![]() The movies that Skydance releases for Apple are not guaranteed theatrical runs. That money compensates Skydance for the backend profits it theoretically would have reaped if the film were a conventional box office success. Skydance is also guaranteed a payout of up to $25 million per picture, depending on certain budget thresholds. ![]() ![]() Under the terms of the pact, Skydance is guaranteed at least two fully-financed feature films per year with budgets up to roughly $125 million, numerous insiders close to the situation said. Though not unprecedented, industry observers say the deal between Skydance and Apple is among the richest received by any production company. The agreement reportedly grants Skydance two feature films with budgets up to $125 million but does not guarantee a theatrical release for either project.
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