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Entertainment NewsTyler Perry Backing Out of Movie Studio Deal

Tyler Perry Backing Out of Movie Studio Deal

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Tyler Perry’s movie studio deal is on ice after the Fort McPherson deal fails to close.

Creator, writer, actor, producer, director, and filmmaker Tyler Perry is backing out of a deal to redevelop Fort McPherson. According to reports, Tyler Perry was supposed to change the former Army fort in into a motion picture studio now the actor is backing out of the Fort McPherson deal. The deal was supposed to expand Tyler Perry Studios operations on more than 1,000 acres.

Tyler Perry
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Read more: Tyler Perry Sued Over Fort McPherson Movie Studio Plans

The person, who declined to be named because the person was not authorized to comment, said the sale process at Fort McPherson has taken too long and Perry needs to quickly move forward with plans to expand his production base. The person said it is not clear if talks could resume in the future, but Perry is focused on the Douglas land.

A break-up of the would-be deal casts doubt on the future of the property, which sits a few miles south of downtown and has sat largely vacant since the post closed in 2011. [via]

Read more: Pinewood Atlanta Studios to Double in Size

Tyler Perry Oprah Winfrey
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Authorities planned on using a life sciences campus, but plans were halted when Tyler Perry came forward to say that he was interested in developing the property into a movie studio. In June, Atlanta Mayor Kasim Reed announced the city and Tyler Perry were working together to turn the 488-acre area. Development plans were projected for October 2015 but, closing dates have not been scheduled.

Read more: Tyler Perry Sues Stalker for $100,000

Tyler Perry was going to purchase 330 acres for a studio complex and tourist attraction for $30 million. The remaining property, the size of Atlantic Station, was going to be used for future development and turned into a VA clinic.

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Megan Dianehttps://www.projectcasting.com
Hi, I'm Megan Browne, the Head of Partnerships at Project Casting - a job board for the entertainment industry. As Head of Partnerships, I help businesses find the best talent for their influencer campaigns, photo shoots, and film productions. Creating these partnerships has enabled me to help businesses scale and reach their true potential. I'm excited to continue driving growth by connecting people with projects they're passionate about.

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