Warner Bros will make the official announcement that Toby Emmerich is New Line Cinema’s president/COO by the end of this week. But in Hollywood, people are scratching their heads. Because wasn’t Toby one of the main reasons New Line went bad? I hear Alan Horn wanted him to stay for continuity. Lots of rumors are flying, including this: that it would have been expensive to buy Emmerich out of his contract. Warner Bros insiders say his contract would have been up at the end of 2008 so how expensive could it be? Someone I respect just emailed me that Toby has been a “very positive force at what otherwise might be described as a dysfunctional company. He has great relationships, has the ‘corporate memory’, is the perfect guy to shepherd sequels to the crown jewels (Austin Powers, Rush Hour, Wedding Crashers, Hobbit, etc.), and is an all around great guy. You can’t blame him for projects initiated and/or decisions made by his bosses.” Why, of course I can.
I still say: get rid of him.
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