
{"id":24272,"date":"2015-03-25T19:40:18","date_gmt":"2015-03-25T23:40:18","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=24272"},"modified":"2015-04-17T22:21:56","modified_gmt":"2015-04-18T02:21:56","slug":"universal-pictures-8","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2015\/03\/25\/universal-pictures-8\/","title":{"rendered":"Universal Pictures"},"content":{"rendered":"<pre>by\u00a0SARAH GRABMAN<\/pre>\n<h2 style=\"text-align: justify\"><a href=\"http:\/\/www.universalpictures.com\/\"><img loading=\"lazy\" class=\" aligncenter\" src=\"http:\/\/img3.wikia.nocookie.net\/__cb20130718004629\/logopedia\/images\/3\/31\/UNIVERSAL_2013_PRINT_LOGO.png\" alt=\"\" width=\"564\" height=\"337\" \/><\/a><\/h2>\n<p style=\"text-align: justify\"><a href=\"http:\/\/www.universalpictures.com\/\">Universal Studios Inc.<\/a> (Universal Pictures) is a major motion picture studio under <a href=\"http:\/\/www.nbcuniversal.com\/\">NBCUniversal<\/a> owned by <a href=\"http:\/\/www.comcast.com\/\">Comcast <\/a>that\u00a0produces and distributes films for theatrical release and produces, acquires, and distributes direct-to-home video titles, classic titles, and consumer products.<a href=\"http:\/\/www.nbcunicareers.com\/our-businesses\/universal-pictures\" target=\"_blank\">[1]<\/a><\/p>\n<p style=\"text-align: justify\">Universal Pictures has found a lucrative home in the franchise model which has contributed to some of the top grossing films in American history including <em>Jurassic Park<\/em>, <em>Jaws, The Fast &amp; Furious,<\/em> and<em> Despicable Me<\/em>.<\/p>\n<p style=\"text-align: justify\">Universal Pictures also owns\u00a0many subsidiaries including <a href=\"http:\/\/www.universalstudiosentertainment.com\/\" target=\"_blank\">Universal Studios Home Entertainment<\/a>, <a href=\"http:\/\/www.focusfeatures.com\/\" target=\"_blank\">Focus Features<\/a>, <a href=\"https:\/\/www.workingtitlefilms.com\/\" target=\"_blank\">Working Title Films<\/a>, <a href=\"http:\/\/illuminationentertainment.wikia.com\/\" target=\"_blank\">Illumination Entertainment<\/a>, <a href=\"http:\/\/www.imdb.com\/company\/co0202966\/?ref_=fn_al_co_1\" target=\"_blank\">Universal Animation Studios<\/a>, and is part of a joint venture with <a href=\"http:\/\/www.uip.com\/\" target=\"_blank\">United International Pictures<\/a>.<\/p>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">P R O M I N E N T<\/span> \u00a0<span style=\"text-decoration: underline\">P E O P L E<\/span><\/p>\n<p style=\"text-align: justify\"><img loading=\"lazy\" class=\" alignleft\" src=\"http:\/\/www-deadline-com.vimg.net\/wp-content\/uploads\/2011\/06\/RonMeyerCurrent_20110627173544-691x1024.jpg\" alt=\"\" width=\"100\" height=\"142\" \/><img class=\"full alignright\" src=\"http:\/\/www.varietyinsight.com\/employeeimages\/empphoto_12266_1424821026.jpg\" alt=\"Donna Langley\" \/><\/p>\n<p style=\"text-align: left;padding-left: 120px\">Ronald Meyer \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Donna Langley<\/p>\n<p style=\"text-align: left\"><em>Chairman and COO<\/em><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <\/strong><em>Chairman<\/em><\/p>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">H I S T O R Y<\/span><\/p>\n<p style=\"text-align: justify\">Universal Pictures was founded by the German-born \u201cFather of the Hollywood Star System\u201d, Carl Laemmle, in 1912 as a merger of smaller motion picture companies. <a href=\"http:\/\/www.britannica.com\/EBchecked\/topic\/327652\/Carl-Laemmle\" target=\"_blank\">[2] <\/a>Universal Pictures became the model of the vertically integrated studio system in control of the entire filmmaking process from production, distribution, and exhibition. Universal Pictures was the largest studio in Hollywood for approximately a decade after its inception and has remained one of the most influential and prominent film studios in the world.<\/p>\n<p style=\"text-align: justify\">The <a href=\"http:\/\/www.universalstudios.com\/\">Universal City Studios<\/a> were opened to the public in March 1915, and made the filmmaking process suitable for tourism. They continue to function as active studios and are open for studio tours through the Universal Studios Theme Parks.