BARBIE-MAKER MATTEL HAS DRAWN TAKEOVER INTEREST FROM AUTHENTIC BRANDS GROUP, WHICH HAS BEEN PRIVATELY DISCUSSING AN OFFER THAT COULD VALUE MATTEL AT MORE THAN $20 A SHARE, OR AROUND $6 BLN - WSJ
‘Barbie 2’ is at risk of getting shelved, Variety reports.
Warner Bros. has reportedly made more than six offers to Greta Gerwig, Margot Robbie and Ryan Gosling — all of which have been rejected. If a deal is not made in the next four months, the rights revert back to Mattel.
Mattel would not be permitted to use Greta Gerwig’s foundation, and a new potential ‘Barbie’ franchise would have to be a reboot.
(
"BARBIE 2" IN CRISIS
• Warner Bros. has made more than six offers in the past three years for "Barbie 2" to Greta Gerwig, Margot Robbie and more, all of which have been rejected.
• The most recent deal came this spring and, per a studio source, was the highest Warner Bros. has ever offered for a filmmaking team and its stars. One source called it “life-changing money.”
• The new financial asks from Robbie, Gerwig, Ryan Gosling and Noah Baumbach include pay bumps in upfront fees and generous increases in back-end participation. Gosling is reportedly asking for $20 million to reprise Ken. The team is not asking for first dollar gross, meaning they’d get paid from the box office pot before the studio recoups a dime.
Read the full report here: