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

mwynn · 10-03-2019, 05:22 PM

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.

10-03-2019, 05:22 PM	#1
mwynn Blu-ray Grand Duke Member since:Mar 2008 Blu-ray collection:- Trading Score:2	Jordan Peele’s Monkeypaw and Universal Forge New Exclusive Five-Year Film Deal 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.

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