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Nintendo near deal to license Mario for Universal movie

Published 11/14/2017, 11:30 AM
© Reuters.  Nintendo near deal to license Mario for Universal movie
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  • In what would be one of Hollywood's biggest licensing deals in years, Nintendo (NTDOY +1.3%) is nearing a deal with Illumination Entertainment -- which makes animation for Universal Pictures (CMCSA -1.1%) -- for an animated Super Mario Bros. movie.
  • Characters from what may be history's best-selling videogame franchise have been salivated over by big studios, but Nintendo backed off nearly all licensing deals after a disastrous live-action production of Super Mario Brothers in 1993.
  • Now Mario and Luigi could show in in a high-profile animated picture, and the deal would build on one made for Universal theme parks to build attractions based on Nintendo characters.
  • One movie is planned so far, according to The Wall Street Journal, but the deal under discussion could allow Illumination to make multiple films.
  • Now read: Comcast Leads Million Investment In KeyMe


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