Despite that fact that “The Marine” was a total dog and I’ve heard nothing good about Kane’s horror turn, the WWE is planning to forge forward with at least one theatrical release and as many as 4 direct to DVD movies a year. Yesterday it was announced that they’ve struck a distribution deal with 20th Century Fox, making these plans even more likely. I’m mildly stoked about this: the two movies I mentioned above aside, Steve Austin’s flick, “The Condemned,” is actually a hell of a fun way to spend an hour and a half, so there’s definite potential in future movies.

WWE is looking to spend around $20 million for theatrical releases while direct-to-DVD titles would be made for around $3 million to $5 million.

The wrestling org has had mixed success since forming its film division in 2002, releasing three pics, “See No Evil,” featuring Glen “Kane” Jacobs; “The Marine,” also with Cena; and “The Condemned,” with Stone Cold Steve Austin.

Fox distribbed “The Marine” in 2006, WWE’s biggest earner to date, that collected $22 million at the worldwide box office. Lionsgate handled the other two releases. While ticket sales were less than expected, the pics performed well on homevid, which has proved a lucrative revenue generator for the company.

via Variety

Movie/TV, Wrestling