Legendary Gets Knight & Titans Coin

Legendary Pictures has acquired more than $1 billion in new financing and extended its co-producing and co-financing deal with Warner Bros. Pictures through 2012.

The new money & arrangement includes the Batman sequel “The Dark Knight,” the gritty comic book adaptation “The Losers,” a feature adaptation of cult TV series “Kung Fu,” a feature film based on the online game franchise “World of Warcraft,” and a remake of the 1981 fantasy “Clash of the Titans.”

The majority of the movie financing between Legendary and Warners will be split 50-50, though that percentage could change on certain projects.