Michael Bay Re-Ups First Look Deal With Paramount
Posted by Joseph Lee on 07.31.2014
They'll continue to work together...
Deadline reports that Michael Bay has extended his first-look deal with Paramount Pictures. It will be extend the deal with Platinum Dunes for three more years and expands the deal to cover Bay Films. The new deal begins immediately. Bay's films have made over $6 billion worldwide. His big films for Paramount include the Transformers series, which has earned $3.7 billion worldwide. The latest film of that series, Transformers: Age of Extinction, was released last month and has already made $966.4 million worldwide.
Paramount chairman and CEO Brad Grey said: "With an ever-growing, worldwide fan base, Michael is truly one of the most inspired and beloved filmmakers of our time. We take great pride in the fact that Michael is part of the Paramount family and we look forward to growing our productive and successful partnership."
Upcoming projects for Platinum Dunes (Bay and partners Brad Fuller and Andrew Form) include Teenage Mutant Ninja Turtles in August, the horror film Ouija, Project Almanac and next year's Friday the 13th sequel. They also have TV projects including TNT's The Last Ship (cable TV's top new series) and Starz's Black Sails (a Treasure Island prequel), which could get a third season.
Bay said: "Over the years I have become part of the Paramount family. There is a synergy there that feels different than any other place in Hollywood. From Brad Grey and Rob Moore, where my relationship goes back more than a decade, to my very good friend Adam Goodman, and to Philippe Dauman, who has put so much trust in me, and with the powerful marketing of Josh Greenstein and Megan Colligan, Paramount makes for a very comfortable place to work."