EXCLUSIVE: Deadline has just learned that Amy Israel is out as EVP of production at New Regency even though she was known to have excellent taste in material. Israel joined New Regency in 2008 after heading up Paramount Vantage production and acquisitions. She’ll now serve as an executive producer on the company’s Now, director Andrew Niccol’s scifi film (aka I’m Mortal) starring Justin Timberlake, Olivia Wilde, Amanda Seyfried, Cillian Murphy, and Johnny Galecki. She’s produced before and wanted to get back to her filmmaking roots.