Paramount Sets First Look Deal With Adam McKay & Will Ferrell’s Gary Sanchez & Gloria Sanchez Labels

To say we are excited is an understatement. Ferrell said the studio "has been a great home to us over the years. But I’m going to say it again. WE ARE EXCITED!!! EXCITEMENT!!! Can you feel it???” We couldn’t think of a better fit for Gary and Gloria Sanchez.
Plus, we genuinely like a lot of the people who work at Paramount. He gives me the creeps.” So, when Jim and Wyck took over and made it clear they were serious about making movies, all kinds of movies, we knew it was time to go back. Said McKay: “We’ve had a lot of success at Paramount in the past. Except that one guy with frizzy hair who works in the gift shop. In fact, our very first deal was there many years ago.
“This is truly a dream collaboration, and we look forward to continuing to share the incredible film and television content created through this alliance with audiences worldwide.” “Adam and Will are among the most influential and innovative comedic minds of our time, and we couldn’t be happier to welcome back the strong partnership that the studio enjoyed with them in the past and will continue to nurture and grow for years to come,” says Wyck Godfrey, President of Paramount’s Motion Picture Group.
Bringing them back is a coup for chairman Jim Gianopulos and Paramount Motion Picture Group president Wyck Godfrey. Ferrell and McKay once had a deal under the prior regime at Paramount but left the studio. That includes Hansel & Gretel: Witch Hunters ($226M), Anchorman 2: The Legend Continues ($173M), the Will Ferrell/Mark Wahlberg Daddy’s Home ($242M) and Daddy’s Home 2 ($180M) and The Big Short, the McKay-directed film that grossed $133M and got five Oscar nominations and won the Best Adapted Screenplay Oscar that McKay shared with Charles Randolph. Gary Sanchez Productions films have grossed almost $1 billion worldwide for Paramount.
Gary Sanchez Productions is led by principals Will Ferrell and Adam McKay with producer Jessica Elbaum heading Gloria Sanchez. EXCLUSIVE: Paramount Pictures has set Gary Sanchez Productions and sister label Gloria Sanchez into a new three-year first look feature deal.
Paramount put in development the McKay-directed Back Seat, the film that stars Christian Bale as former veep Dick Cheney. It will make noise in Oscar season. But when Paramount was retooling, the studio put that in turnaround over budget, and producer Plan B brought it to Annapurna when Brad Pitt, Dede Gardner and Jeremy Kleiner moved their company to a deal there.
Robyn Wholey handles day-to-day operations, Owen Burke (Comedy Central’s Drunk History) heads up television and Betsy Koch serves as a producer.” /> Gary Sanchez' key execs/producers are Kevin Messick, whose recent credits include the Netflix pic Ibiza, the HBO series Succession, and the Cheney film, and Chris Henchy, the writer/producer whose Gary Sanchez credits include The Other Guys and The Campaign, as well as Daddy’s Home and Daddy’s Home 2.
This comes as Paramount percolates the Demetri Martin scripted Will, and the English language remake of the German comedy Toni Erdmann, with Lisa Cholodenko to direct a vehicle for Kristen Wiig.