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Blumhouse Closes Deal For ‘Saw’ Rights; Lionsgate Still Retains 50% Economic Interest In Horror Property
We told you first that Blumhouse was buying Twisted Pictures' share of the Saw rights. That deal, led by CAA Evolution, has now closed.
Lionsgate remains a 50% owner in the IP which spans ten movies grossing over $1 billion worldwide, as well as comic books, video games, theme park attractions, toys, masks and clothing. “The Saw franchise has defined a generation of horror, and its cultural impact continues to grow, making this a strategic investment in one of the most recognizable and successful genre properties of the last two decades. As they pass the baton to James – whose direction started it all – and to Jason and the team at Blumhouse, Billy couldn’t be in more gifted or twisted hands.
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