<\/p>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">F I N A N C I A L S<\/span><\/p>\n<p style=\"text-align: justify\">Universal Pictures Inc. is privately owned company and does not release financial information to the public. However, as part of the \u201cBig Six\u201d film studios, its top competitors include Fox Filmed Entertainment, Paramount Pictures Corporation, and Sony Pictures Entertainment Inc.<\/p>\n<p style=\"text-align: justify\">2015 has been an incredibly successful year with blockbusters including <em><a href=\"http:\/\/www.imdb.com\/title\/tt2322441\/\" target=\"_blank\">Fifty Shades of Grey<\/a>\u00a0<\/em>and\u00a0<em>\u00a0<a href=\"http:\/\/www.imdb.com\/title\/tt2820852\/?ref_=nv_sr_1\" target=\"_blank\">Furious 7<\/a><\/em><em>. <\/em>Universal Pictures International has achieved the <a href=\"http:\/\/www.screendaily.com\/box-office\/upi-crosses-1bn-in-record-time\/5086232.article\" target=\"_blank\">$1 billion worldwide box office milestone<\/a> for the ninth consecutive year in record time.<a href=\"http:\/\/www.screendaily.com\/box-office\/upi-crosses-1bn-in-record-time\/5086232.article\" target=\"_blank\">[3]\u00a0<\/a><\/p>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">M O N E Y \u00a0A N D \u00a0T R A G E D Y <\/span>||<span style=\"text-decoration: underline\"> <em>F U R I O U S \u00a07<\/em><\/span><\/p>\n<p><iframe loading=\"lazy\" width=\"584\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/Skpu5HaVkOc?feature=oembed\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: justify\"><em>Furious 7<\/em>, directed by James Wan and featuring a superstar cast including <a href=\"http:\/\/www.imdb.com\/name\/nm0004874\/\" target=\"_blank\">Vin Diesel<\/a>, <a href=\"http:\/\/www.imdb.com\/name\/nm0908094\/?ref_=fn_al_nm_1\" target=\"_blank\">Paul Walker<\/a>, and <a href=\"http:\/\/www.imdb.com\/name\/nm0425005\/?ref_=nv_sr_1\" target=\"_blank\">Dwayne \u201cThe Rock\u201d Johnson<\/a>, has made over $810 million in the worldwide box office so far <a href=\"http:\/\/www.boxofficemojo.com\/movies\/?id=fast7.htm\" target=\"_blank\">[4]<\/a>. It is estimated to reach at least $1.2 billion, proving to be one of top-grossing films ever made. It set the opening day record in China making $68.8 million and is the highest grossing film in the franchise.<a href=\"http:\/\/www.boxofficemojo.com\/news\/?id=4055&amp;p=.htm\" target=\"_blank\">[5]<\/a><\/p>\n<p style=\"text-align: justify\">The emergence of locations with cheaper services and tax incentives are threatening the\u00a0tradition of exclusive production in soundstages and studios in Hollywood.\u00a0The majority of <em>Furious 7<\/em> was filmed in Atlanta, Georgia and a few scenes were shot in Abu Dhabi and Colorado. The production of <em>Furious 7<\/em> created 7,500 jobs and $47 million for the local Georgia state economy, contributing to the flourishing film and television industry. A <a href=\"http:\/\/www.mpaa.org\/wp-content\/uploads\/2015\/04\/Production-of-Universal-Pictures%E2%80%99-FURIOUS-7-Generated-Over-47-Million-for-Georgia%E2%80%99s-Economy-Hired-7500-Local-Workers.pdf\" target=\"_blank\">\u201cpro-business environment with competitive incentives\u201d<\/a> has made Georgia an attractive location for film production. <a href=\"http:\/\/www.mpaa.org\/furious7\/#.VTG7ShPF-Ht\" target=\"_blank\">[6]<\/a><\/p>\n<p style=\"text-align: justify\"><img loading=\"lazy\" class=\"alignright\" src=\"http:\/\/imworld.aufeminin.com\/story\/20140205\/paul-walker-170863_w1000.jpg\" alt=\"\" width=\"177\" height=\"239\" \/>Paul Walker, a key player of the <em>Fast &amp; Furious<\/em> films, unexpectedly died in a car accident\u00a0over Thanksgiving Break of 2013. Production was put on hold for nine months and eventually was able to resume and be completed through story rewrites, CGI, and his brothers acting as stand-ins. The untimely death of one of most prominent figures of the <em>Fast &amp; Furious<\/em> franchise ultimately contributed to the widespread success of the film in the box office. <em>Furious 7<\/em> became more than a blockbuster new edition of a franchise and added a sentimental and emotional arc that resonated with viewers. This is not to say that Paul Walker&#8217;s death\u00a0was exploited by Universal for monetary gains, but was rather\u00a0used to pay tribute\u00a0and respect the work of the entire <em>Fast &amp; Furious<\/em> franchise.