From Deadline|London editor Tim Adler: David Linde is sequeing into his new gig after exiting as co-chairman of Universal Pictures. (The international expert was collateral damage when Marc Shmuger got axed.) Linde is starting his own global indie film company called Lava Bear that will adopt the Summit/Overture model of having U.S. distribution in place, and then selling off overseas territories. Universal will put up some of the money for 2 to 4 movies a year from Lava Bear. Press reports say Linde has been meeting in Berlin and elsewhere in Europe about his company.
Subscribe to Deadline Breaking News Alerts and keep your inbox happy.