Legendary Pictures (300, Batman Begins, Superman Returns) has raised an additional $1 billion and extended its partnership with Warner Bros. through 2012, reports Variety.
The terms remain the same: Legendary will co-finance half of any movie it co-produces with Warners. Legendary expects to continue partnering on seven to eight films a year.
Films set to be produced with the newly raised money include the big screen adaptation of DC Comics’ The Losers, the big screen adaptation of cult TV series Kung Fu and a remake of cult film Clash of the Titans.
Warner-Legendary pics 10,000 B.C. and Where the Wild Things Are are already in the pipeline and prepping for release. Legendary’s slate also includes Trick ‘r Treat.