A surprising bit of custody business has been settled as a result of the divorce between Warner Bros. and Legendary Pictures.  The two studios will part ways at the end of this year when their current contract expires, and Legendary has already set up a distribution deal with Universal Pictures after opting not to renew its WB deal.  Just the other day we learned that Legendary agreed to give up its stake in the Man of Steel sequel in exchange for a portion of Christopher Nolan’s Interstellar, which is a co-production between Warner Bros. and Paramount Pictures, and now it appears that Warner Bros. is dropping the upcoming fantasy-adventure film Seventh Son altogether.  As a result, the film’s release date is now in flux.

Hit the jump for more, including a rundown of the Warner Bros./Legendary projects that are still in question.

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Warner Bros. has removed Seventh Son from its upcoming calendar and Universal Pictures will now release the film, according to THR.  The film’s plot follows mystical knight Father Gregory (Jeff Bridges) and his apprentice Tom Ward (Ben Barnes) and their fight to defeat the evil witch, Mother Malkin (Julianne Moore) and her followers.  The previous trailer and Comic-Con footage haven’t exactly been promising, but Warner Bros. had already released a number of promotional posters for the film and was well into the first leg of its marketing campaign.

Seventh Son was poised to hit theaters on January 17th, but that is no longer the case.  Universal tells THR that they haven’t yet chosen a release date, so expect to hear word on that front in the coming weeks.  In the meantime, Warners is still set to release the Legendary co-production 300: Rise of an Empire and next summer’s Godzilla, for which Legendary assumed 75%-80% of the budget.

Additionally, there are a few other Legendary projects that will no longer be distributed by Warner Bros., including Warcraft, Hot Wheels, Mass Effect, and director Michael Mann’s thriller Cyber.  Those films will be submitted to Universal for consideration, and the studio will decide which projects it wants to co-finance.

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