Posted in: Comics | Tagged: dick cook, entertainment, jack kirby, microminds, sony, sonyleaks

Jack Kirby's Microminds And More, With Dick Cook – Sony Leaks…

Wikileaks.org has posted the leaked Sony e-mails. At Bleeding Cool, we have been reading a few.

At the end of January, Jeff Blake of Sony talked about ex-Disney chairman Dick Cook

Had a nice dinner with him last night . He's got financing and has an option on the entire works of Jack Kirby , an animator you might know , I don't .

Well, we know. As did Sony's Michael Lynton.

jack kirby a big deal, true creator of marvel along with mike ditko.

Okay, almost. As well as looking at Paul Haggis' Rangers, to star Johnny Depp, they went further discussing Dick Cook and Jack Kirby, once everyone at Sony had worked out who he was. Stefan Litt wrote,

Dick is in the midst of raising equity ($250 million by April 30 and $375 mm in another tranche after) and they are looking for us to invest in Dick's Company.  They are looking for a $50 million investment in Tranche 1 and would like another $50 million in Tranche 2 (the second would get us a board seat).  The deal term would be for 5 years.  In exchange, we would get international distribution in all markets and packaged media on his films.  We would advance foreign P&A (but get a backstop) and receive a 10% distribution fee.  As Jeff mentioned, Mark Zoradi and Chris LeRoy from his Disney days are involved with the Company.

The view is that the Company will produce 3 films in the first 2 years growing to 6 – 8 thereafter.  The focus is on family entertainment, in the broadest sense, with no films rated R.  They could be involved in animated product, but it sounded like they would be in the $40 – 50 mm budget range.

The key assets are the Jack Kirby projects.  These are 30 – 50 properties he developed post Marvel and there are around 100 drawings encompassed by this as well.  They have a treatment for the first Kirby related project (which I think is called Microminds).  It is  not a superhero project and their assumption is that it will cost around $100 million.  Peter did not go into details and I can get more information tomorrow, but there seems to be an option on the Kirby projects which expires 4/30 (which would explain the targeted close of the first equity tranche).

Could these by the Ruby-Spears animation studios designs he created? And could the first be Microminds?

See more of our Sony leaks coverage right here.

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