Monday, September 9, 2013

UNIVERSAL CHAIRMAN ADAM FOLGELSON IS OUT - SHELL IN


Source: Variety - Jeff Shell




Variety is reporting that brief-tenured Universal Pictures chairman Adam Fogelson has been "forced out" and replaced by NBC International president Jeff Shell.

Fogelson had been Universal's chairman since 2009. Variety writes that although Universal has had box office successes under his chairmanship, there have been "huge failures" as well (Battleship, R.I.P.D) which have lost millions.

"Comcast sent Shell to London to spur expansion of its international networks and production operations. Industry insiders say he has expressed a desire to return to L.A. Los Angeles."

Will be interesting to see how Shell proceeds with developing future projects. 

Read more at Variety


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