You are viewing the archive: “Arnon Milchan”

New Regency CFO Out After Barely Three Months On The Job

By DOMINIC PATTEN | Friday June 22, 2012 @ 7:15pm PDTTags: Arnon Milchan, New Regency

After just over three months as CFO and 13 years with the company, Bob Corzo is leaving New Regency. Today’s surprise move sees Mimi Tseng hired as the company’s new CFO. That makes the former Summit Entertainment’s EVP, Finance & Operations the third or fourth person to hold the CFO job in as many months depending how you look at it. Corzo was quietly moved into the CFO job soon after long time COO/CFO Louis Santor resigned on March 12 after 20 years with the company. At the time Jonathan Fisher was named as Santor’s successor. It seems the former Groundswell Productions president became COO but never actually CFO.

Insiders say that when Santor left, Corzo said he had been promised the CFO job. President/CEO Brad Weston and company chairman Arnon Milchan relented and, without ever correcting the Fisher announcement, handed the then VP and Controller the CFO gig. Though obviously not for long. Corzo, who the company says is transitioning out over the next few months, is just one of many to leave New Regency in the past year. So with all those revolving doors, the question is who’s coming or going next over there and is the clock already ticking for Tseng?

Besides Corzo and Santor, company chairman Bob Harper and Hutch Parker exited in late 2011 as Milchan, who owns 80% of the film and financing company, took direct control again and installed himself as Chairman. Milchan, who’s known to send out a mean-spirited email or two to staff, brought former Paramount production president Weston in as CEO in the fall of last year. Alexandra Milchan rejoined her father’s company as EVP Production in mid-September last year. Former Fox 2000 EVP Carla Hacken became New Regency’s production president in late November last year. Andrew Plotkin was named EVP Television earlier this month as the company relaunched their TV division.

Comments (8)

New Regency COO/CFO Louis Santor Leaving After 20 Years

By MIKE FLEMING JR | Monday March 12, 2012 @ 11:26am PDTTags: Arnon Milchan, New Regency
Mike Fleming

LOS ANGELES, CA (March 12, 2012) – New Regency COO/CFO Louis Santor is exiting his post this July, it was announced today by company president and CEO, Brad Weston. Over the past month, the seasoned executive has worked with company chairman Arnon Milchan and Weston to help select his successor, Jonathan Fischer, who has been appointed to the post of chief financial officer. Santor will be staying on for a transitional period through the summer, as a consultant working alongside Fischer.

Santor, a 20-year veteran of the company, is moving on to pursue a number of opportunities and new challenges which have presented themselves over the past several months. He has been instrumental in the company’s past successes, including most recently securing the renewal of the bank line of credit. Long-time deputy CFO, Robert Corzo, will be staying on in an increased capacity.

Fischer most recently served as president of Groundswell Productions, a position he held for two years. His New Regency appointment is effective immediately and he will report to Weston.

Read More »

Comments (5)

Arnon Milchan Having Wine With His Whine?

By NIKKI FINKE, Editor in Chief | Monday February 13, 2012 @ 10:03am PSTTags: Arnon Milchan, Hollywood moguls, New Regency

This mean-mail from Arnon Milchan to his New Regency staff was all over the Twentieth Century Fox lot 2 weeks ago. (I received it, thought it was ridiculous, and can’t believe others are touting it – so here it is…) Fox film … Read More »

Comments 34

John Lee Hancock To Direct John Grisham’s ‘The Partner’ For New Regency

By MIKE FLEMING JR | Friday January 27, 2012 @ 2:31pm PSTTags: Arnon Milchan, John Grisham, John Lee Hancock
Mike Fleming

EXCLUSIVE: The Blind Side director John Lee Hancock has been set to write and direct The Partner, based on the John Grisham bestseller. The project is set up at New Regency, whose principal, Arnon Milchan, previously adapted the Grisham novels … Read More »

Comments (8)

New Regency Signs Len Wiseman’s Sketch Films To First-Look Producing Pact

By MIKE FLEMING JR | Thursday December 1, 2011 @ 5:03pm PSTTags: Arnon Milchan, Brad Weston, Colin Farrell, Len Wiseman, New Regency
Mike Fleming

EXCLUSIVE: New Regency has signed a two-year first look producing deal with Len Wiseman and David Bernardi’s Sketch Films. The deal was made by New Regency CEO Brad Weston, whose mandate under Arnon Milchan is to turn New Regency into … Read More »

Comments (2)

