The $200 million plus worldwide collection of StudioCanal’s Paddington, the movie financier-producer is all set to launch a sequel to the popular family film in 2017.
StudioCanal chairman and CEO Olivier Courson said that it is in talks with Paddington producer David Heyman for the same. The movie was financed, distributed and sold by StudioCanal. The film recently became the first non-US studio produced film to garner $200 million.
As per reports, Olivier said, “We have to be selective, work with strong brands, top talent, take the time we need. Obviously, the result on Paddington is a strong incentive to us and the partners on the movie to work on a sequel, and a strong incentive for StudioCanal to continue in this area. Paddington has been our biggest bet. Even the development costs, such as creating the bear, were significant. But it shows we can be ambitious in this area of family entertainment, even if it brings us into more direct competition with US studios.”
He also said that after the success of Paddington, the company would look at one or two big family-audience movies a year.
Recently released Shaun the Sheep Movie and 3D toon feature Robinson Crusoe are also big offerings from StudioCanal.