CinemaCon: Universal’s Sequel Machine Pays Off With Exhibitors

Pete Hammond

It was Universal Pictures’ turn in the spotlight this morning as Chairman Adam Fogelson served up a look at the studio’s sequel-packed summer slate and a summary of the studio’s 2012 hits and even big miss Battleship. He announced sequels in varying stages of development: Snow White And The Huntsman (for a targeted 2015 date), Ted, Bourne Legacy, and also for 2015 another Pitch Perfect, that sleeper which earned $110 million worldwide and has become the 4th biggest digital download in history. But clearly the studio’s biggest franchise news - thinking audiences can’t get enough of a good thing – was star/producer Vin Diesel’s announcement that the cast will return for a 7th Fast & Furious with a release date already set for July 11, 2014. Marketing honcho Michael Moses told me afterwards that the 7th film will go into production with new director James Wan in August right after the cast finishes up its worldwide promotions for #6. For such a stunt driven movie, 11 months is not much time and sets it up for an imposing ‘fast and furious’ schedule. In fact these things go so down to the wire that #6 director Justin Lin couldn’t be in Vegas to join the cast (including Paul Walker and Michelle Rodriguez) and producer Neal H. Moritz on stage to talk up the new film for the pumped theater owners. Moritz said he’s been darting between London, Vancouver and LA trying to finish post-production and insert shots for the May 24th opener.

As for the heavy emphasis on sequels at the studio, producer/star Diesel said it best when he praised Universal and its execs including Universal Studios COO/President Ron Meyer and distribution head Nikki Rocco among those in the audience. “Universal has led the charge in episodic storytelling in a way I haven’t seen from any other studio. One reason Fast & Furious gets more and more successful is we really think about these pictures – where they are going two or three down the road.” Fogelson added that #6  and #7 are “really a pair. We are excited to get back into it.” Closing the presentation, Fogelson introduced a kick-ass freeway chase sequence from the middle of the film that involves a tank driven by co-star Michelle Rodriguez and lots of car’nage so to speak. The exhibitors ate it up.

Of the five movies Fogelson highlighted for Universal’s summer slate, three have numbers at the end including the animated July 3rd release Despicable Me 2. Creator and Illumination studios head Chris Meladandri was acknowledged in the audience. About 20 minutes of footage was shown and got big laughs, especially for a manic rabid chicken and new villain El Macho voiced by Al Pacino. Steve Carell returns as Gru in an undercover mission that looks like something out of James Bond.

Another follow-up is the August 16th release Kick Ass 2, the sequel to the film Lionsgate released domestically and Uni internationally but now has taken over completely. Fogelson said he was a huge fan of the first film and saw a huge after-market for the film which was not a big box office performer (grossing only about $50 million in the U.S. - normally the litmus test for a sequel). Clearly Fogelson hopes to grow the film into a monster in much the way the Fast & Furious films have morphed into major hits after modest beginnings. In the footage shown, Jim Carrey joins as Colonel Stars And Stripes in the hard-R film. (This after NATO’s John Fithian had just publicly begged Hollywood to make more family-friendly movies.) Returning stars are Aaron Taylor-Johnson and Chloe Grace Moretz as Kick Ass and Hit Girl.

Also featured were the only two non-sequels of the summer (although both look like variations on past hits like Lethal Weapon and Men In Black). If they work, clearly they could also be headed to sequel territory. July 19th’s 3D-converted R.I.P.D. was previewed as a work-in-progress at last year’s CinemaCon: the comedy stars Jeff Bridges and Ryan Reynolds as two hero lawmen who return from the dead to fight some very gruesome creatures who have returned to Earth to wreak havoc. (One wag sitting next to me called it ‘Dead In Black’.) Bridges seemed to be having a blast taking on his first insanely comic character since The Dude in The Big Lebowski. Footage was shown from another mismatched buddy film with Denzel Washington as an undercover DEA agent who reluctantly teams with Mark Wahlberg as an undercover Naval Intelligence Officer to take out a drug cartel. During Oscar season Washington told me he had fun on this film because it gave him a rare chance to do comedy. Wahlberg is the unofficial star of CinemaCon so far – and he’s not even here - with last night’s Pain & Gain debut from Paramount. Besides starring in Universal’s biggest 2012 hit Ted with $550 million globally, Wahlberg is also starring with Battleship‘s and John Carter‘s Taylor Kitsch in Peter Berg’s Lone Survivor for Uni. I am told there could be a late 2013 platform release. (For Oscar?)

