Ava DuVernay Signs $100 Million Dollar Deal with Warner Bros. TV

Ava DuVernay is just secured yet another bag!

The Emmy-winning and Oscar-nominated director has signed a development deal with Warner Bros. Television Group.

The deal is said to be multi-year, multi-genre, and worth about $100 million.

via Complex:

“I’ve had nothing but beautiful experiences working with Peter Roth, Susan Rovner and Brett Paul,” said DuVernay. “They love and support artists in wonderful and nourishing ways…Warner Bros. is a terrific partner about matters of visibility and belonging for all kinds and cultures of people, which is our mission at Forward Movement. I couldn’t be happier to call Warner Bros. TV my production home.”

The move is slightly surprising considering DuVernay’s current and past Netflix collaborations, including her documentary 13th and her forthcoming Central Park Five series and Prince doc, which are all being housed by the streaming service. Netflix recently inked multi-million dollar deals with heavyweights like Shonda Rhimes and Ryan Murphy.

DuVernay is already working within the Warner family on her series Queen Sugar, which airs on Oprah’s OWN, and The Red Line. The deal also allows her to sell shows to anyone, instead of one single outlet, and gives her the opportunity to pursue big screen projects. 

“Ava DuVernay is one of the leading lights in our industry, a brilliantly talented writer, producer, director and entrepreneur whose ability to inspire with her art is exceeded only by her ability to entertain,” president and chief content officer Peter Roth told Deadline. “We have had the great pleasure of working with her on Queen Sugar and The Red Line, and we are extremely excited about the new stories she has to tell.” 

Glow Ava, GLOW!

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Ryan Coogler Officially Signs On To Do A ‘Black Panther’ Sequel

Wakanda Forever

Ryan has signed on to write and direct the ‘Black Panther’ sequel

via THR:

While the move was expected — Marvel wanted to keep the creative team as intact as possible and a sequel was never in any real doubt — the timing was always unclear. 

Black Panther, centering on T’Challa, the king of a fictional African country, was an outsized success both commercially and critically. The pic, which starred Chadwick Boseman as the titular hero, grossed $700 million domestically and more than $1.3 billion worldwide, and is also considered a contender for Oscar consideration. The movie became a defining cultural moment and touchstone, especially for the black community.

In the weeks prior and after the film’s February release, both Marvel and Coogler’s camp were hounded about when a sequel deal would be inked. Typically, a filmmaker is more than willing to quickly sign on for a follow-up, and a studio is eager to snap up a key piece of talent in the lead-up to or right after a successful opening. But Coogler’s camp shook off the peer pressure and took its time in making a deal, which occurred under the radar some time ago.

Sources say the plan at this stage is for Coogler to write the script next year with an eye to start production in either late 2019 or early 2020. Marvel and parent company Disney, however, have not made any official announcements about Marvel’s slate of movies beyond the release of the next Avengers pic in May 2019 and a Spider-Man: Homecoming sequel in July — and plans could shift.

Coogler is developing the drama Wrong Answer with his frequent collaborator and Black Panther star Michael B. Jordan. He also is executive producing LeBron James’ Space Jam sequel and acts in the same capacity on the upcoming Creed 2.