In a deal that has taken over a year to finalise, a merger between Jason Blum’s Blumhouse Productions and James Wan’s Atomic Monster has been completed.
“It’s official! The preeminent homes for horror are now under one roof. Blumhouse and Atomic Monster have joined forces,” Blumhouse wrote in a post on X.
An accompanying video showed a highlight reel of both studios’ horrific creations, including Paranormal Activity, The Conjuring, Insidious, Halloween, M3GAN, and Five Nights at Freddy’s.
However, what does this merger mean? 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.
So, it looks like we’ll be seeing two of the biggest producers the horror genre has on offer come together on a number of productions in the future. At a time when horror is hotter than its been in years, this deal is the perfect powerhouse move and we hope it results in many more frights ahead!
— Blumhouse (@blumhouse) January 2, 2024