Originally setup entirely at Paramount, Christopher Nolan's next feature "Interstellar" became a co-production with Warner Bros. Pictures several months ago. At the time, no-one was quite sure what deal had been worked out between the pair.
Now, THR has revealed that Warners was so keen to get on the sci-fi project that they gave up various things to Paramount.
These included the rights to co-finance the next "Friday the 13th" film, its portion of a future "South Park" movie, and an agreement to let Paramount co-finance a to-be-determined A-list Warners property.
Due to rights issues, both New Line and Paramount were 50-50 partners on the 2009 reboot of the 'Friday' franchise which grossed a solid $91 million from a $20 million budget. Warners also held the international rights to "South Park: Bigger, Longer and Uncut". As a result, sequels to both were never developed due to complications and lack of interest from Warners.
Now though, the deal means for the next five years Paramount holds the rights free and clear to make at least one sequel to each. It's expected work will get underway on the "Friday the 13th" sequel soon.