Thank you to Jamie Levine from Latham & Watkins LLP for representing Blumhouse in its acquisition of Atomic Monster (responsible for the Conjuring franchise, Malignant, M3GAN, and many more).

Under the deal, Blumhouse and Atomic Monster will work as separate labels and retain creative independence, with a three-way ownership structure split by Blum, the majority owner; Wan; and Comcast, the parent company of NBCUniversal.

Wan and Blum have said the partnership will encourage greater collaboration between the two, and could mark an uptick in output, as well.

Previously, Blumhouse had a first-look deal with Universal, which extended to Atomic Monster. Atomic Monster had a first-look with Warner Bros for about a decade.

Both parties' movies have brought in more than $8.5 billion in box office sales since between 2004 and November 2022 when the advanced merger talks were first announced.