkeybone?

I actually watched that atrocity in theaters when I was a kid.

[CyberpunkCentral]

Originally Posted by ArrestedDevelopment

You thinking of Monkeybone?

I actually watched that atrocity in theaters when I was a kid.

No. I meant the story of Monkey's Paw.

As for Monkeybone, I think I attempted to watch that one night years ago. But quickly fell asleep.