Hey folks, Roy here with news that Fox Searchlight and Guillermo Del Toro have signed a development deal for GDT to "write, produce and sometimes direct" new, live-action films. Fox Searchlight worked with Del Toro on THE SHAPE OF WATER, which won 4 Academy Awards this year.
Del Toro himself has described his working relationship with Fox Searchlight as a good one: "For the longest time, I’ve hoped to find an environment in which I can distribute, nurture and produce new voices in smart, inventive genre films and channel my own. In Fox Searchlight, I’ve found a real home for live-action production — a partnership based on hard work, understanding of each other and, above all, faith. After the wonderful experience I had with Fox Searchlight on ‘The Shape of Water,’ I am honored to have the opportunity to continue the relationship. I am more than grateful to Nancy, Steve, David and Matthew for their trust in me and for joining me on this adventure."
There's no indication as to what the Disney-Fox buyout will effect with this deal, but it does indicate that Fox Searchlight knows how to play ball with a winner. Congrats to both.
Read about it here at Deadline Hollywood
-- Precious Roy
