It was slated to be release January 14th, 2014. The Jeff Bridges’ the sorcerer movie, however, won’t be partnering up with Warner Bros.
The decision was made when Warner Bros was trying to divide up projects now that the studios are cutting ties with their financing and distribution plans.
It has now been picked up by Universal Pictures. The Legendarystudio planted themselves in July after a long partnership with Warner Bros. Legendary is financially backing Sergei Bodrov who directed Seventh Son. The Universal release will be a distribution only arrangement.
A Universal representative confirmed that they are taking on the film but have yet to determine a release date.
Legendary also plans to back Christopher Nolan’s upcoming film Interstellar. Warner still has projects with Legendary.
It includes Noam Murro’s upcoming 300: Rise of an Empire (March 7) as well as Godzilla, for which Legendary it taking on 75 to 80 percent of the budget.Godzilla is set to make it’s debut on May 16th, 2014.
There are projects under Legendary that have severed ties with Warner Bros and are now partnering with Universal in the coming months.
The new projects include: the popular war game Warcraft , Hot Wheels, Mass Effect and Cyber. Universal Pictures will be deciding which projects to finance.
Legendary have declined to comment.