Sony may fund Tintin, Spielberg and Jackson to direct

A two-film series based on the famous comic series Tintin looks close to going ahead, with negotiations said to be “advanced” between Sony Pictures Entertainment and Paramount Pictures to finance and distribute the films.

The Tintin project is being proposed by both Steven Spielberg and Peter Jackson, neither of whom need explanation here. Spielberg will direct the first film, Jackson the second.

Paramount had previously offered to finance the entire $130 milliion project, according to THR, but both directors weren’t happy with the conditions placed on the money. Universal Pictures was reported to be close to a partnership for the series last month, but back away at the last minute.

Under the deal, Paramount will gain exclusive North American rights, with Sony taking the rest of the world.