Jerry Bruckheimer moves from Disney to Paramount with new deal
Paramount Pictures and Jerry Bruckheimer are partners again as Bruckheimer Films is finalizing a three-year first-look deal with the studio that will begin in April 2014.
“I have a lot more freedom than at Disney,” Bruckheimer told Deadline in a Dec. 6 article.
Disney had announced in the fall, after the failure of The Lone Ranger, that they would not be renewing their “first look” deal with the big name producer.
Bruckheimer also mentioned “Paramount’s strong marketing and distribution team and said he was impressed with how well they handled the Brad Pitt zombie movie World War Z when the going got rough in the press.”
Deadline details that “decision came as the studio said it would have to write down as much as $190 million from losses tied to The Lone Ranger, the big-budget pic from Bruckheimer that failed to pop at the box office. Bruckheimer’s films have earned a combined $16 billion over the years, with 19 of his movies topping $100 million mark in U.S. box office receipts. His deal with Disney was about the most expensive in the business, with generous overhead, 7-figure producing fees and gross.”
His first deal will be a revival of the Beverly Hills Cop franchise with director Brett Ratner helming the project and Eddie Murphy signed on to return as Axel Foley.
“Jerry Bruckheimer is one of the most creative and prolific producers in motion picture history,” said Paramount Pictures chairman and CEO Brad Grey in a prepared statement. “His signature style has attracted huge global audiences and we are thrilled to have him back in the Paramount family.” Bruckheimer and Simpson had parted ways with Paramount after producing 1990′s Days Of Thunder.
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