Unusually, Fogelson spent a good chunk of time actually reminding the exhibitors that the studio also released the 2012 box office bomb Battleship directed by Berg. Studio heads normally don’t tout their failures but Fogelson told the sad tale of the film complete with graphic. “”We learned alot from that experience. We learned that although misses really hurt we are not the kind of studio that gets paralyzed by uncertainty or even finger-pointing when something doesn’t work… And that includes talent relationships that we have. And we believe in Pete Berg as a filmmaker. We have seen a first cut of his next film Lone Survivor – a true story about a heroic mission that happened during the Afghan war – and it is soulful, gritty, tough, emotional and quite frankly remarkable. And we are proud to have it at our studio and glad that Pete poured himself into so passionately.”

Fogelson also quickly mentioned a number of other films including the micro-budgeted The Purge, a new Riddick film for Vin Diesel, a new Best Men sequel, the holiday release 47 Ronin with Keanu Reeves, and a 2014 comedy with Kevin Hart and Ice Cube. The studio hasn’t been talking up the Oscar race yet but insiders say contenders might be two other films Fogelson mentioned: Ron Howard’s sports drama, Rush, and About Time from Richard Curtis who did Four Weddings And A Funeral and Love Actually. Bill Nighy is said to be great in it.

Of course last year Uni was touting its definite Oscar contender, Les Miserables  which went on to become a big hit with over $430 million worldwide, the second biggest musical of all time (behind their own Mamma Mia), and numerous Oscar winners. Fogelson joked that despite the success there won’t be a Les Miserables 2. “Unfortunately, not many of the characters actually survived to the end of Les Mis. There will not be a sequel forthcoming but we’re working on other options.” Can Vin Diesel sing?

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Universal Pictures To Finish Year With All-Time High Film Global Gross Record

By MIKE FLEMING JR | Thursday December 20, 2012 @ 2:32pm PST
Mike Fleming

BREAKING: Remember the bruising that Universal Pictures brass received over the summer when Battleship failed and when rumors were published that Comcast had courted DreamWorks partner Stacey Snider to return? Now, Universal’s Ron Meyer, Adam Fogelson and Donna Langley have reason to take a bow. The studio, which passed the record for Universal’s domestic grosses back in October, is now on course to blow past its global record, even before Les Miserables gets released on Christmas. Grosses aren’t profits, of course, but hits like Safe House and Ted certainly have created some momentum. Here is the official release:

UNIVERSAL CITY, CA, December 20, 2012—Universal Pictures today announced that 2012 will mark its best year at the worldwide box office in the studio’s 100-year history with global theatrical grosses exceeding $2.927 billion to date. Universal broke its domestic record ($1.127 billion) in October and the studio will surpass its international record ($1.716 billion) Friday, December 21.

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Universal Surpasses 2008 To Set Best Domestic Box Office Year Ever

By MIKE FLEMING JR | Tuesday September 25, 2012 @ 9:53am PDT
Mike Fleming

Despite the rumors that Comcast had conversations with Stacey Snider and possibly Tom Rothman to take a top post at the studio, and despite the summer disappointment of Battleship, Universal Pictures has just set its best-ever result for North American box office with $1.128 billion. That beats the $1.127 billion set in 2008. Buoyed by hits like Ted, the studio will likely also beat its worldwide ticket sales record as well. It has four movies still to be released: Pitch Perfect, in wide release on October 5; the action-thriller The Man With The Iron Fists on November 2; Judd Apatow’s This Is 40, on December 21; and Les Misérables, on December 25. The films that Universal has released so far this year are: Contraband, Big Miracle, Safe House, Dr. Seuss’ The Lorax, Wanderlust, American Reunion, The Five Year Engagement, Battleship, Snow White And The Huntsman, Ted, Savages and The Bourne Legacy. The studio is number four in box office share behind Warner Bros (22 films), Sony a(21) and Disney with 13 films. Read More »

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EXCLUSIVE: Joel Silver Going Indie And Making 12-Film Distribution Deal With Universal For Post-Warner Bros Producing

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.  Read More »

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Universal Rolls Out New Footage As Travolta, Theron, Renner, Stewart Hit CinemaCon