<a href=\"http:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/04\/09\/how-paul-walker-helped-turn-furious-7-into-a-blockbuster\/\" target=\"_blank\"> [7]<\/a><\/p>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">F I F T Y \u00a0S H A D E S \u00a0O F \u00a0S U C C E S S\u00a0<\/span><\/p>\n<p><iframe loading=\"lazy\" width=\"584\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/CQERFnGvi_A?feature=oembed\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: justify\"><em>Fifty Shades of Grey<\/em> is an erotic film released on February 15, 2015 adapted from a bestselling novel of the same name by E.L. James. <em>Fifty Shades<\/em> was produced by <a href=\"http:\/\/www.imdb.com\/name\/nm0006894\/\" target=\"_blank\">Michael De Luca<\/a>, directed by <a href=\"http:\/\/www.imdb.com\/name\/nm0853374\/?ref_=nv_sr_1\" target=\"_blank\">Sam Taylor-Johnson<\/a> and starred <a href=\"http:\/\/www.imdb.com\/name\/nm0424848\/?ref_=nv_sr_1\" target=\"_blank\">Dakota Johnson<\/a> and <a href=\"http:\/\/www.imdb.com\/name\/nm1946193\/?ref_=nv_sr_1\" target=\"_blank\">Jamie Dornan<\/a>. Universal\u00a0secured the rights to the bestselling trilogy over Warner Bros, Sony, Paramount, and Mark Wahlberg&#8217;s bids. NBCUniversal Chairman and COO, Ron Meyer, visited Newhouse and said that Universal would not have produced the film had it not been based on a bestseller. There was already &#8220;a built in audience&#8221; for the film and they made it true to the book in hopes that &#8220;five women together would see the movie&#8221; [8]. The decision to produce and release the film proved to be success. Fifty Shades made <a href=\"http:\/\/www.boxofficemojo.com\/movies\/?id=fiftyshadesofgrey.htm\" target=\"_blank\">$165.9 million in the domestic box office\u00a0and a\u00a0solid\u00a0$402 million in\u00a0the foreign box office<\/a>\u00a0<a href=\"http:\/\/www.boxofficemojo.com\/movies\/?id=fiftyshadesofgrey.htm\" target=\"_blank\">[9]<\/a>.<\/p>\n<p style=\"text-align: justify\">Producer Michael De Luca left his position as president of production at Sony&#8217;s Columbia Pictures to produce for Universal Pictures. He is responsible for producing the final two <em>Fifty Shades\u00a0<\/em>movies which could earn him a hefty $20 million for the entire franchise. He has produced past hits including <em>The Social Network<\/em>,<em> Moneyball<\/em>,<em> Captain Phillips,<\/em> and <em>21\u00a0<\/em>and is a highly beneficial addition to the studio. <a href=\"http:\/\/variety.com\/2015\/film\/news\/michael-de-luca-universal-fifty-shades-of-grey-1201470336\/\" target=\"_blank\">[10]<\/a><\/p>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">P R O J E C T I O N S<\/span><\/p>\n<p style=\"text-align: justify\">Ron Meyer attributed Universal&#8217;s diverse array of franchises to necessity. Since Universal does not own typical franchises like DC or Marvel Comics, they needed to find another source of steady income to keep the studio running.\u00a0A studio&#8217;s main goal is to create hits and Universal has found success in the creation of franchises including <em>The Fast &amp; Furious<\/em> and now the <em>Fifty Shades<\/em> trilogy [8]. The future of Universal Pictures is bright. Coming off a highly successful year of releases, Universal will continue to use the momentum that accompanies its many franchises.<\/p>\n<p style=\"text-align: justify\">On the release summer release docket are franchise continuations\u00a0including\u00a0<em>Pitch Perfect 2, Jurassic World, Ted 2<\/em>, and <em>Minions<\/em>. Universal is also releasing <em>Trainwreck<\/em> featuring Amy Schumer and Bill Hader\u00a0and\u00a0<em>Straight Outta Compton<\/em> featuring Ice Cube and Dr. Dre this summer. <a href=\"http:\/\/universalpictures.com\" target=\"_blank\">[11]<\/a><\/p>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"text-decoration: underline\">S O U R C E S<\/span><\/p>\n<p style=\"text-align: left\">[1]\u00a0Universal Pictures | NBCUniversal Careers. Retrieved April 16, 2015, from <a href=\"http:\/\/www.nbcunicareers.com\/our-businesses\/universal-pictures\" target=\"_blank\">http:\/\/www.nbcunicareers.com\/our-businesses\/universal-pictures<\/a><\/p>\n<p style=\"text-align: left\">[2] Carl Laemmle.