Universal Extends Imagine Entertainment Deal Through 2016

EXCLUSIVE: In a move that continues the longest standing production deal Universal Pictures has ever had in its 100-year history, the studio has extended its deal with Brian Grazer and Ron Howard through 2016. These mega-producer deals have been getting trimmed all over town, though, and the Imagine deal has shifted from an exclusive to a first-look deal. Going forward, Howard will be able to direct more films elsewhere, and Grazer can produce at other studios. He is now producing the upcoming Academy Awards with Don Mischer. The Imagine extension was just finalized by Universal chairman Adam Fogelson and co-chairman Donna Langley.

The last deal Grazer and Howard made with the studio was set to expire in 2013. Imagine has made around 50 films since the partners first were brought into the Universal in 1986 by Ron Meyer, at the time Grazer’s former agent at CAA and had just transitioned to the top job at Universal. Like every producer-studio relationship, the Universal and Imagine arrangement has been tested in the past few years. The studio said no to The Dark Tower, a feature trilogy and two limited-run TV series adapted from the Stephen King novel series that Howard was to direct, with Javier Bardem starring and Grazer producing with Akiva Goldsman and King. The filmmakers continue to develop the project and expect to make it elsewhere. Universal and Imagine also mutually decided to not go forward with Cartel, a drama that Asger Leth was going to direct. (more…)

This article was printed from https://deadline.com/2012/01/universal-extends-imagine-entertainment-deal-through-2016-212811/