Paramount and Universal Pictures won’t renew major producer deals
By Behind The Scenes TV on Dec 10, 2008 in Film Business, Hollywood, Producers
Studio cost-cutting is affecting the producer ranks.
In its ongoing effort to trim overhead, Paramount has declined to renew a number of production deals. Included in the group are Kevin Misher and his Misher Films banner, Stacey Sher and Michael Shamberg and their Double Feature Films and Scott Aversano.
And Universal isn’t renewing its production deal with the producing team of Kathleen Kennedy and Frank Marshall. The Kennedy/Marshall Co. has had a long association with the studio, where it has been involved in such movies as “Seabiscuit” and the Bourne trilogy.
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