Three years and one film later, Irving Azoff is shuttering his Giant Pictures film label, which was based at Warner Bros.
The news of the end of Giant Pictures comes as production company president Jon Jashni exits to join Fox Family Films as senior VP of production, where he will be second-in-command to division prexy Christopher Meledandri.
Giant will keep an office open, but will not be developing projects and probably will have only one staffer, Azoff said. In addition, Azoff said he will keep a handful of development projects under his wing, some of which have creative elements attached.
Those include “The Fountainhead,” which is known to have the commitment of filmmaker Oliver Stone and is in the process of moving from Warner Bros, to Turner Pictures; a live-action “Frosty the Snowman,” with Sam Raimi attached to the Mark Steven Johnson script; “The Hurricane Carter Story,” to which Wesley Snipes has been attached; the comedy “Exit Now,” which was put in turnaround earlier this year from United Artists; the con artist comedy “Trickster”; and “Reid Fleming: The World’s Toughest Milkman,” described as a modern-day absent-minded professor.
The Matty Rich-directed “The Inkwell,” which was distributed through Buena Vista, was the lone Giant Films project.
The former MCA Music chairman said that, given the demands on his time with the three other divisions of Giant, it makes more sense to concentrate on his music company. “I’m still involved in soundtracks. I still will be involved in film and film music,” said Azoff.