×
You will be redirected back to your article in seconds

Facts on Pacts: Studio-Producer Deals Retreat as Sony, Warner Bros. Pull Back

Amid the massive challenges facing Hollywood, the six major studios pared back slightly to 135 their number of producer deals, six fewer than a year ago.

Warner Bros. led the way with 35, two fewer than a year ago, ending longtime pacts with Steve Carell and Morgan Freeman.

There were a pair of notable additions — basketball superstar LeBron James at New Line, and veteran indie financier-producer Bill Block.

Though Block isn’t as famous as James, he’s racked up a formidable array of credits, including “Dirty Grandpa,” David Ayer’s “Fury,” Neill Blomkamp’s “District 9” and “Elysium” and Oliver Stone’s “W.” The first project under his new deal is Sam Raimi’s “World War 3.”

As part of the production deal, Block has closed a multimillion-dollar private development fund to acquire and develop projects with global distribution potential for packaging.

“It’s a privilege to be at Warner Bros., and it’s sort of a natural evolution for me, since my other films have gone out through the majors,” Block noted.

Sony has three fewer deals, with 26 overall, as pacts with Todd Garner, Simon Cowell and Dana Brunetti/Kevin Spacey’s Trigger Street went away. Paramount was the only studio to see a net gain in pacts over last year, going from 13 to 14, including a deal with Hasbro. Disney stayed stable, with 10.

Notable new deals included Ghost Corps at Sony with Dan Aykroyd and Ivan Reitman, “Fifty Shades of Grey” producer Michael De Luca at Universal and author John Green at Fox.

Among the notable deals at new players: Broad Green Pictures with “Straight Outta Compton” producer Matt Alvarez; and Bold Films pacts with Jake Gyllenhaal and Ben Stiller.

Download the Facts on Pacts PDF

Click Image to Download the Facts on Pacts PDF

More Biz

  • Jussie Smollett

    Jussie Smollett Charged With Filing False Police Report

    “Empire” actor Jussie Smollett has been charged with filing a false police report, the Chicago police said Wednesday. “Detectives will make contact with his legal team to negotiate a reasonable surrender for his arrest,” police spokesman Anthony Guglielmi said on Twitter. Smollett is due to appear in court for a bond hearing at 1:30 p.m. [...]

  • Coast Guard Lieutenant Hit List

    Coast Guard Lieutenant Targeted CNN, MSNBC Anchors and Democrats for Attacks

    Anchors at CNN and MSNBC and prominent Democrats were targeted for attack by a Coast Guard lieutenant arrested Friday on a firearms charge, according to federal prosecutors in Maryland. In court documents revealed Tuesday, prosecutors describe the firearms and controlled substance charges Christopher Paul Hasson is facing as “the proverbial tip of the iceberg.” CNN’s [...]

  • Jussie Smollett suspect

    Jussie Smollett Named a Suspect by Chicago Police for Filing False Report

    Chicago police have named “Empire” actor Jussie Smollett as a suspect in a criminal investigation, three weeks after he reported he was the victim of a hate crime. Detectives are presenting evidence to a grand jury, which is expected to determine whether to indict Smollett on a charge of filing a false police report. “Jussie [...]

  • Contract Placeholder Business

    WGA, Agents Face Tough Issues on New Franchise Pact (Column)

    The Writers Guild of America and the major talent agencies are seven weeks away from a deadline that could force film and TV writers to choose between their agents and their union. This is a battle that has been brewing for a year but few in the industry saw coming until a few weeks ago. [...]

  • Island Records Names Christine Kauffman Senior

    Island Records Names Christine Kauffman Senior VP of Brand Partnerships

    Veteran advertising executive Christine Kauffman has been named senior VP of brand partnerships at Island Records, the company announced today. She will be based in New York and report to Island COO Eric Wong. In making the announcement, Island President Darcus Beese said, “The fast-paced and competitive field of strategic brand marketing has become an [...]

  • Latin Music Veteran Nir Serioussi Joins

    Latin Music Veteran Nir Serioussi Joins Interscope as Executive VP

    Interscope Geffen A&M announced today that veteran executive, producer and songwriter Nir Seroussi will join the company as executive vice president. The announcement was made by Interscope Geffen A&M Chairman and CEO John Janick, to whom Serioussi will report. (Seroussi, center, is pictured above with Janick, left, and Interscope EVP Joie Manda.) According to the [...]

  • Tan FranceUnforgettable Gala, Inside, Los Angeles,

    'Queer Eye' Star Tan France to Host Audiobook Audie Awards

    “Queer Eye” resident style expert Tan France is taking on a slightly different project next month as he hosts the Audie Awards, which honors the best releases and achievements in audiobooks over the past 12 months. The ceremony, which takes place on March 4 in New York, is an annual event organized by the Audio [...]

More From Our Brands

Access exclusive content