The president and v-p of Robert Redford's Wildwood production company, Andy Meyer and Sarah Black, respectively, have defected to Norman Lear's Act III Communications, according to our sources.
Meyer quietly moved his office to Act III before taking an extended Christmas vacation. Black will join him in early January, when a formal announcement is planned. But the switch has been in the works at least since last September, when Meyer and Black first informed Redford, who was said to be unhappy with the news (to say the least).
The move suggests that Act III plans an increase in production, up from the two films ("Stand by Me" and "The Princess Bride") that it made in its first two years.
In two years at Wildwood, Meyer and Black saw one movie that they brought to Redford, "The Promised Land," developed to fruition, and worked on "The Milagro Beanfield War," a pet Redford project now in final editing.