Kevin Tsujihara has resigned his post as chairman-ceo of Warner Bros. following an investigation into his relationship with actress Charlotte Kirk and allegations he used his clout to help her find work at the studio.
In a statement, Tsujihara said he realized “my continued leadership could be a distraction and an obstacle to the company’s continued success.” Warner Bros. parent WarnerMedia said the company would unveil an interim leadership team on Tuesday.
“It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to step down as Chairman and CEO of Warner Bros.,” said WarnerMedia CEO John Stankey. “Kevin has contributed greatly to the studio’s success over the past 25 years and for that we thank him. Kevin acknowledges that his mistakes are inconsistent with the company’s leadership expectations and could impact the Company’s ability to execute going forward.”
WarnerMedia said...
In a statement, Tsujihara said he realized “my continued leadership could be a distraction and an obstacle to the company’s continued success.” Warner Bros. parent WarnerMedia said the company would unveil an interim leadership team on Tuesday.
“It is in the best interest of WarnerMedia, Warner Bros., our employees and our partners for Kevin to step down as Chairman and CEO of Warner Bros.,” said WarnerMedia CEO John Stankey. “Kevin has contributed greatly to the studio’s success over the past 25 years and for that we thank him. Kevin acknowledges that his mistakes are inconsistent with the company’s leadership expectations and could impact the Company’s ability to execute going forward.”
WarnerMedia said...
- 3/18/2019
- by Cynthia Littleton
- Variety Film + TV
Talk about getting into the Christmas spirit! Kim Kardashian got into the swing of the holidays when she and mom Kris Jenner attended famed songwriter Carole Bayer Sager and husband Bob Daly's Christmas party last night. The star-studded bash featured impromptu carols by Hugh Jackman, Keith Urban, the Eagles' Joe Walsh and a trio performance by Kenneth "Babyface" Edmonds, Katharine McPhee and main man David Foster, all of which was caught by the Keeping Up With the Kardashians star on her Instagram Stories. David and Kat (and Babyface) did a rousing rendition of "White Christmas" and the the couple paired off to do Kelly Clarkson's "My Grown Up Christmas List." David...
- 12/18/2017
- E! Online
[[tmz:video id="0_qf16ck1e"]] David Foster and girlfriend Katharine McPhee seem to know that the couple that plays together one-horse open sleighs together ... hey, it's that time of the year. Dave and Kat were just two of many celebs that attended singer-songwriter Carole Bayer Sager and her hubby Bob Daly's holiday party Saturday night ... but it appears they were also among the few that actually performed onstage. Kim Kardashian caught the magic on camera, showing D&K doing...
- 12/17/2017
- by TMZ Staff
- TMZ
Katharine McPhee and David Foster are getting into the Christmas spirit!
On Saturday, McPhee, 33, and Foster, 68 — who were spotted locking lips in November but have yet to officially confirm their romance — shared the stage at Academy Award-winning singer-songwriter Carole Bayer Sager and her husband Bob Daly’s holiday party.
Kim Kardashian West — who documented the party on her Instagram story — shared a video of the musicians performing “White Christmas” alongside producer and singer Kenneth “Babyface” Edmonds.
The Keeping Up With the Kardashians star also shared a video from McPhee and Foster’s rendition of “Grown Up Christmas List,” in which...
On Saturday, McPhee, 33, and Foster, 68 — who were spotted locking lips in November but have yet to officially confirm their romance — shared the stage at Academy Award-winning singer-songwriter Carole Bayer Sager and her husband Bob Daly’s holiday party.
Kim Kardashian West — who documented the party on her Instagram story — shared a video of the musicians performing “White Christmas” alongside producer and singer Kenneth “Babyface” Edmonds.
The Keeping Up With the Kardashians star also shared a video from McPhee and Foster’s rendition of “Grown Up Christmas List,” in which...
- 12/17/2017
- by Maria Pasquini
- PEOPLE.com
The Farrah Fawcett Foundation (Fff) held its highly-anticipated fundraising event, Tex-Mex Fiesta, on Saturday, September 9, at the Wallis Annenberg Center for the Performing Arts in Beverly Hills.
