You will be redirected back to your article in seconds

Mutual agreement

Par extends Gordon-Levinsohn shingle's 1st look

Paramount Pictures and Gary Levinsohn and Mark Gordon’s Mutual Film Co. have extended their first-look agreement through 2001.

The deal ends speculation about the status of the relationship, following Mutual’s announcement of a $350 million co-financing package with Universal Pictures in September.

The company, originally called Cloud Nine Entertainment, first pacted with Par in 1996. Last year, in June, it changed its name to Mutual and announced a partnership with four overseas distributors to co-finance the development, production and international sales of feature films.

The companies, Germany’s Tele-Munchen, the U.K.’s BBC, Japan’s Toho-Towa/Marubeni and France’s UGC-Ph, each receive distribution rights in their territories and an equity stake in the films on a worldwide basis.

Mutual’s foreign sales arm, headed by chief operating officer Robert Lazarus, licenses distribution rights to territories not handled by its international partners.

Mutual, which is housed at Raleigh Studios across the street from Paramount’s Melrose Ave. lot, has co-financed and exec produced the horror pic “The Relic” and co-financed and produced (along with Ian Bryce) the current action thriller “Hard Rain.”

At Universal, Mutual co-financed and handled foreign sales on the Bruce Willis-Richard Gere thriller “The Jackal”; the sci-fi thriller “Virus”; upcoming John Travolta political satire “Primary Colors” and actioner “Black Dog.”

Mutual is co-financing Par’s thriller “A Simple Plan” starring Bill Paxton and Billy Bob Thornton, and is producing kidpic “Paulie: A Parrot’s Tale” at DreamWorks.

Levinsohn and Gordon also developed “Saving Private Ryan” a DreamWorks-Paramount co-production directed by Steven Spielberg and starring Tom Hanks.

More Film

  • Avengers: Endgame

    'Avengers: Endgame' Reviews: What the Critics Are Saying

    It’s been a long year for Marvel fans since the release of “Avengers: Infinity War,” but the wait is nearly over. The finale to the Infinity Saga is here, and while most diehard fans will know to avoid them for fear of spoilers, early reviews are mostly positive. Last year’s “Infinity War” took home an [...]

  • American Made

    'American Made' Plane Crash Lawsuits End in Settlement

    The producers of the Tom Cruise film “American Made” have settled all litigation surrounding a 2015 plane crash in Colombia that killed two pilots. The settlement resolves pending suits in both California and Georgia. A notice of settlement was filed in Santa Monica Superior Court on Monday. Terms of the settlement were not disclosed. The [...]

  • Avengers: Endgame

    Film Review: 'Avengers: Endgame'

    SPOILER ALERT: The following review contains mild spoilers for “Avengers: Endgame.” The culmination of 10 years and more than twice as many movies in the Marvel Cinematic Universe, “Avengers: Endgame” promises closure where its predecessor, “Avengers: Infinity War,” sowed chaos. That film — which revealed that the cookie-cutter uniformity of all those MCU movies had [...]

  • Avengers: Endgame

    'Avengers: Endgame': Why a $300 Million Opening Could Be Impossible

    “Avengers: Endgame” is preparing for a staggering debut between $250 million and $268 million in North America alone. Unprecedented anticipation surrounding the Marvel juggernaut has some particularly optimistic box office watchers tossing around even higher numbers, estimating the superhero tentpole could clear nearly $300 million in ticket sales in its first three days. If any film [...]

  • Leonardo Dicaprio Nightmare Alley

    Leonardo DiCaprio in Talks to Star in Guillermo del Toro's 'Nightmare Alley' (EXCLUSIVE)

    Leonardo DiCaprio is in negotiations to star in Fox Searchlight’s “Nightmare Alley,” Guillermo del Toro’s follow-up to his Oscar-winning film “The Shape of Water.” Del Toro will direct the pic and co-wrote the script with Kim Morgan. “Nightmare Alley” is being produced and financed by del Toro and J. Miles Dale with TSG Entertainment, with [...]

  • Ben Affleck

    Ben Affleck to Star in and Direct World War II Caper 'Ghost Army'

    Ben Affleck will star in and direct the Universal Pictures caper “Ghost Army,” based on the book “The Ghost Army of World War II,” written by Rick Beyer and Elizabeth Sayles, as well as the documentary “Ghost Army.” It’s unclear when the movie will go into production as it’s still in development and Affleck is [...]

  • 'Yesterday,' 'Maiden,' 'The Farewell' Set for

    'Yesterday,' 'Maiden,' 'The Farewell' Set for Nantucket Film Festival

    The Nantucket Film Festival has set Danny Boyle’s Beatles-themed fantasy “Yesterday” as the opening night selection for its 24th edition. Universal Pictures’ “Yesterday,” which stars Himesh Patel as a struggling singer-songwriter who wakes up one day to realize he’s the only person who remembers that the Beatles ever existed, will open the fest, which runs [...]

More From Our Brands

Access exclusive content