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New Regency has come aboard to co-finance The Girl in the Spider’s Web and Little Women, both from Sony Pictures Entertainment.
The deal to pay for part of Girl in the Spider’s Web — Sony made the continuation of the Girl With a Dragon Tattoo series with MGM — and Little Women comes as the studio looks to spread its risk and take on slate partners. Recently, Sony struck a separate pact for China’s Tencent to take a major stake in Venom, which hits theaters on Friday.
New Regency, Arnon Milchan’s prolific production and co-financing company, has long been based at 20th Century Fox Film, which is on the brink of being absorbed by Disney. New Regency, whose deal with Fox goes through 2022, hasn’t said what the merger means for its future.
The two-picture pact with Sony is a reunion for Milchan and Sony Pictures Motion Picture Group chairman Tom Rothman, who worked together when Rothman did a long stint as co-chairman of Fox. Ditto for Rothman and Milchan’s teams.
“It’s particularly special for me to be working with Arnon and my former colleagues at New Regency on these two films,” Sanford Panitch, president of Sony’s Columbia Pictures, said in a statement. Panitch is also a Fox alum.
Added New Regency chairman Yariv Milchan, Arnon Michan’s son: “We are excited to be to working with Tom Rothman and Sanford Panitch again and look forward to developing our relationship with Sony with these two impressive projects.”
Girl in the Spider’s Web, set to bow Nov. 9, stars Claire Foy, Sylvia Hoeks and Lakeith Stanfield.
Slated to open Dec. 25, 2019, Little Women, the latest adaptation of Louisa May Alcott’s classic novel, is being directed by Greta Gerwig. Meryl Streep, Timothee Chalamet, Saoirse Ronan, Laura Dern, Emma Watson, Florence Pugh, Bob Odenkirk, Eliza Scanlon, James Norton, and Louis Garrel star.
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