Alana Stewart, Dr Piro and Shannen Doherty
Tex-Mex Fiesta was first held in 2015, and has raised close to $1 million to date, with proceeds benefitting Stand Up To Cancer (SU2C). Award-winning restaurant El Cholo catered the fiesta-style event, a theme inspired by the late Farrah Fawcett and her home state of Texas. Proceeds from this year’s Tex-Mex Fiesta once again benefited Stand Up To Cancer.
Among the attendees were Shannen Doherty, Heather Locklear, Chantelle Albers, Hart Bochner, Dyan Cannon, Barbara Davis, Richard Donner and Lauren Shuler Donner, Kate Flannery, George Hamilton, Mary Hart, Nigel Lythgoe, Jessica Morris, Ryan O’Neal, Stefanie Powers, Joe Roth and Irene Roth, Carole Bayer Sager and Bob Daly, Kimberly Stewart, Sean Stewart, Cheryl Tiegs, Ann Turkel, Fred Willard,...
Alana Stewart, Dr Piro and Shannen Doherty
Tex-Mex Fiesta was first held in 2015, and has raised close to $1 million to date, with proceeds benefitting Stand Up To Cancer (SU2C). Award-winning restaurant El Cholo catered the fiesta-style event, a theme inspired by the late Farrah Fawcett and her home state of Texas. Proceeds from this year’s Tex-Mex Fiesta once again benefited Stand Up To Cancer.
Among the attendees were Shannen Doherty, Heather Locklear, Chantelle Albers, Hart Bochner, Dyan Cannon, Barbara Davis, Richard Donner and Lauren Shuler Donner, Kate Flannery, George Hamilton, Mary Hart, Nigel Lythgoe, Jessica Morris, Ryan O’Neal, Stefanie Powers, Joe Roth and Irene Roth, Carole Bayer Sager and Bob Daly, Kimberly Stewart, Sean Stewart, Cheryl Tiegs, Ann Turkel, Fred Willard,...
- 9/14/2017
- Look to the Stars
A character with as much history as Batman is bound to end up in some pretty terrible adaptations, be it in film, television, gaming, etc. Thankfully, most of the Caped Crusader’s efforts outside of the comics have been enjoyable and well executed affairs, but when it comes to the stinkers, there’s perhaps none more disastrous than Joel Schumacher’s critically derided Batman & Robin.
Following on from Tim Burton’s two outings with the iconic hero, Schumacher’s version took a vastly different approach to the Dark Knight, and bombed because of it. We’re not going to start getting into everything that’s wrong with the film, as we’d be here all day, but it’s remembered for being one of the Bat’s lowest points and nearly killed the entire franchise as far as big screen adaptations go. In fact, it basically did, until Christopher Nolan came along to save it.
Following on from Tim Burton’s two outings with the iconic hero, Schumacher’s version took a vastly different approach to the Dark Knight, and bombed because of it. We’re not going to start getting into everything that’s wrong with the film, as we’d be here all day, but it’s remembered for being one of the Bat’s lowest points and nearly killed the entire franchise as far as big screen adaptations go. In fact, it basically did, until Christopher Nolan came along to save it.
- 6/14/2017
- by Matt Joseph
- We Got This Covered
This year, the April 29 anniversary of the Rodney King riots became a recognized event on the programming calendar. Over the next week, networks are releasing a half-dozen nonfiction narratives to commemorate the 25 years since the Los Angeles uprising, including three from some of our most compelling African-American filmmakers: Spike Lee, John Singleton, and John Ridley.
“Black directors have different viewpoints,” said Lee, who directed writer-actor Roger Guenveur Smith’s one-man show “Rodney King” for Netflix. “We don’t see the world all the same.”
Read More: L.A. Riots 25th Anniversary Documentaries, Ranked: Which Ones Best Explain the Unrest Now
Ridley and Singleton took a more traditional path to the material, digging into period video archives and interviewing many of the people directly involved in the riots that yielded 55 lives lost, 1,100 buildings destroyed by fire, and some $1 billion in property damage.
Lee came at the subject from another direction. Smith has...
“Black directors have different viewpoints,” said Lee, who directed writer-actor Roger Guenveur Smith’s one-man show “Rodney King” for Netflix. “We don’t see the world all the same.”
