Paddington Could be Getting a Sequel
The loveable bear, who caused havoc for the Brown family, could be getting a sequel after it was announced that Studio Canal bosses were in talks with producer David Heyman. The movie, which was released last November, has made over $200 million at the box office to date, and is the highest grossing family film released by a non -US film studio.
“Paddington” was financed, distributed and sold by Studiocanal. The film is scheduled to open in China next month and has a 2016 date for Japan. It should cross at least $250 million in global box office, “the level of a significant success for a family movie,” Courson said.
“We have to be selective, work with strong brands, top talent, take the time we need,” Courson said. But, “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 (of ambitious family movies),” Courson said.
He added: ” ‘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 U.S. studios.”
With its first big bet under its belt, Studiocanal could now contemplate “one or two” big family audience plays a year, Courson added.