|Page (1) of 1 - 06/27/11||email article||print page|
LOS ANGELES (Hollywood Reporter) - Ron Meyer has signed a new contract that will see him remain atop Universal Studios as president and chief operating officer through at least 2015.
He will continue to report to NBC Universal chief executive officer Steve Burke.
Meyer, who has headed Universal since 1995, had been working under a contract that was due to expire in 2012. The contract extension amounts to a vote of confidence from Universal's new owner Comcast, which took over NBC Universal in January.
Meyer, one of the founders of Creative Artists Agency, has charted Universal's course under a string of successive owners that have included Seagram, Vivendi and General Electric. In his post, he oversees Universal Pictures, studio operations and Universal's theme parks.
While the movie studio suffered through a long dry spell at the box office, its fortunes have recently revived with back-to-back hits in "Fast Five," which has grossed nearly $600 million worldwide, and "Bridesmaids," which has collected $168 million worldwide.
Its upcoming schedule includes "Larry Crowne," the Julia Roberts-Tom Hanks romantic comedy opening July 1, the sci-fi Western "Cowboys & Aliens," and "Battleship," set for May 2012.
(c) Copyright Thomson Reuters 2011. Check for restrictions at: http://about.reuters.com/fulllegal.asp