Read More: L.A. Riots 25th Anniversary Documentaries, Ranked: Which Ones Best Explain the Unrest Now
Ridley and Singleton took a more traditional path to the material, digging into period video archives and interviewing many of the people directly involved in the riots that yielded 55 lives lost, 1,100 buildings destroyed by fire, and some $1 billion in property damage.
Lee came at the subject from another direction. Smith has...
- 4/21/2017
- by Anne Thompson
- Thompson on Hollywood
This year, the April 29 anniversary of the Rodney King riots became a recognized event on the programming calendar. Over the next week, networks are releasing a half-dozen nonfiction narratives to commemorate the 25 years since the Los Angeles uprising, including three from some of our most compelling African-American filmmakers: Spike Lee, John Singleton, and John Ridley.
“Black directors have different viewpoints,” said Lee, who directed writer-actor Roger Guenveur Smith’s one-man show “Rodney King” for Netflix. “We don’t see the world all the same.”
Ridley and Singleton took a more traditional path to the material, digging into period video archives and interviewing many of the people directly involved in the riots that yielded 55 lives lost, 1,100 buildings destroyed by fire, and some $1 billion in property damage.
Lee came at the subject from another direction. Smith has performed “Rodney King” for four years in small venues and when “Rodney King” hits Netflix on April 28 in 190 countries,...
“Black directors have different viewpoints,” said Lee, who directed writer-actor Roger Guenveur Smith’s one-man show “Rodney King” for Netflix. “We don’t see the world all the same.”
Ridley and Singleton took a more traditional path to the material, digging into period video archives and interviewing many of the people directly involved in the riots that yielded 55 lives lost, 1,100 buildings destroyed by fire, and some $1 billion in property damage.
Lee came at the subject from another direction. Smith has performed “Rodney King” for four years in small venues and when “Rodney King” hits Netflix on April 28 in 190 countries,...
- 4/21/2017
- by Anne Thompson
- Indiewire
Christopher Nolan is making a war movie. That’s pretty much all you can truly gather from our first look at Dunkirk, but it’s still a very effective announcement trailer, and it’s our first glimpse at the next film from one of the biggest marquee names in filmmaking right now. It’s interesting to watch how Warner Bros. handles each new film from Nolan, because this is the Warner Bros. that I like the most. Under Bob Daly and Terry Semel, the studio spent its energy cultivating and rewarding long-term relationships with filmmakers. Without Warner Bros. and that specific attitude, Clint Eastwood would never have had the time and the safe space to become the filmmaker who finally delivered Unforgiven to the studio. I look back at how they treated Stanley Kubrick, and that’s pretty much the gold standard. They gave him time to develop material the way he developed material,...
- 8/5/2016
- by Drew McWeeny
- Hitfix
Steve Papazian, who has been with the company for 47 years and through the various incarnations of management at the studio — from Terry Semel and Bob Daly, through Alan Horn and Jeff Robinov to the current regime of Kevin Tsujihara — is leaving his President of Worldwide Production post and is now Worldwide Production Executive. He will serve as a consultant on physical production for the next two years. The trusted executive, who started in the mailroom at the company…...
- 5/5/2016
- Deadline
'Purple Rain' Exec Recalls Traveling the World With Prince, Late Nights on Mulholland (Guest Column)
When I was a production executive at Warner Bros., sometime around 1983, the legendary chairmen of Warner Bros. Music Mo and Michael Ostin asked me to meet an emerging artist named Prince. When Prince arrived, he had a screenplay in his hand and a guitar over his shoulder. It didn’t take long for me to realize that I was in the rarified company of an artistic giant. After reading the screenplay, I appealed to my Warner Bros. colleagues and my esteemed bosses, Bob Daly and Terry Semel, convincing them with passion and persistence that we had to make Purple Rain.