Pete Hammond

Universal may have been the last of the seven studios participating here in Las Vegas at CinemaCon but their one-hour-and-forty-minute presentation today at Caesars Palace’s Colisseum theatre was perhaps the starriest of all. Hosted with confidence and self-deprecating humor by the studio’s chairman and 13 year U veteran  Adam Fogelson, the exec made good use of Universal Footage Cineconhis background as the studio’s former marketing head to really sell their summer slate – and beyond – with good old- fashioned star power and well-chosen clips. In addition to extended looks at their summer lineup, the show also featured the first glimpse anywhere of footage from upcoming movies Les Miserables, 47 Ronin, Oblivion which just started shooting with Tom Cruise, next summer’s R.I.P.D., and a specially produced animated piece just for CinemaCon to announce the 2013 arrival of Despicable Me 2. But the clear emphasis was on this summer’s promising-looking lineup as Fogelson opened by saying, “it is a good time for Universal”, especially with the studio’s early 2012 box office success that he noted has made them No. 1 in market share so far this year with such films as Contraband, Safe House which has grossed over $200 million globally (Denzel Washington’s second biggest hit), American Reunion which Fogelson said will also surpass the $200 million global figure before it’s done as well as The Lorax which he noted is one of only three animated films since July 2010 to clear $200 million domestically – and two of them are from the studio’s partnership with Illumination. Read More »

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Universal Extends Imagine Entertainment Deal Through 2016

Mike Fleming

EXCLUSIVE: In a move that continues the longest standing production deal Universal Pictures has ever had in its 100-year history, the studio has extended its deal with Brian Grazer and Ron Howard through 2016. These mega-producer deals have been getting trimmed all over town, though, and the Imagine deal has shifted from an exclusive to a first-look deal. Going forward, Howard will be able to direct more films elsewhere, and Grazer can produce at other studios. He is now producing the upcoming Academy Awards with Don Mischer. The Imagine extension was just finalized by Universal chairman Adam Fogelson and co-chairman Donna Langley.

The last deal Grazer and Howard made with the studio was set to expire in 2013. Imagine has made around 50 films since the partners first were brought into the Universal in 1986 by Ron Meyer, at the time Grazer’s former agent at CAA and had just transitioned to the top job at Universal. Like every producer-studio relationship, the Universal and Imagine arrangement has been tested in the past few years. The studio said no to The Dark Tower, a feature trilogy and two limited-run TV series adapted from the Stephen King novel series that Howard was to direct, with Javier Bardem starring and Grazer producing with Akiva Goldsman and King. The filmmakers continue to develop the project and expect to make it elsewhere. Universal and Imagine also mutually decided to not go forward with Cartel, a drama that Asger Leth was going to direct. Read More »

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Hammond: ‘Bridesmaids’ A Serious Oscar Contender? Universal Chiefs Say Yes

By PETE HAMMOND | Wednesday December 21, 2011 @ 4:53pm PST
Pete Hammond

If anyone were to have told you back on May 13 when Universal’s raunchy female comedy Bridesmaids opened that we would seriously be discussing its Best Picture Oscar nomination prospects a week before Christmas, the status of their mental health would been called into question. But even though it remains aRead More »

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Universal Pictures Buys Paris Animation Unit For Chris Meledandri’s Illumination

By MIKE FLEMING JR | Monday November 14, 2011 @ 3:15pm PST
Mike Fleming

EXCLUSIVE: After Chris Meledandri’s Illumination Entertainment established itself as a reliable provider of family films for Universal Pictures chairman Adam Fogelson and co-chairman Donna Langley, the studio has expanded its commitment to the division by acquiring the … Read More »

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Universal, Jason Blum And Paul Brooks Make First-Look Distribution Deal For Angle Films

By MIKE FLEMING JR | Tuesday November 1, 2011 @ 11:07am PDT
Mike Fleming

LOS ANGELES, CA, November 1, 2011—Universal Pictures and Angle Films today announced a first-look distribution deal between the two companies. The newly formed Angle Films is jointly owned and operated by Paul Brooks’ Gold Circle Films and Jason Blum’s Blumhouse Productions. Its mandate is to finance and produce genre films with budgets ranging from $15 to $30 million. The distribution pact was announced today by Brooks, Blum and Universal Chairman Adam Fogelson and Co-Chairman Donna Langley.

Both Blumhouse and Gold Circle have separate deals at Universal for their respective core businesses, which will continue at the studio.

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Cross Creek Makes Three-Year Distribution Deal With Universal Pictures

Mike Fleming

BREAKING: Universal Pictures has made a three-year deal to distribute at least six pictures produced and funded by Cross Creek Pictures. The first film in this deal will be Rush, the Ron Howard-directed Formula One drama. Cross Creek, run by president Brian Oliver and CEO Timmy Thompson,  has quickly emerged as a significant film financier. They got started with the Darren Aronofsky-directed Black Swan and continue with the upcoming George Clooney-directed The Ides of March and Daniel Radcliffe-starrer The Woman in Black, which will be distributed by CBS Films.

