Relativity Media is in talks with Universal to acquire the assets of Rogue Pictures, the studio's genre label, for as much as $150 million, according to The Hollywood Reporter.
The proposed deal would see Ryan Kavanaugh's Relativity purchase more than 25 library titles, four upcoming films and more than 30 projects in development at Rogue, which was launched in 2004 as a division of Universal's Focus Features. In 2007, Rogue became an independent specialty unit of the parent studio.
The discussions have been taking place for several months and are reaching a critical phase in the wake of Universal's recently completed distribution pact with DreamWorks. Universal releases about 18-20 titles domestically each year, plus another six films from Focus and another four from Rogue. While it will now have to accommodate DreamWorks titles, the studio said last week that it will be able to handle the films from all its labels.
The purchase would cover Rogue films now in postproduction, which include Fighting, starring Channing Tatum and Terrence Howard; Platinum Dunes' The Unborn, from writer-director David Goyer; Wes Craven's 25/8 and a remake of The Last House on the Left.
The Rogue library that Relativity would be acquiring includes 13 films, including this summer's hit The Strangers.
Rogue's development slate numbers 32 projects, ranging from the adaptations of the video game Castlevania and the comic book Hack/Slash to the 1980s teen movie remake Three O'Clock High and The Strangers 2.