Horrormeisters James Wan and Jason Blum Team Up Seeking a Monster Payday – and Possible IPO | Analysis

The geniuses behind low-budget megahits like ”The Conjuring“ and ”The Purge“ could cash in from teaming up

News of the potential merger of two of Hollywood’s savviest genre filmmakers, Jason Blum and James Wan, has sent jump-scares throughout Hollywood — and not just at Warner Bros., which let its deal with “Conjuring” franchise creator Wan lapse earlier this year after nearly a decade.

The coupling is a big score for Universal, where Blum has a long-time deal that has produced a string of profitable low-budget hits — five this year alone. But the move also portends a joining of two like-minded creators looking to take advantage of a marketplace willing to pay top dollar for proven hit-makers.

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Drew Taylor

Drew Taylor is a reporter at TheWrap. Before joining the organization in 2021, Drew was a freelance film journalist with a keen interest in animation and Disney history. Drew has been covering film, television and theme parks for 15 years. He has written for the New York Times, the New York Daily News, Time Out New York, Collider, The Playlist, Polygon, Vulture, Box Office Magazine, AOL Travel and Syfy. He was the executive editor and social media manager for Moviefone before it was purchased by MoviePass. Additionally, Drew co-created and co-hosts “Light the Fuse,” a weekly podcast dedicated to the “Mission: Impossible” film franchise that recently celebrated its 200th episode milestone. He also authored the book “The Art of Onward,” about the making of Pixar’s 2020 fantasy film, and provided liner notes for several Mondo vinyl releases for Pixar features (“Up,” “Coco” and “Lightyear”).

Umberto Gonzalez

Film Reporter ◘umberto@thewrap.com◘Twitter: @elmayimbe