×

Russo Brothers in Talks With Huayi Brothers for Partnership

Joe and Anthony Russo, the directors of “Captain America: Civil War,” are in talks for an untitled production partnership with China-based Huayi Brothers Media Corp.

The new company would be a production and financing company to develop high-concept material that focuses on storytelling and strong characters. Huayi Brothers will contribute $250 million for operation, overhead, production development and intellectual property acquisition for mainstream global English-language franchise tentpole films to be distributed worldwide plus $100 million in production funding as well.

Huayi Brothers will have distribution rights in Greater China and South East Asia along with the right to exploit theme park construction, development and operation based on projects from the partnership.

The Russo brothers are committed to direct Marvel’s “Avengers: Infinity War,” which has a release date for May 4, 2018. Disney-Marvel announced last month that what was slated to be the second part in that story, “Avengers: Infinity War Part II,” had been renamed as an “Untitled Avengers” project while retaining the May 3, 2019, release date.

The Russos will include their Getaway Productions as part of the new production entity. The brothers’ Chinese studio, Anthem and Song, is not part of the new deal.

Captain America: Civil War” grossed $1.15 billion worldwide this year with $407 million domestically and $190 million in China as the top two territories.

The Russo Brothers are also producers on STX Entertainment’s “17 Bridges,” Fox’s “Sex Castle,” Fox 2000’s “Space Runner” and MGM’s remake of “The Thomas Crown Affair.” They are also producing a TV series based on “The Warriors” as a Paramount Television Production in association with Getaway Productions.

The news was first reported by Deadline Hollywood.

More Film

  • Toronto Film Festival Lineup

    Toronto Film Festival: 'Joker,' 'Ford v Ferrari,' 'Hustlers' Among Big Premieres

    This year’s Toronto Film Festival will feature super-villain origin stories, splashy literary adaptations, and Tom Hanks as the most beloved performer in children’s television. The Canadian celebration of all things movies unveiled its 2019 lineup on Tuesday, and it appears to be an eclectic mixture of glossy awards bait, auteur-driven indies, and populist crowd-pleasers. It’s [...]

  • Sylvester Stallone Variety Cover story

    Sylvester Stallone Feels Robbed of an Ownership Stake in 'Rocky': 'I Was Furious'

    Sylvester Stallone shares an uncanny, symbiotic connection with Rocky, the underdog boxer character he created four decades ago — a kindred spirit who served as his creative muse in spawning one of Hollywood’s most successful film franchises. In his long career Stallone also played another memorable screen role — John Rambo — but Rocky was [...]

  • Beware of Children

    First Trailer Released for Venice Days Entry 'Beware of Children' (EXCLUSIVE)

    Variety has been given exclusive access to the first trailer for Dag Johan Haugeruds’ politically and socially charged drama “Beware of Children,” which premieres as part of the Venice Film Festival’s Venice Days section. The pic, which is being sold at Venice by Picture Tree Intl., features the dramatic aftermath of a tragic incident in [...]

  • The Tower animated film about Palestinians

    ‘The Tower’ Animation Wins Japan's Skip City Festival

    “The Tower,” Mats Grorud’s animation about the plight of the Palestinians, as viewed through the eyes of an 11-year-old girl in Beirut, won the grand prize in the international competition at the 16th edition of Skip City International D-Cinema Festival. The film also scooped the section’s audience award. The Skip City festival, which launched in [...]

  • For web story

    Transgender Immigrant Pic 'Lingua Franca,' Thriller 'Only Beasts' to Bow at Venice Days

    New York-based Filipina filmmaker Isabel Sandoval’s “Lingua Franca,” about a transgender immigrant, is among 11 competition entries, all world premieres, that will launch from the Venice Film Festival’s independently run Venice Days section. The only U.S. entry set to compete in the section modeled on Cannes’ Directors’ Fortnight, “Lingua Franca” is Sandoval’s third work. It [...]

  • Female-Led and LGBTQ Narratives Win Big

    Female-Led and LGBTQ Narratives Win Big At Durban FilmMart Awards

    DURBAN–Female-driven narratives and daring portraits of queer culture around the continent were the big winners at this year’s Durban FilmMart (DFM), the industry program of the Durban Intl. Film Festival, which handed out awards at a ceremony Monday night at the Southern Sun Maharani Hotel. Among the prize-winners were the story of a Zimbabwean woman [...]

  • Oscar Nominations Reactions Phyllis Nagy

    Screenwriter Phyllis Nagy Runs for Writers Guild Presidency, Citing Agency Stalemate

    Oscar-nominated screenwriter Phyllis Nagy is challenging Writers Guild of America West’s incumbent president David Goodman, citing his handling of the bitter stalemate between the WGA and Hollywood agents. Nagy announced her candidacy online Monday night, a day before the deadline for filing. She made the announcement  in a private online group as part of Writers for [...]

More From Our Brands

Access exclusive content