ENTERTAINMENT
August 23, 2004 | R. Kinsey Lowe, Times Staff Writer
The rewritten, recast and re-shot version of "Exorcist: The Beginning" managed to land in first place over the weekend. But the estimated $18.2 million that the film brought in was less than half the $40-million opening that James Robinson, whose company produced the movie, said he would need to "get out with my money."
BUSINESS
November 22, 2003 | James Bates
Morgan Creek Productions said it had been awarded nearly $2 million by a Los Angeles Superior Court jury in a legal dispute with producer Elie Samaha's Franchise Pictures. The award included nearly $1 million associated with a larger loan Morgan Creek made to Franchise that it argued should be repaid with film revenues. Franchise's chief financial officer, Hans Turner, said Franchise used reasonable accounting measures and is considering an appeal pending a final judgment. * -- James Bates
BUSINESS
October 3, 2003 | Richard Verrier
Universal Pictures and Morgan Creek Productions have entered into an exclusive, three-year distribution arrangement, the companies announced. Under the deal, Universal will distribute domestically all films produced and financed by Morgan Creek. Since 1990, Morgan Creek has distributed its films through Warner Bros. "We're very pleased to be in business with Morgan Creek," Universal Pictures Chairwoman Stacey Snider said.
BUSINESS
October 14, 1998 | MARLA MATZER, SPECIAL TO THE TIMES
Alex Ben Block, editor of the Hollywood Reporter for nearly seven years, is leaving to take the newly created position of president of marketing for Morgan Creek Productions. Morgan Creek is based on the Warner Bros. lot, and has produced such films as the "Ace Ventura" and "Major League" movies. Block has been the longest-standing day-to-day editor in the history of the 68-year-old entertainment trade publication. Block joined the Reporter in 1990 as editor of special issues.
BUSINESS
June 19, 1997
Former studio chief Guy McElwaine and business partner Terry Hayes have entered into a producers agreement with Morgan Creek Productions. Morgan Creek will co-produce, finance and distribute the films for McElwaine/Hayes Co. Morgan Creek distributes films through Warner Bros. McElwaine is the former chief executive of Columbia Pictures and a former vice chairman of International Creative Management. Hayes is currently writing "Fahrenheit 451" for star Mel Gibson and Warner Bros.
BUSINESS
July 1, 1996 | MARTHA GROVES and CLAUDIA ELLER, TIMES STAFF WRITERS
Narrowing slightly the field of bidders for the venerable Metro-Goldwyn-Mayer studio, producer James G. Robinson's Morgan Creek plans to team up with Peter Ackerman, a former Michael Milken associate who now heads his own investment firm, according to a source familiar with the arrangement. Such a union would strengthen their hand in an auction that has drawn bids estimated up to $1.3 billion. However, they would still face formidable competition from Rupert Murdoch's News Corp.