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Universal Pictures dumps both chairmen

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  • Retrocool
    replied
    Re: Universal Pictures dumps both chairmen

    "Shmuger" sounds like a bagel-maker. "Honey, I'm gonna stop by Shmuger's Bagels and pick up a dozen, OK?"

    Leave a comment:


  • ALIASd
    started a topic Universal Pictures dumps both chairmen

    Universal Pictures dumps both chairmen

    "...with the exception of the sequel "Fast & Furious," Universal's 2009 boxoffice returns hit one setback after another. Neither the adult-skewing romantic comedy "Duplicity" nor the drama "State of Play" could climb past the $40 million mark. "Land of the Lost," which aimed to corral the family audience, stalled at $50 million.

    Sacha Baron's Cohen's gonzo comedy "Bruno" took in $60 million, but fell well short of the comedian's 2006 "Borat," which had a domestic take of $128.5 million. And the Adam Sandler comedy "Funny People" stalled at just $52 million.

    The studio squeezed domestic returns of $97 million out of the Michael Mann/Johnny Depp gangster movie "Public Enemies" -- and the movie has taken in another $99 million abroad -- but it was still seen as a pricey exercise that fell short.

    What sealed the fate of the duo, insiders say, was not the boxoffice, but the lack of team-building that went on in the aftermath of the disappointments. Infighting between execs were a regular occurrence, while on-the-lot producers openly showed their displeasure.

    The new team received thumbs up from those inside the Studio City lot, with some saying the move "keeps things in the family."

    Fogelson is a well-respected marketing exec who oversaw campaign for studio franchises such as "Meet the Parents," "Bourne Identity" and "Fast & Furious" as well as movies such as "Knocked Up" and "Mamma Mia!" he joined Universal in 1998 as vp creative advertising, becoming president of marketing in 2002.

    full story at:

    Shmuger, Linde out at Universal

    Adam Fogelson taking over as chairman

    Shmuger, Linde out at Universal

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