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Universal Pictures Strikes $500 Million Deal With China's Perfect World

Jan 25, 2016 03:35 PM EST

Hollywood-based company Universal Pictures and China's Perfect World Pictures have confirmed that they are working on a $500 million deal.

Failure of Monster Movies Too Scary for Universal, Studio to Morph Genre

Cory Doyle |

Nov 17, 2014 06:20 PM EST

Super Frankenstein anyone? After too many failures at the box office, Universal Studios is giving up on "monster" movies and plans to morph the genre into a new quasi-superhero monster category.

Welcome Back, Lestat: Universal Pictures Will Breathe New Life into Anne Rice’s Vampire Chronicles

Trisha Cerdena |

Aug 11, 2014 04:51 AM EDT

Universal Pictures along with Imagine Entertainment and executive producer Brian Grazer acquired the movie rights to "The Vampire Chronicles" by bestselling writer Anne Rice.