Legendary Nabs “Godzilla” Franchise Rights

Legendary Pictures have officially announced they will develop and produce a new film based on Toho Company’s famed “Godzilla” character after acquiring the rights to the franchise from the Japanese company that has nurtured her for over fifty years.

According to the release, Legendary “intends to approach the film and its characters in the most authentic manner possible”. In the near future they expect to announce a filmmaker to direct the film for an intended 2012 release through Warner Bros. Pictures.

Toho will distribute the film in Japan. Dan Lin, Roy Lee and Brian Roger will produce. The confirmation comes over six months after word first broke via Bloody Disgusting of the deal back in August last year.