×

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

  • Why the Oscars, Emmys Shouldn't Try

    Grammy Awards Nominating Is Marred by Insider Deals, Ousted CEO’s Complaint Alleges

    Amid the multiple claims in former Recording Academy boss Deborah Dugan’s blockbuster complaint against the organization is a section that is deeply critical of the Grammy Awards nominating processes and essentially accuses it of insider dealing and corruption. Its allegations, if true, suggest worst-case scenarios, many involving the Board of Trustees that ultimately controls the [...]

  • The Irishman

    Netflix Adds 8.8 Million Subscribers in Q4, Cites Competition for Lower U.S. Gains

    Netflix beat its forecast for overall subscriber additions for the fourth quarter of 2019, while it brought in fewer than expected U.S. streaming customers. The company added a net 420,000 streaming customers in the U.S. and 8.33 million overseas in the year-end 2019 quarter, for a total of 8.76 million net adds. Netflix had previously [...]

  • Chris McCarthy Sets ViacomCBS Team for

    Chris McCarthy Sets ViacomCBS Leadership Team for Entertainment & Youth Division

    ViacomCBS’ senior leadership ranks are coming into sharper focus as Chris McCarthy, head of the sprawling Entertainment and Youth wing has solidified his senior leadership team. A number of executives closely associated with McCarthy are gaining additional responsibilities, including programming maven Nina Diaz, MTV chief marketing officer Jacqueline Parkes and PR chief Liza Burnett Fefferman. [...]

  • caa logo

    CAA Sets Eleven-Member Board to Manage Day-to-Day Operations

    Creative Artists Agency (CAA) announced Tuesday that the agency is establishing a board to manage its daily operations. The CAA Board will consist of eleven members: Risa Gertner, Michael Levine, Emma Banks, Joe Cohen, Maha Dakhil, Paul Danforth, Michelle Kydd Lee, Joel Lubin, Sonya Rosenfeld, Rick Roskin, and Tiffany Ward. Each board member will continue [...]

More From Our Brands

Access exclusive content