The deal was announced by Universal Pictures chairman Adam Fogelson and co-chairman Donna Langley, along with Oliver and Thompson.

Cross Creek is partnered with Exclusive Media Group as co-financier and co-producer of Rush, the Howard-directed drama about the battle between ’70s Formula One racers Niki Lauda and James Hunt that stars Thor‘s Chris Hemsworth and Inglourious Basterds‘ Daniel Bruhl. Peter Morgan wrote the script, and Howard and the actors shot some footage during Formula One races held at Nurburgring Race Track in Germany. It was there, in the 70s, that Lauda was almost killed in a fiery accident that is a major part of the drama. The film seems a natural fit for Universal, since Oliver’s fellow producers are Imagine Entertainment’s Brian Grazer and Working Title partners Tim Bevan and Eric Fellner. Both Imagine and Cross Creek have overall deals at the studio.

Aside from pictures that Cross Creek brings into the equation, the company will likely become a financier of existing Universal projects getting close to green lights. The budgets of the films will range from $15 million-$65 million, with the average film costing between $25 million-$35 million. Cross Creek is set up to generate up to four films per year, with Universal to distribute at least two of them with a wide-release commitment. Read More »

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Universal Pictures Re-Ups Donna Langley As Co-Chairman

By MIKE FLEMING JR | Tuesday September 27, 2011 @ 12:25pm PDT
Mike Fleming

BREAKING: Universal Pictures Co-Chairman Donna Langley will continue her term through 2014. The studio extended the option on her deal, a move that was widely expected when Universal Pictures Chairman Adam Fogelson re-upped last week and will continue to have full day-to-day operating responsibility for the Motion Picture Group, reporting to Universal Studios President and Chief Operating Officer Ron Meyer (whose contract was recently re-upped through 2015) and NBCUniversal CEO Steve Burke. That was a signal that the studio’s production team would remain intact after NBCUniversal was acquired by Comcast. Langley will continue to serve as a key strategic business partner overseeing the company’s production department, Focus Features and the studio’s worldwide acquisitions efforts. She reports to Fogelson and has been co-chairman since October 2009. Read More »

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Focus Features Exec Peter Kujawski Takes Acquisitions Exec Veep Post at Universal

By MIKE FLEMING JR | Monday September 26, 2011 @ 12:52pm PDT
Mike Fleming

Universal Pictures co-chairman Donna Langley appointed Peter Kujawski to the post of EVP Worldwide Acquisitions. Kujawski is currently EVP International Sales for the Universal-owned specialty film label Focus Features. The Universal features team got a vote of confidence when chairman Adam Fogelson was given an early re-up, and Langley is also negotiating to extend her term with the studio.

Kujawski is charged with centralizing and streamlining Universal’s acquisitions and to maximize distribution opportunities. He’ll report to Langley and be based in Los Angeles. He isn’t replacing anyone directly, but does pick up some of the slack left when Christian Grass left the studio in July. Kujawski will also work closely with Universal Pictures President of International David Kosse. “Peter’s vast experience selling specialty films gives him a unique perspective on the global marketplace and undeniably qualifies him to lead our acquisitions efforts,” Langley said. Read More »

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Universal Pictures Chairman Adam Fogelson Re-Upped Through 2014

Mike Fleming

BREAKING: NBCUniversal’s new owners at Comcast have given a vote of confidence to the studio’s feature film operation. They’ve exercised an option on Universal Pictures’ Chairman Adam Fogelson and extended his contract through 2014. I’m told that Fogelson is, in turn, in the process of exercising the option of Donna Langley and she will continue as the studio’s co-chairman. They will also keep their executive team intact. Fogelson will continue to have full day-to-day operating responsibility for the Motion Picture Group, reporting to Universal Studios President and Chief Operating Officer Ron Meyer (whose contract was recently re-upped through 2015) and will now also report to NBCUniversal Chief Executive Officer Steve Burke.

