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Why Did Universal Let Kong: Skull Island Go to Warners?

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Now that Legendary Pictures has officially moved their King Kong prequel Kong: Skull Island from Universal Pictures to Warner Bros. Pictures in order to pave the way for an eventual King Kong vs. Godzilla movie, the reasons and internal politics behind the studio change are coming to light.

According to The Hollywood Reporter, Legendary Pictures honcho Thomas Tull "wanted Universal to kick in 25 percent of the new film's budget, and sources say some at the studio were excited about the idea of a new Kong movie. But 'when you're taking a big swing like that,' says an insider, 'you'd better have your (expletive) together.' And Universal was not convinced that such was the state of Legendary's project."

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