Warner Bros. Won't Release Legendary's 'Seventh Son'

Seventh Son Film Still - H 2013

Seventh Son Film Still - H 2013

UPDATED: The Jeff Bridges sorcerer movie will end up at Universal Pictures, where Legendary now is based.

Legendary's Seventh Son is leaving Warner Bros. The studio has taken the Jeff Bridges-Julianne Moore sorcerer-adventure, which was set for a January 17 release, off its calendar, sources tell The Hollywood Reporter

The film is moving to Universal Pictures, where Legendary set up shop in July after a long partnership with Warner Bros. Legendary fully financed the Sergei Bodrov-directed Seventh Son, so the Universal release will be a distribution-only arrangement. A Universal rep confirms the studio is taking on the film but says "we haven't picked a release date yet."

Warner Bros. and Legendary have been busy figuring out how to divide up projects now that the studios are ending their financing and distribution arrangement. As THR reported on Wednesday, Legendary picked up the right to back Christopher Nolan's upcoming Interstellar in exchange for giving up its interest in Warners' planned Man of Steel sequel.

Other future projects that Warners still has with Legendary include Noam Murro's upcoming 300: Rise of an Empire (March 7) as well as Godzilla, for which Legendary assumed 75 to 80 percent of the budget. Godzilla is set to bow May 16.

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Meanwhile, several Legendary projects once expected to be distributed via Warners no longer are poised for that treatment. Warcraft, based on the popular video game, will be submitted to Universal in the next few months, as will Hot Wheels, Mass Effect and Cyber, a Michael Mann movie starring Chris Hemsworth. Universal now will decide which of these pictures it wants to come aboard to co-finance.

Legendary declined to comment.

Email: Tatiana.Siegel@thr.com