×
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

  • Aquaman 2018

    'Aquaman' Crosses $250 Million at Foreign Box Office

    Things are going swimmingly at the box office for “Aquaman” as the Warner Bros.’ superhero flick hits another major milestone overseas. James Wan’s take on the ruler of the seven seas just passed $250 million internationally, and a weekend haul of $126.4 million from 43 territories brings its foreign tally to $261.3 million. “Aquaman” — [...]

  • Mortal Engines

    'Mortal Engines' to Lose More Than $100 Million at Box Office

    “Mortal Engines,” a steampunk fantasy adventure, is also an epic flop. With a budget of just over $100 million and tens of millions in global marketing costs, executives at rival studios estimate that the movie will lose upwards of $100 million. Some even project that number could float to more than $125 million. “Mortal Engines” [...]

  • Thierry Frémaux, José Luis Rebordinos Honored

    Thierry Frémaux, José Luis Rebordinos Named Honorary Argentine Academy Members

    BUENOS AIRES — In a ceremony just before Friday’s prize announcements at Ventana Sur, Cannes chief Thierry Frémaux and José Luis Rebordinos, director of the San Sebastian Festival, were named honorary members of Argentina’s Academy of Motion Picture Arts and Sciences, in a new move for the Academy, out through by its new president, Bernardo [...]

  • Nona

    Film Review: 'Nona'

    Twenty years and 12 features down the line, it’s still hard to peg the directorial sensibility of Michael Polish, with or without the presence of brother Mark as frequent co-writer and actor. His output has been all over the place, from early Lynchian quirkfests to the very middle-of-the-road inspirational dramedy “The Astronaut Farmer,” not to [...]

  • Pawel Pawlikowski "Cold War"

    Pawel Pawlikowski's 'Cold War' Wins for Best Film, Director at European Film Awards

    “Cold War,” Pawel Pawlikowski’s black-and-white romance set in the 1950s, scooped the prizes for best film, director and screenplay at the 31st edition of the European Film Awards on Saturday. “Cold War” star Joanna Kulig also won the award for best actress. Marcello Fonte, the star of Matteo Garrone’s “Dogman,” won for best actor. Armando Iannucci’s [...]

  • The Favourite Bohemian Rapsody Star is

    The Best Movie Scenes of 2018

    When we think back on a movie that transported us, we often focus on a great scene — or maybe the greatest scene — in it. It’s natural. Those scenes are more than just defining. They can be the moment that lifts a movie into the stratosphere, that takes it to the higher reaches of [...]

More From Our Brands

Access exclusive content