EXCLUSIVE: Sony Pictures has found what the studio believes will be its next global franchise. The studio has closed a partnership with Mattel and Parkes+MacDonald/Image Nation on a live-action comedy built around Barbie, the top-selling fashion doll. This is no development deal, it’s all moving very quickly. Studio chief Amy Pascal oversaw this deal herself, along with production president Hannah Minghella, and this movie is getting made. Jenny Bicks is writing the script and the intention is to begin production before year’s end.
The film will be produced by Walter Parkes and Laurie MacDonald, who are also rebooting Men In Black for the studio. The exec producers are Parkes+MacDonald president Marc Resteghnini and Julia Pistor for Mattel’s Playground Productions.
Studios prize franchises more than ever, and it is particularly a priority at Sony. The key to turning these brands into successful films comes down to execution, as was particularly evident in the way that Warner Bros turned The Lego Movie into something with a high cool factor for kids. The plan for Barbie is also clever. Some of the doll’s appeal has been cool clothes and of course Ken, but beyond accessorizing, the toy has always been about female empowerment. Barbie has been part of merchandise packages that span over 150 careers, and Bicks and Parkes and MacDonald won the rights from Mattel when they plugged into that with their pitch for a contemporary tale. It allows the character Barbie to use her personal and professional skills to step into the lives of others and improve them, almost like a modern-day Mary Poppins. That storyline allows for the discovery of a young actress to play the title character, and young cast to play Ken and Barbie’s best friend, putting stars around them that can change in subsequent movies. Much the way that Marvel has managed its costs with deals that call for options on future films as they create stars with their superhero movies, this seems a way to keep costs manageable for another live-action series meant to span multiple films. (more…)