Earlier this week Sony Pictures nabbed the rights to Quentin Tarantino’s next film following an extensive meeting with him the other week. The studio beat out heavy competition from the likes of Paramount and Warners to secure the title, and now THR has further details about the terms of the agreement.
Tarantino reportedly demanded a budget of $93 million to get the 1960s-set project made, only a little less than the $100 million for “Django Unchained” which Sony handled worldwide distribution for. That film ultimately grossed $425 million worldwide, a very strong performance which probably helped them win this film’s contract.
The new film will have to gross around $375 million worldwide to be profitable according to sources. Additionally the studio has reportedly given him final cut and immense creative control which puts the onerous on the filmmaker himself. Tarantino didn’t get everything he wanted though which included the rights reverting to him after 10-20 years and a higher gross percentage.
The film is expected to begin production next year for a 2019 release.