EXCLUSIVE: Well, that didn’t take long. Six weeks after I scooped the news that Joel Silver and Warner Bros agreed to sever their 25-year relationship by the end of the year, the producer has plans to set up shop as an indie filmmaker. And just as I toldja, he’s landed at Universal. This is by no means the ful-frills first-look producing deal he’s had. I’m told that Universal was never interested in a first-look production deal with Silver. His close pal and travel buddy Ron Meyer’s daughter is an executive at Silver Pictures and, because of those relationships, Uni President/COO Meyer supposedly
took himself out of the decision-making process. Instead, Universal Pictures Chairman Adam Fogelson with Co-Chairman Donna Langley did the deal. Details are still sketchy, But I hear it calls for five years of domestic distribution of product from a new division of Silver Pictures which is going to be called Silver Pictures Entertainment. The 12-film agreement which will be announced soon calls for Universal to distribute 2 to 3 films annually from Silver Pictures Entertainment across multiple genres. Universal will pay for marketing, with a backstop so that Silver is on the hook if the pics don’t earn out. I understand that Silver will have to find financing though Universal may choose to finance certain films but is under no obligation to do so. The first project under the deal will be action thriller Non-Stop which reteams directed Jaume Collet-Serra and Liam Neeson who worked on 2011′s Unknown together for Silver’s Dark Castle where Collet-Serra also helmed Orphan (2009) and House Of Wax (2005). Non-Stop is not yet in production and is slated for a 2013 release.
Related: EXCLUSIVE: Joel Silver And Warner Bros Pictures Severing 25-Year Relationship
Speaking of Dark Castle, I’ve learned that Universal is interested in distributing that product. But Dark Castle’s slate of movies remain at Warner Bros for distribution through 2013. And after that Silver can take that banner with him for distribution elsewhere or dump it. (Silver is currently embroiled in a high-profile lawsuit with Goldman Sachs over financing for Dark Castle.) Thus comes the quiet finish to one of the most long-term, big-time, noisy, up and down, and ultimately dysfunctional relationships between a film producer and a movie studio. Silver’s tipping point with Warner Bros came during Christmas 2011 when Silver began loudly complaining around Hollywood, and using surrogates to grouse directly to showbiz media, about Warner Bros’ handling of Sherlock Holmes 2‘s release. Movie chief Jeff Robinov felt the Sherlock Holmes 2 blame game orchestrated by Silver was destabilizing the studio. That’s when Robinov became fed up. Once the relationship soured, the issue was how to avoid a bad situation devolving into a bad breakup. Silver has been responsible for billions in ticket sales for Warner Bros over the years — including four Lethal Weapon movies (the first released in 1987), The Matrix films, Sherlock Holmes and Sherlock Holmes 2 – and is leaving the studio a legacy of big action hits since he started Silver Pictures in 1985.
Meanwhile, Silver also is vacating one of the most coveted office spaces on the studio’s Burbank lot – once beloning to Frank Sinatra – and has found temporary office digs on the Westside by the beach. But where he really wants to set up shop is Venice. Recently, Silver spoke before the Venice Neighborhood Council attempting to buy the old Venice Post Office. Here is video of Silver speaking during the public comment period and offering to relocate his production companies, save the historic mural inside, and provide a public screening room if the U.S. Postal Service goes ahead with the sale:
Editor-in-Chief Nikki Finke - tip her here.


Used to live around the corner from that Post Office and Silver would save a wonderful building.
Good luck with your new freedom Joel!
Good for Joel. WB should be naming buildings after him — not letting him leave unceremoniously.
Not sure how a 12 picture deal with Universal qualifies as “indie”?
Silver has to find financing, Universal is the marketing-distribution end of the deal (and might finance those projects it really likes). You’re right, though, it’s not nearly as “indie” as other indies have it.
YES!!!
Ratner, Hasbro, Stuber, Kurtzman/Orci… and now Silver.
It’s like Universal is some kind of magical shit magnet.
Are Commenters allowed to declare “TOLJA?”
“It would also be a mistake to read (Ms. Finke’s earlier piece) as Joel Silver’s obituary.”
I knew this would happen. And frankly I think it’s the best move for him. Joel Silver should reposition himself as a Millenium or Carolco esque self financed producer. His brand of action movie will play (and sell) very well abroad and providing that he can keep his spending under control he should do very well.
But, as I’ve said before, it’s highly unlikely that Silver will NEVER set foot on the WB lot again. It’s going to be interesting to see what happens to the likes of the third Sherlock Holmes movie or the Logan’s Run and Lethal Weapon reboots at WB?
Perhaps ‘getting divorced’ is exactly what Joel Silver and WB needed to keep their relationship alive.
I thought the first film was Gypsy with Streisand
Couldn’t one say with confidence that Joel Silver’s best days are in the rear view mirror?
Look at his track record. You think you’re the first to declare his producing done over the past 10? 20? 30 years? I wouldn’t bet against him.
No
Nikki — any word on Silver and Streisand’s GYPSY? Is that part of the 12 picture deal with Universal?
“Meyer supposedly took himself out of the decision-making process.”
Sure that’s very believable. Adam and Donna did this to make Ron happy.
Joel should have told Ron he wants to move into the Alfred Hitchcock Bungalow that’s the nicest office on the Universal lot. Who’s in there now? Joel could have demanded that bungalow and gotten it for January.
It’s amazing to see the producer of Lethal Weapon and The Matrix speak to a town hall, and yet the only comment I can muster is “is that guy actually wearing purple on purple?”
Go Joel, and great job “hiring” Ron’s daughter.
Don’t you love Joel’s “Venice Beach” outfit.
Hippie t-shirt, jeans and sandals would’ve been better Joel. If you were trying to be respectful with a collared shirt, purple on purple is not the way to do it.
He seemed nervous… maybe he knew he made a mistake with the outfit.
“Goldman Sachs are idiots!”