TOKYO — Less than six months after securing an option for the movie rights to Capcom’s popular video game “Onimusha,” Gaga Communications announced Monday that it has inked to turn another Capcom game, “Devil May Cry,” into a blockbuster.
The deal is based on an exclusive rights option agreement.
As part of Gaga’s extensive efforts to diversify and get into the content production business, “Devil May Cry” will be developed as a live action feature film with the help of Hollywood talent to be announced later. The $40 million budgeted pic is slated for a 2005 production and release the following year.
The “Devil May Cry” vidgame series has sold 4.27 million copies worldwide. The game’s hero Dante fights to protect humanity against the devil.
Gaga, one of Japan’s most aggressive independent film distributors, has come under pressure in its traditional business area. Direct competitors, such as Asmik-Ace Entertainment and Amuse Pictures, have scored well at the local box office with several hits during the past year, while Gaga had to bridge a lull until regaining speed with its April release of “Chicago.”
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Amuse Pictures released the movie version of Capcom game “Resident Evil,” which made $21 million at the local box office alone.