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- 4/22/2016
- by Mark Canton
- The Hollywood Reporter - Movie News
Warner Bros. Marketing executive Richard Del Belso died on March 5 at the age of 76. His husband, jazz singer and lyricist Mark Winkler, confirmed the news on Monday. Del Belso, who spent 25 years at the company working on every major release including four Best Picture winners “Chariots of Fire,” “Driving Miss Daisy,” “Unforgiven,” and “Million Dollar Baby,” died in his Los Angeles home following a year-long battle with lung cancer. “Richard was the best research guy I’ve ever come across,” former Warner Bros. Chairman Bob Daly said in a statement. “He was smart and thorough; he spoke his mind, and he was.
- 3/14/2016
- by Reid Nakamura
- The Wrap
This story first appeared in the Sept. 25 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe. Merv Adelson made and lost a fortune. He co-created Lorimar Productions, which produced such hits as 'The Waltons' and 'Dallas'; sold it for $1.2 billion in 1989; and by 2003 was $112 million in debt — and living in a 500-square-foot apartment in Santa Monica. The mogul, who was married four times (including to Barbara Walters), died Sept. 8 at age 85. Former Warner Bros. chairman Bob Daly remembers him. I did a lot of
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- 9/16/2015
- by Bob Daly, as told to Marisa Guthrie
- The Hollywood Reporter - Movie News
This story first appeared in the Aug. 28 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe. On the morning of Aug. 17, a pall settled over the half-dozen or more Warner Bros. executives gathered for their weekly senior staff meeting in chairman and CEO Kevin Tsujihara's conference room on the Burbank lot. After a quarter-century in which the studio often had dominated the box office, with successive regimes that took one victory lap and then another (first Bob Daly and Terry Semel, then Barry Meyer and Alan Horn), even the most cockeyed optimists
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- 8/19/2015
- by Stephen Galloway
- The Hollywood Reporter - Movie News
Producer Robert Evans, circa 1970s, in the documentary The Kid Stays in the Picture.
Robert Evans: The Kid Is Alright
By
Alex Simon
I interviewed legendary Hollywood producer Robert Evans in 2002 for Venice Magazine, in conjunction with the release of the documentary "The Kid Stays in the Picture," adapted from his iconic autobiography and audiobook. Our chat took place at Woodland, Evans' storied estate in Beverly Hills, in his equally famous screening room, which mysteriously burned down a couple years later. Evans was still physically frail, having recently survived a series of strokes, but his mind, his wit and his charm were sharp as ever, with near total recall for people, places and stories. Many, many stories. Here are a few of them.
It’s a widely-held belief that the years 1967-76 represent the “golden age” of American cinema. Just look at a few of these titles: Rosemary’s Baby,...
Robert Evans: The Kid Is Alright
By
Alex Simon
I interviewed legendary Hollywood producer Robert Evans in 2002 for Venice Magazine, in conjunction with the release of the documentary "The Kid Stays in the Picture," adapted from his iconic autobiography and audiobook. Our chat took place at Woodland, Evans' storied estate in Beverly Hills, in his equally famous screening room, which mysteriously burned down a couple years later. Evans was still physically frail, having recently survived a series of strokes, but his mind, his wit and his charm were sharp as ever, with near total recall for people, places and stories. Many, many stories. Here are a few of them.
It’s a widely-held belief that the years 1967-76 represent the “golden age” of American cinema. Just look at a few of these titles: Rosemary’s Baby,...
- 7/5/2015
- by The Hollywood Interview.com
- The Hollywood Interview
Terry Semel resigned under pressure Monday as CEO of Yahoo Inc. and the company handed the reins back to Jerry Yang, the billionaire co-founder of the search engine that became one of the Internet's earliest success stories.
Yahoo said Semel has assumed the role of nonexecutive chairman and will serve as an adviser to Yang, named CEO, and Susan Decker, who was promoted to president and is considered a prime candidate for the CEO spot someday.
Semel has been under scrutiny from shareholders who have expressed bewilderment at his generous pay packages while Yahoo stock has gone nowhere and rival Google Inc. widens its competitive lead. Semel, the former co-chairman of Warner Bros., has earned about $450 million, mostly from Yahoo stock options, since taking over as CEO in May 2001.
While Yahoo was rebounding from the bursting of the Internet bubble, Semel's hefty compensation was a nonissue. More recently, Yahoo dropped 35% last year while Semel earned $71.7 million.
