According to a new report from THR, Warner Bros. will be taking over distribution duties from Universal for the upcoming Detective Pikachu film, which stars Ryan Reynolds. While the reason behind this move isn’t entirely conclusive, the outlet does state that this seems to be a precursor to studio Legendary moving their own distribution deal back to Warner Bros. after leaving for Universal five years ago. From the sound of it, Universal will not be renewing their contract, and thus, the project has moved to Warners.
While Legendary is quite the prolific studio, its relationship with Universal hasn’t borne the fruit they were hoping, with it all culminating in the lackluster Skyscraper, which has only made $186 million off its $125 million budget. When taking its budget into account, that paints quite a loss for Universal. It’s no wonder they’d opt not to renew their contract.
As of this writing, Detective Pikachu will retain its May 10, 2019 release date, but we’ll see if any of that changes. From the sound of it, there are a lot of moving parts, and given that there is no tentpole Warner Bros. film surrounding that date, I don’t see a reason for them to shuffle it around, but it’s not as though I’m familiar with the inner workings of the studios.
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