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UNIVERSAL, FOX TO PLAY HALO WITH MICROSOFT
Thursday, August 25 2005
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Halo, which became a huge video-game hit for Microsoft and helped it successfully launch its Xbox game console, will be transformed into a movie in 2007 as the result of a deal signed Wednesday between the software company and two studios, Universal and 20th Century Fox. The studios reportedly agreed to pay Microsoft $5 million, plus a percentage of the box-office gross for the rights. In addition, Microsoft reportedly plans to coordinate the opening of the film with its release of the Halo 3 videogame. (Halo 2 took in over $125 million in sales on the first day of its release last November.) As part of the deal, Universal will oversee production of the movie and distribute it domestically, while Fox will distribute it overseas.
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