That was a bit too much to take for shareholders, who criticized Semel and other top management at the company's shareholder meeting last week, prompting observers to speculate that Semel would soon be out.
Semel, however, earned kudos early on at Yahoo for quickly turning around the company and building shareholder value. When he joined six years ago, he purchased with his own money $1 million in Yahoo stock, which has more than tripled since then on a split-adjusted basis.
Much like the success he had while running Warner Bros. with co-chairman Bob Daly, Semel oversaw a rapid rise in revenue at the company. At Yahoo, sales jumped from about $750 million annually to $6.4 billion last year under his tenure. In the two decades Daly and Semel ran Warners, revenue there rose from $750 million to $11 billion.
But some said Monday that there was nothing spectacular about Semel's early success at Yahoo. Sure, the stock surged 225% during his reign -- far outpacing the S&P 500's rise of 28.5% -- but other Internet stalwarts also fared well. Shares of eBay, for example, are up 194% during the same time frame, and Amazon is up 387%.
More significantly, when Google, a direct competitor, went public three years ago, it had a market capitalization of $23 billion compared with Yahoo's $39 billion. But Yahoo's value has since shrunk to $37.8 billion, while Google's worth has catapulted to $160.5 billion.
"Semel was made the gatekeeper to the promise of the Internet, and he handed the keys to Google," said Cody Willard, a hedge-fund manager who has owned Google shares since its initial public offering.
Yahoo said Semel has assumed the role of nonexecutive chairman and will serve as an adviser to Yang, named CEO, and Susan Decker, who was promoted to president and is considered a prime candidate for the CEO spot someday.
Semel has been under scrutiny from shareholders who have expressed bewilderment at his generous pay packages while Yahoo stock has gone nowhere and rival Google Inc. widens its competitive lead. Semel, the former co-chairman of Warner Bros., has earned about $450 million, mostly from Yahoo stock options, since taking over as CEO in May 2001.
While Yahoo was rebounding from the bursting of the Internet bubble, Semel's hefty compensation was a nonissue. More recently, Yahoo dropped 35% last year while Semel earned $71.7 million.
That was a bit too much to take for shareholders, who criticized Semel and other top management at the company's shareholder meeting last week, prompting observers to speculate that Semel would soon be out.
Semel, however, earned kudos early on at Yahoo for quickly turning around the company and building shareholder value. When he joined six years ago, he purchased with his own money $1 million in Yahoo stock, which has more than tripled since then on a split-adjusted basis.
Much like the success he had while running Warner Bros. with co-chairman Bob Daly, Semel oversaw a rapid rise in revenue at the company. At Yahoo, sales jumped from about $750 million annually to $6.4 billion last year under his tenure. In the two decades Daly and Semel ran Warners, revenue there rose from $750 million to $11 billion.
But some said Monday that there was nothing spectacular about Semel's early success at Yahoo. Sure, the stock surged 225% during his reign -- far outpacing the S&P 500's rise of 28.5% -- but other Internet stalwarts also fared well. Shares of eBay, for example, are up 194% during the same time frame, and Amazon is up 387%.
More significantly, when Google, a direct competitor, went public three years ago, it had a market capitalization of $23 billion compared with Yahoo's $39 billion. But Yahoo's value has since shrunk to $37.8 billion, while Google's worth has catapulted to $160.5 billion.
"Semel was made the gatekeeper to the promise of the Internet, and he handed the keys to Google," said Cody Willard, a hedge-fund manager who has owned Google shares since its initial public offering.
- 6/19/2007
- The Hollywood Reporter - Movie News
Bruce Berman, chairman and CEO of Village Roadshow Pictures Entertainment, will receive the Help Group's 2004 Help Humanitarian Award at its 27th annual spring luncheon, the Teddy Bear Picnic, at the Beverly Hilton on June 14. The luncheon chairs are Bob Daly, Brian Grazer, Alan Horn, Richard Lovett, Barry Meyer, Terry Semel, Jack Valenti and Jerry Weintraub. Honorary chairs include Village Roadshow's Graham Burke, John Kirby and Robert Kirby.
- 5/27/2004
- The Hollywood Reporter - Movie News
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