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Amy Pascal - New First look Deal with Universal
Posted by Labels: Amy Pascal, Sony Picture Entertainment, Spider-Man, Universal Studios |
| Steve Grantz - Getty Images |
When Amy Pascal stepped down as Chairperson of Sony Pictures Entertainment she set up a film Studio, Pascal Pictures, and signed a four year agreement that gave SPE first look rights to her films. As that contract expired Pascal Pictures signed a new contract with rival Universal Studios.
Amy Pascal and Pascal Pictures are not completely leaving the SPE fold as they will continue to produce and make Marvel Films and TV shows.
As stated by Tom Rothman, Chairperson SPE, “Everyone at Sony Pictures, myself first among us, loves Amy. We are profoundly grateful for all her immeasurable contributions, both current and past, to our success. And the great news for us is that our partnership will continue for many years to come with her ongoing work on Spider-Man and other key titles. We are very happy for her.”
For the moment I do not believe this will have any affect on the situation involving the Spider-Man IP rights that are currently controlled by Sony Pictures Entertainment. However it MAY BE a precursor to the power struggle between an Activist Investor and Sony Corporation on the fate of Sony Entertainment, which includes SPE.
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