
Lionsgate has 19 months to get "Catching Fire" in fighting shape for
theaters -- hardly an impossible timetable, but one with a new sense of
urgency now that "The Hunger Games" director Gary Ross has ankled the
sequel.
With scaled-up expectations created by "Games'" outsized
success, the studio must now hustle to find a helmer to replace Ross,
who announced his departure Tuesday night. Lionsgate is believed to have
a list of candidates in mind, and there should be no shortage of takers
for a bankable franchise whose first installment is closing in on
grosses of half a billion dollars worldwide in just three weeks.
But
he or she will face an even tighter production schedule than the one
Ross cited as his key reason for exiting. Lionsgate is holding firm to
its Nov. 22, 2013 release date for "Catching Fire," a spokeswoman
confirmed Wednesday.
Fox's "X-Men: First Class" sequel is
compressing that window further, given that "Games" star Jennifer
Lawrence is committed to the superhero pic, which has a January 2013
shoot date planned. If Fox won't budge, "Catching Fire" would have to
wrap production by December.
That should give it a reasonable
five-month window to lens -- provided the pic makes its scheduled August
start date. Before that can happen, however, Lionsgate has some key
hurdles to clear:
• It needs to sign a director whose late-summer
schedule is open and can immediately begin working with "Slumdog
Millionaire" screenwriter Simon Beaufoy, who's still crafting the "Fire"
script.
• Though Lionsgate has the lead actors (Lawrence, Josh
Hutcherson, Liam Hemsworth and Woody Harrelson) locked in for the
sequels, the stunning performance of "Hunger Games" means the company
may feel the need to sweeten their deals -- even if it's not
contractually obligated to do so.
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| Gary Ross confirms he will not direct Catching Fire |
• Once a director is on board,
he or she needs to cast about two dozen additional actors who were not
in "The Hunger Games." Suzanne Collins' "Catching Fire" story features a
special edition of the Hunger Games every quarter-century in which
tributes are "reaped" from the victors of past games. Among the key new
characters is Finnick, a combatant in the second book who leads a revolt
against the Capitol, and the head Gamemaker in the second book who
turns out to be working stealthily for the uprising.
None of these tasks is insurmountable, and bizzers expect Lionsgate to meet its deadlines.
"I
don't thing it's a big problem," said one tenpercenter who covers
Lionsgate. "It would have been a problem if it were the first film, but
now you already have the infrastructure in place for the next film."
Besides,
the crunch the studio faces is hardly unprecedented: Lionsgate's motion
picture group is headed by former Summit toppers Rob Friedman and
Patrick Wachsberger, who saw Catherine Hardwicke depart after the first
"Twilight" film and replaced her with Chris Weitz for "New Moon." Those
pics were released exactly one year and one day apart.
Wall
Street shrugged off concerns about the studio finding a new helmer in
time, as shares rose 16¢ to $12.78 on Wednesday. Shares have pulled back
since hitting an all-time high $15.69 two days before the March 23
opening of "Hunger Games," but the stock is also up 47% since Lionsgate
acquired Summit in Janaury.
Matthew Harrigan of Wunderlich
Securities, who tracks Lionsgate and has a $19 price target on its
stock, told Variety that Lionsgate should have little problem keeping
"Fire" on track for 2013 -- provided the studio gets moving promptly.
"They
allowed a counterintuitively long window from March 2012 to November
2013 for the second release to tinker with anything that needed to be
adjusted," Harrigan noted. "I don't know whether some of this was a
cushion in anticipation of the possibility of just what happened. I
guess we will find out how big a cushion they need."