Exec VP Stern to take helm for New Line

'Rush Hour 2' in development

Jay Stern, who supervised development and production of New Line’s hit “Rush Hour,” has been promoted to executive veep at the studio.

Stern joined New Line five years ago and during his tenure has overseen such pics as “Money Talks” and “Love Jones.” He is now shepherding the Sundance film “Love and Basketball” (due in theaters April 21) and is developing “Rush Hour 2,” which reunites Chris Tucker, Jackie Chan and helmer Brett Ratner.

“With ‘Rush Hour,’ Jay has delivered one of the most successful films in the studio’s history,” said Michael De Luca, prexy and COO of New Line Prods. “He has an eclectic taste for material and has proven his skill developing a broad slate of films. Jay is well-liked and respected by filmmakers and talent alike, and he is an indispensable member of our development team.”

“Rush Hour” grossed $144.1 million domestically and $247 million worldwide.

Stern is also involved in the Jackie Chan comedy “Nosebleed: The Guest,” to be directed by David Zucker and produced by Gil Netter and John Jacobs, with Peter and Bobby Farrelly exec producing; and “Billy Two Sugars,” an action-drama starring Antonio Banderas as a disgruntled chauffeur of a Mafia kingpin, to be directed by Ratner.

In 1997, Stern was promoted to senior veep. He had previously served as veep of production for Hollywood Pictures, where he was responsible for acquiring, developing and supervising production of the label’s feature slate.

Stern joined Hollywood Pictures in 1989 as a creative executive; two years later he was promoted to director of development.

He launched his film career in Gotham, working in a variety of positions, including that of a location manager for “Tootsie.”

A graduate of Yale University, Stern also attended Teachers College at Columbia University.

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