Skip to main content

Report: SkySoft Entertainment acquires Thunderstorm Pictures



By Jessica Sanchez

 Discussions relating to the possibility of SkySoft Entertainment LLC. signing a distribution deal with Thunderstorm officially began in October 2018, after a meeting that Mark Laubenstein had with SkySoft CEO Monroe Hayden during pre- production deals were underway for the upcoming Gene Tierney biopic, of which Hayden is set to star as the legendary actress. Laubenstein told Hayden he was considering retirement and planned to sell the company.

 On June 21, 2019, Thunderstorm Pictures announced they have been acquired by SkySoft for an undisclosed amount.

 Under the deal, SkySoft acquired ownership of Love, Infatuation and Stability, The Olympians, a 9/11 drama and the Gene Tierney bipoc, as well as Thunderstorm's operating businesses in live-action film production, consumer products, video games, animation, visual effects, and audio post-production. SkySoft also acquired Thunderstorm's portfolio of entertainment technologies that were used for The Olympians. The intent was for Thunderstorm employees to remain in their current locations. On May 14, 2019, the SkySoft-Thunderstorm merger was approved by the Federal Trade Commission, allowing the acquisition to be finalized without dealing with antitrust problems. On June 1, 2019, Thunderstorm Pictures converted from a corporation to a limited liability company, changing its name to Thunderstorm Pictures LLC. in the process. On June 21, 2019, SkySoft completed the acquisition and Thunderstorm became a wholly owned subsidiary of SkySoft.

 Hayden confirmed that SkySoft has plans to reboot Love, Infatuation and Stability and The Olympians, as well as produce the Gene Tierney biopic. Thunderstorm had bought the rights to produce a 9/11 drama back in 2017 but Hayden commented, "I think its still too soon to see something like that on the big screen- at least for American's. I don't think it's a respectful time to make it and I don't think the survivors and our country's family of the fallen want to see that horrific event on the big screen. It was something that has affected us a people and we're still a bit sensitive about it. Sometime in the future perhaps we'll tell that story but for now, I think our memories haunt us enough."

 Short films released prior to the merge, have returned to the executive producers to do with what they wish. SkySoft had only acquired feature films and future feature films.
Labels:

Comments

Post a Comment

Popular posts from this blog

'Beast' casts Jorgie Mason!

By: S. Adams Courtesy of Jorgie Mason Instagram Jorgie Mason  has  joined the cast of the highly anticipated, Beast. The Fox and 365 star (and praised musician) has joined the SkySoft Entertainment's adaptation of  Beauty  and the Beast . Courtesy of SkySoft Entertainment Along with Mason, Bryon Allen , Daniel Andrade and Monroe Hayden are also set to star in the 7-episode limited series to help launch Premium's new platform. 
Post a Comment
Read more

Racism and White Privilege: America's Most Enduring and Lethal Disease

by Daniel Andrade Courtesy of the Library of Congress For over 400 years, since before the United States gained its independence, this country has suffered from a toxic disease that it has never been able to cure itself of. It may not be the same type of poison that it started off as, but it has evolved and persisted and continues to be just as dangerous today. America has a problem, and that problem is racism and the white privilege that has allowed this racism to persist as long as it has. What has made this problem much more glaring recently is the tragic death of George Floyd under the knee of former Minneapolis officer Derek Chauvin.  While there have unfortunately been too many similar incidents involving police officers or other white men either brutally attacking or killing black men, many of which have also been recorded on camera, this incident was particularly grievous. Many are familiar with the appalling stories of Trayvon Martin , Tamir Rice , Philando ...
1 comment
Read more

The Mythology of Mayari

Courtesy of SkySoft Entertainment by Daniel Andrade With the recent announcement of SkySoft’s first feature film being developed, many were excited about the potential for Mayari . But did you know that Mayari is named after an actual goddess from Filipino mythology? While many of us may be familiar with the mythology of ancient Egypt (like Anubis), ancient Greece (Zeus and Athena, for example), and even Norse mythology (thanks to fan-favorite Avenger Thor and his father Odin), the deities of the Philippines are not as well known. With that in mind, I thought it would be a great idea to do a crash-course in these fascinating gods and goddesses to prepare us for what to expect in Mayari . Before moving on, it’s important to note one thing. Due to the nature of folklore, it’s not uncommon for these stories to have slight alterations or distinctions depending on the region where they are coming from. And even within one region itself, there are still sometimes variations withi...
Post a Comment
Read more