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Evolution’s Mark Burg Cashes Out Oren Koules, Names Mike Menchel President

By | Thursday June 23, 2011 @ 8:51am PDT
Mike Fleming

EXCLUSIVE: Evolution Entertainment partners Mark Burg and Oren Koules are splitting after 12 years. Burg has purchased the 50% of the management/production company owned by Koules. Burg has reconstituted the company and named former CAA agent-turned-producer Michael Menchel its new president.

This brings to an end a partnership that achieved the dream of every boutique management/production company. When these guys got through Evolution’s Gregg Hoffman the script for Saw from Leigh Whannell and James Wan, they put themselves at risk personally to come up with the money to buy it and to cover the $1.2 million budget themselves. They made a licensing deal with Lionsgate but were left owning a film that grossed $103 million worldwide. They continued in that fashion on six sequels, most of which were low budget, with the last costing around $20 million. The cumulative worldwide gross of the series reached $870 million, and Burg and Koules made a fortune. Some of it they parlayed into other fright films under their Twisted Pictures banner, with many of the films directed and populated by clients of the management company. Their client stable includes Charlie Sheen. Read More »

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Comic-Con #9: The ‘Saw 3D’ Panel

Luke Y Thompson is covering the Con for Deadline:

Lionsgate had their SAW VII event off-site –a cocktail party where drinks were named after the killer Jigsaw and the returning Dr. Gordon (Cary Elwes), and then footage in 3D was screened across the street. Producers Mark Burg and Oren Koules are introduced, alongside director Kevin Greutert and star Tobin Bell. They announce that this will be the final film in the series. (Really? Because I thought Part 3 was supposed to be. Guess that means if this does well, the next one will be a reboot/remake). And here’s the Editor In Chief of the Guinness Book of Records, back again, to present SAW with a plaque for “most successful horror franchise of all time”. He notes that SAW III holds the record for highest grossing Halloween-timed movie also. Read More »

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