Fox 2000 EVP Carla Hacken Becomes New Regency Production President

By MIKE FLEMING JR | Friday November 18, 2011 @ 12:15pm PSTTags: Alejandro Gonzalez Inarritu, Alexandra Milchan, Arnon Milchan, Bob Harper, Brad Pitt, Brad Weston, Darren Aronofsky, Elizabeth Gabler, Hutch Parker, James Gray, Jim Gianopulos, Laura Ziskin, Leonardo DiCaprio, Mark Wahlberg, New Regency, Rodney Ferrell, Russell Crowe, Sanford Panitch, Sean Penn, Tom Rothman
Mike Fleming

EXCLUSIVE: Longtime Fox 2000 EVP Carla Hacken is leaving the studio to become president of production for New Regency. It is the latest move in a restructuring of the company since Arnon Milchan reemerged as an active chairman and installed … Read More »

Comments 42

New Regency Lands ‘Fraggle Rock’ Feature Rights Auction

By MIKE FLEMING JR | Friday October 28, 2011 @ 4:51pm PDTTags: Arnon Milchan, Brad Weston, Montecito Picture Company, New Regency
Mike Fleming

EXCLUSIVE: New Regency today acquired rights to turn the Jim Henson series Fraggle Rock into a feature film. The property was shopped and caught the interest of studios, before New Regency made the deal for a film that will be … Read More »

Comments (13)

New Regency Joins Mark Wahlberg-Russell Crowe Drama ‘Broken City,’ Fox To Distribute

By MIKE FLEMING JR | Friday October 7, 2011 @ 7:19pm PDTTags: Allen Hughes, Arnon Milchan, Brad Weston, George Furla, Mark Wahlberg, New Regency, Randall Emmett, Russell Crowe
Mike Fleming

EXCLUSIVE: In one of its first moves since Brad Weston was named CEO and Arnon Milchan reinserted himself as the active head of the company, New Regency has come aboard the producing roster of Broken City, the Allen Hughes-directed drama … Read More »

Comments 21

Alexandra Milchan Rejoins New Regency As Executive Vice President

By MIKE FLEMING JR | Friday September 16, 2011 @ 5:19pm PDTTags: Alexandra Milchan, Arnon Milchan, Brad Weston, Michael Mann, New Regency
Mike Fleming

After Arnon Milchan reconstituted New Regency with a new $500 million credit line and plans to reemerge at the helm with former Paramount production president Brad Weston as CEO, Alexandra Milchan has returned to the company as executive vice … Read More »

Comments 21

Former Paramount Production President Brad Weston In Talks For New Regency CEO

By MIKE FLEMING JR | Thursday September 1, 2011 @ 8:06am PDTTags: Andrew Rona, Arnon Milchan, Bob Harper, Brad Weston, Hutch Parker, New Regency, Rupert Murdoch, Sanford Panitch
Mike Fleming

EXCLUSIVE: Hours after Deadline revealed the impending exit of New Regency chairmen Bob Harper and Hutch Parker, I’m told that former Paramount Pictures production president Brad Weston is in deep negotiations to run the production/financing company as president/CEO. That … Read More »

Comments 24

Shocker! New Regency Co-Chairmen Bob Harper And Hutch Parker To Exit

By MIKE FLEMING JR | Wednesday August 31, 2011 @ 8:45pm PDTTags: Andrew Niccol, Anna Faris, Arnon Milchan, Bob Harper, Brad Pitt, Chris Evans, Darren Aronofsky, David Ellison, Doug Liman, Emile Hirsch, Hutch Parker, James Gray, Jim Gianopulos, Max Minghella, New Regency, Tom Rothman
Mike Fleming

EXCLUSIVE: A major shake up is taking place at Arnon Milchan’s New Regency. Co-chairmen Bob Harper and Hutch Parker will not renew their contracts when they expire in December. I’ve confirmed with Harper that he and Parker are negotiating their exits. There had recently been a ripple of rumors about this, and there will be the inevitable speculation over whether the duo are jumping before being pushed. Harper didn’t get into that, but said that he was confirming because he and Parker were aware of the rumors and were most concerned with reassuring filmmakers with Regency projects that the duo would continue to be closely involved and see those films through to release. Harper also said the decision came after months of conversations with Milchan over whether or not to renew. Recently, they came to the conclusion that this was the best course. Milchan could conceivably name a replacement quickly, but Harper told me that he and Parker will continue to see through the completed films as well as some of the projects that are gearing up for production starts, regardless of how quickly the succession takes place.

Harper had been in the job for four years (he moved from the post of vice chairman of Fox Filmed Entertainment and has worked for Fox since 1986), and Parker had been in the post for more than three years (he moved over from the post of 20th Century Fox vice chairman, and had been with the studio 13 years when he took the job). They have been involved in every facet of New Regency films, including production, marketing, distribution and administering the library. Harper said it is unclear what will happen next year, and that he and Harper haven’t solidified their plans. I wouldn’t be surprised if they remain on the Fox lot as producers or in some other capacity. Read More »

Comments (13)