Convergence Entertainment (The King of Fighters) has closed feature rights deals on a pair of franchise properties — Gungrave and Lone Wolf.
Variety says the company is aiming to produce both projects as live-action features with budgets in the $30 million-$35 million range by tapping into financing sources from its strategic partners in Asia. Convergence’s Tim Kwok will produce, with Yasuaki Nagoshi from Red…