\u00a0(2015). In\u00a0<em>Encyclop\u00e6dia Britannica<\/em>. Retrieved from\u00a0<a href=\"http:\/\/www.britannica.com\/EBchecked\/topic\/327652\/Carl-Laemmle\">http:\/\/www.britannica.com\/EBchecked\/topic\/327652\/Carl-Laemmle<\/a><\/p>\n<p style=\"text-align: left\">[3] UPI crosses $1bn in record time. Retrieved April 16, 2015, from <a href=\"http:\/\/www.screendaily.com\/box-office\/upi-crosses-1bn-in-record-time\/5086232.article\" target=\"_blank\">http:\/\/www.screendaily.com\/box-office\/upi-crosses-1bn-in-record-time\/5086232.article<\/a><\/p>\n<p style=\"text-align: left\">[4]\u00a0Furious 7 (2015) &#8211; Box Office Mojo. Retrieved April 17, 2015, from <a href=\"http:\/\/www.boxofficemojo.com\/movies\/?id=fast7.htm\" target=\"_blank\">http:\/\/www.boxofficemojo.com\/movies\/?id=fast7.htm<\/a><\/p>\n<p style=\"text-align: left\">[5] Weekend Report: &#8216;Furious 7&#8217; Repeats, Sets Opening Day Record in China. Retrieved April 16, 2015, from <a href=\"http:\/\/www.boxofficemojo.com\/news\/?id=4055&amp;p=.htm\" target=\"_blank\">http:\/\/www.boxofficemojo.com\/news\/?id=4055&amp;p=.htm<\/a><\/p>\n<p style=\"text-align: left\">[6] UNIVERSAL\u2019S \u201cFURIOUS 7\u201d FILMED IN GEORGIA AND MADE A HUGE ECONOMIC IMPACT. Retrieved April 16, 2015, from <a href=\"http:\/\/www.mpaa.org\/furious7\/#.VS_0WBPF-Hs\" target=\"_blank\">http:\/\/www.mpaa.org\/furious7\/#.VS_0WBPF-Hs<\/a><\/p>\n<p style=\"text-align: left\">[7]\u00a0How Paul Walker&#8217;s Death Turned &#8216;Furious 7&#8217; Into A Blockbuster. Retrieved April 17, 2015, from <a href=\"http:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/04\/09\/how-paul-walker-helped-turn-furious-7-into-a-blockbuster\/\" target=\"_blank\">http:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/04\/09\/how-paul-walker-helped-turn-furious-7-into-a-blockbuster\/<\/a><\/p>\n<p style=\"text-align: left\">[8] (2015, March 5). Ron Meyer. Lecture conducted from S. I. Newhouse School of Public Communications.<\/p>\n<p style=\"text-align: left\">[9]\u00a0Fifty Shades of Grey (2015) &#8211; Box Office Mojo. Retrieved April 16, 2015, from <a href=\"http:\/\/www.boxofficemojo.com\/movies\/?id=fiftyshadesofgrey.htm\" target=\"_blank\">http:\/\/www.boxofficemojo.com\/movies\/?id=fiftyshadesofgrey.htm<\/a><\/p>\n<p style=\"text-align: left\">[10 ] Michael De Luca Finalizes First-Look at Universal, Overseeing &#8216;Fifty Shades&#8217; (2015, April 10). Retrieved April 16, 2015, from <a href=\"http:\/\/variety.com\/2015\/film\/news\/michael-de-luca-universal-fifty-shades-of-grey-1201470336\/\" target=\"_blank\">http:\/\/variety.com\/2015\/film\/news\/michael-de-luca-universal-fifty-shades-of-grey-1201470336\/<\/a><\/p>\n<p style=\"text-align: left\">[11] Retrieved April 16, 2015, from <a href=\"http:\/\/www.universalpictures.com\/\" target=\"_blank\">http:\/\/www.universalpictures.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by\u00a0SARAH GRABMAN Universal Studios Inc. (Universal Pictures) is a major motion picture studio under NBCUniversal owned by Comcast that\u00a0produces and distributes films for theatrical release and produces, acquires, and distributes direct-to-home video titles, classic titles, and consumer products.[1] Universal Pictures &hellip; <a href=\"https:\/\/bejone03.expressions.syr.edu\/trf235\/2015\/03\/25\/universal-pictures-8\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":455,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4421],"tags":[],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/24272"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/455"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=24272"}],"version-history":[{"count":12,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/24272\/revisions"}],"predecessor-version":[{"id":25328,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/24272\/revisions\/25328"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=24272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=24272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=24272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}