If you never heard of BOOM! Studios then its time to get familiar. From fantasy to science fiction boom studios can hit you from every angle. This all ages and all audience company has produced Eisner award-winning comic book franchises, including Mouse Guard, Lumberjanes, something is killing the children, Once & Future.
With that being said, the streaming service giants over at Netflix has inked a 2 year First look deal with BOOM! Studios to produce live action and animation series.
Let me break down what a first look deal is:
A first-look deal is a contractual agreement between Party A (an actor/director/producer/writer and their production company) and Party B (a production company, network, or studio).
Party A always has to be proven talent (i.e. they have at least one blockbuster under their belt). The contract stipulates that Party B will have first rights to consider a project by Party A for production and/or distribution by giving financial support during the development period.
Often it also includes terms that Party A will be among the first contacted if a project fitting their criteria comes across the desk of Party B.
Brian Wright, Vice President of original series at Netflix said “BOOM! characters are innately special, they’re colorful, diverse and varied and their stories have the power to ignite something in all of us…We can’t wait to bring these stories from the page to the screen to fans in every corner of the world.”)
CEO and founder of Boom Studios Ross Ritchie stated “We generate 20+ new original series a year and are thrilled to partner with a streamer that is as prolific as we are.” Ritchie also said “BOOM!’s unique partnership model benefits creators by positioning them to be packaged with high-end directors, screenwriters, and producers. We’re thrilled to continue our track record of translating our best-selling award-winning library with the best TV talent in the business but now with the undisputed leader of the new streaming era.”
Ross Ritchie and President of Development Stephen Christy will executive producing rights for all shows that are being developed. Back in 2017, Fox had a non-controlling minority stake with BOOM! Studios to produce a few of the franchises that were green lit with some heavy hitters behind it.
From Kerry Washington , Rashida Jones and The Batman Director Matt Reeves all had their names attached to multiple projects including the mouse guard movie that was green lit for a $150M but was short lived by the cancellation from Disney 2 weeks before production.
This still marks a brand new partnership with BOOM! Studios and Netflix even though they’ve always been collaborators like the upcoming feature Unsound, directed by David F Sandberg, based on the graphic novel by Cullen Bunn and Jack T. Cole.
BOOM!’s feature film first look deal remains at 20th Century Studios/The Walt Disney Company through January 2021. In August the studio will release BOOM!’s Supernatural thriller The Empty Man.