While Universal has had its ups and downs, higher-ups are clearly convinced that Fogelson, Langley and their team are making progress. They’ve had recent hits –Bridesmaids, Hop! and Fast Five– but also had some recent misses that include The Dilemma, Change-Up and Cowboys & Aliens. In the latter case, the studio was on the hook for one-third of the film, and shared that third with Relativity Media. It has also been a year in which Fogelson and his team have made some painful decisions and let pricey productions go. That began with the Guillermo Del Toro-directed At the Mountains of Madness, which Universal developed for years and which was ready to go with Tom Cruise, until the studio made a late decision not to go forward because of the possibility the $150M film could carry an R-rating. Universal also dropped two projects that were in advanced  stages of development: The Dark Tower, the Akiva Goldsman-directed adaptation of the Stephen King novel series that was to be made into three feature films and two limited-run TV series, with the first film and TV segment directed by Ron Howard and produced by Brian Grazer and Goldsman; and Oiuja, the Hasbro board game that had McG directing and Michael Bay and his Platinum Dunes partners producing with Hasbro. The moves were surprising because Howard and Grazer are cornerstone filmmakers for Universal; and Del Toro and Hasbro have overall deals there. Ouija is one of several Hasbro properties the studio dropped, the others being the Gore Verbinski-directed Clue, the Ridley Scott-directed Monopoly and Magic, The Gathering. These were part of a groundbreaking deal the studio made with the toymaker several years ago, but the studio and Hasbro have re-focused their attention solely on Battleship, Stretch Armstrong, and Candy Land. Read More »

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Universal Makes First-Look Deal With Jason Blum Of ‘Paranormal Activity’ And ‘Insidious’

Mike Fleming

EXCLUSIVE: Jason Blum will bring the studio into the low-budget but often high-gross world of genre films. Universal Pictures has made a 3-year first-look deal with Blum and his Blumhouse Productions which produced the Paranormal Activity franchise, and followed that up with Insidious, the James Wan-directed thriller that has already become one of the most profitable films of 2011. A sequel seems inevitable.

The original Paranormal Activity cost about $15,000 and grossed $193 million. The first sequel cost $3 million and grossed $177 million worldwide and the third film debuts Oct. 21. Insidious cost $1.5 million and grossed $81 million worldwide and is still rolling out. This guy is minting money. He’s producing the latest installment of the fright franchise Amityville Horror: The Lost Tapes for Dimension Films, produced the Barry Levinson-directed eco-horror film The Bay, The River for ABC and the Jay Chandresakar-directed comedy Baby Makers. He is producing the Oren Peli-directed Area 51 for Paramount Pictures, as well as The Lords of Salem, with Rob Zombie directing. Blum’s also an exec producer on the John Hillcoat-directed The Wettest County in the World. This amounts to an aggressive move into the low-budget area for Universal, which, if anything, is known for spending generously on its slates. Read More »

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Adam Fogelson Grants Box Office Reprieve

As I revealed last weekend, I was so convinced that R-rated comedy Bridesmaids featuring women burping and farting for our female amusement wouldn’t make over $13M, even $15M tops, that I promised Universal Pictures chairman Adam Fogelson that I would leave Hollywood box office reporting forever if his pic opened … Read More »

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Universal Shakeup: President Of Production Debbie Liebling Exited; Replaced By Peter Cramer & Jeffrey Kirschenbaum

EXCLUSIVE: I’ve just learned that Universal Chairman Adam Fogelson and Co-Chairman Donna Langley have restructured the studio’s production team. Veterans Peter Cramer and Jeffrey Kirschenbaum will be upped to co-Presidents of Production, replacing the current President of Production Debbie Liebling … Read More »

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Universal Sets Film Slate Release Dates

Mike Fleming

Universal has locked in release dates for some of its most ambitious films hatched by the team of Adam Fogelson and Donna Langley. Add these to previously set releases that include The Fast and The Furious sequel Fast Five (June … Read More »

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‘Little Fockers’ Needs A Week Of Pickups

EXCLUSIVE: Watching the sausage being made when it comes to major studio laughers isn’t pretty. So here’s a very typical example. Ever since shooting began on the threequel in the lucrative franchise, Universal has been trying to figure out how to improve its Little Fockers. At one point, replacing director Paul Weitz with producer-writer John Hamburg was contemplated early on and then rejected after Hamburg visited the set one weekend. That’s because everyone realized what a DGA mess this would result in. Plus, Adam Fogelson had just taken over as chairman and didn’t want to throw the already traumatized studio into a worse funk. So the decision was made to fix the movie in post. For about 4 to 5 weeks now, Weitz, Hamburg, Jay Roach, and Ben Stiller have been going through the footage. The good news is that they just decided that re-shoots aren’t needed. The not-so-good news is that they think a week of pickups with all the principal cast in September is required. Read More »

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Chris Meledandri’s Illumination Game Plan Includes ‘Despicable Me’ Sequel, ‘Minion’ Spinoffs, Dr. Seuss, The Addams Family

Mike Fleming

Film Review Despicable MeEXCLUSIVE: Three years ago, Universal Pictures brass wooed Chris Meledandri away from his president post at Fox Animation to start its first family film unit. Over the weekend, Illumination’s first effort, Despicable Me, nearly doubled … Read More »

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