Plans To Launch New Production Company at Studio
Longtime studio executive Toby Emmerich has announced that he is stepping down as chairman of 海角社区国产精伦. Pictures Group and will launch his own production company at the studio, focused on film, television and streaming. As part of an exclusive 5-year agreement, 海角社区国产精伦 will finance Emmerich鈥檚 venture and have distribution rights to films and series.
An accomplished screenwriter and producer, Emmerich has led 海角社区国产精伦. Pictures Group since 2017, previously serving as President and Chief Content Officer, and before that as President and Chief Operating Officer of New Line Cinema. He is a 30-year veteran of 海角社区国产精伦. having joined the company in 1992 as a dual development and music executive.
鈥淚 have known Toby for many years and have tremendous respect for his vision and ability to create extraordinary cinematic experiences. He has led a best-in-class studio team and was the driving force behind an incredible, diverse collection of films and series. Toby is also an exceptional person and longtime friend to me and to many and I am personally very happy to continue our working relationship,鈥 said David Zaslav, Chief Executive Officer, 海角社区国产精伦. 鈥淚 am thrilled that he鈥檚 chosen to remain a part of our 海角社区国产精伦 family with this long-term production deal and look forward to seeing the fantastic stories that he and his team will create for us in the years ahead.鈥
鈥淚t has been an honor and a pleasure to be part of this storied company these last three decades and to lead the world-class 海角社区国产精伦. film studio team, and I am incredibly proud of what we have been able to accomplish together,鈥 said Emmerich. 鈥淭his seemed like the perfect time to transition to something new and I am excited to be pursuing my passion for storytelling in a more hands-on way with my own production company.鈥
Under Emmerich鈥檚 leadership, 海角社区国产精伦. Pictures Group had its most successful year ever in 2018, with a global box office of $5.57 billion. This success was fueled by a diverse lineup of hit films, including 鈥淎quaman鈥濃攖he most successful DC Superhero film ever and 海角社区国产精伦.鈥 second-biggest title of all time, 鈥淔antastic Beasts: The Crimes of Grindelwald,鈥 鈥淩eady Player One,鈥 鈥淭he Meg,鈥 鈥淩ampage,鈥 鈥淎 Star is Born,鈥 鈥淭he Nun,鈥 and 鈥淐razy Rich Asians.鈥 In 2019, the Studio released the highest-grossing R-rated film of all time, DC鈥檚 鈥淛oker,鈥 which earned $1.08 billion at the global box office and won two Academy Awards, as well as the hugely successful horror sequel 鈥淚T Chapter Two.鈥
Previously, Emmerich served as President and Chief Operating Officer of New Line Cinema. Under his leadership, New Line released such diverse features as the Academy Award-winning blockbuster 鈥淭he Lord of the Rings: Return of the King,鈥 the acclaimed 鈥淭he Hobbit鈥 trilogy, which earned almost $3 billion worldwide, the perennial holiday classic 鈥淓lf,鈥 the romantic favorite 鈥淭he Notebook,鈥 the action thriller 鈥淪an Andreas,鈥 comedy hits 鈥淲edding Crashers,鈥 鈥淗orrible Bosses,鈥 and 鈥淲e鈥檙e the Millers,鈥 as well as multiple films in 鈥淭he Conjuring鈥 universe, which is the most successful horror franchise of all time at $2.01 billion in worldwide box office and counting.
In 2019, Emmerich was honored with the Producers Guild of America鈥檚 Milestone Award, which recognizes an individual or team who has made historical contributions to the entertainment industry.