Even for a company like Legendary Entertainment, known for taking risky bets on franchises including the recent Godzilla and King Kong movies, making “Dune” is a gamble. Upping the stakes, Legendary also has a TV series titled “Dune: The Sisterhood” that is planned for HBO Max. Financial sources questioned whether going public through a SPAC makes sense for Legendary, given the uncertain fortunes of the movie business. “I think we’ve done a good job of creating what I hope is an intimate production company on one level, with the perks of a global company on another,” Parent said. “I said, ‘you actually went into the desert and pulled out the grains of sand if you didn’t like the way they looked,’ that’s how particular he was on this movie,” Grode said.

Source: Los Angeles Times August 10, 2021 12:00 UTC