Universal Pictures chairmen Marc Shmuger, David Linde ousted from studio #film
After a prolonged box-office slump, too many high-cost movies and executive turmoil, Universal Pictures chairmen Marc Shmuger and David Linde have been ousted as the studio's top movie lieutenants.
Rather than recruit an outsider for the top movie job, Universal Studios President Ron Meyer has promoted two insiders to succeed the duo. The studio's marketing chief, Adam Fogelson, has been named chairman, and production president Donna Langley as co-chairman, reporting to Fogelson.
Meyer is banking on the pair to reverse the studio's box-office slump and end the infighting that's disrupted the studio's executive suites for several months.
More at: http://www.latimes.com/
