Ron Meyer Continues At Universal Thru 2015

I don’t know if there’ll be a formal announcement of this, but Ron Meyer has signed a new contract to continue as President and Chief Operating Officer of Universal Studios. He will remain with the company at least 4 1/2 more years through 2015 and he will continue to report to Steve Burke, chief of NBCUniversal. And so concludes the recent saga of whether Meyer would stay atop the studio after the recent sale to Comcast. First came the inaccurate reports last November that the 66-year-old Meyer was about to get fired by the new owners. Then came more inaccurate reports in May that Meyer was in negotiations to get hired again. Actually, the longest-serving Hollywood mogul began bargaining shortly after that since the perks alone made the job worth the headaches, and Comcast wanted him to stick around.

Meyer’s current contract continues through December 2012 and he’s been running Universal Studios for 16 years in charge of motion pictures, parks and resorts, and studio operations. Since he arrived in 1995, he’s made it through four changes of ownership (Seagram’s, Vivendi, General Electric, and now Comcast) and nine different bosses (Edgar Bronfman Jr, Frank Biondi, Jean-Marie Messier, Pierre Lescure, Barry Diller, Jean-Rene Fourtou, Bob Wright, Jeff Zucker, and now Steve Burke). And each and every time, Hollywood collectively would turn to him with the same worried expression and say, “How are you?” And each and every time, Meyer would reply, “I’m still here.” Once, entertainment super-lawyer Bruce Ramer asked Ron to speak to an industry luncheon: of course, on the topic of surviving. It’s not only a miracle — a word Meyer himself uses from time to time — it’s certainly a footnote in the history books of showbiz. “Fear of failure has taken me a long way,” Meyer once told me on the record. (more…)

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