Amy Pascal Exits Sony Pictures For Universal Pictures Deal

After more than three decades working for Sony Pictures, producer Amy Pascal is leaving the company in order to join Universal Pictures.

According to The Hollywood Reporter, Pascal signed a first-look deal with Universal and will bring her own production company, Pascal Pictures, to her new home. The deal comes after her four-year production contract with Sony recently came to an end. Said contract was made around 2014 after she stepped down as chairman of SPE Motion Picture Group, following the infamous “Sony Hack.”

Universal Chairman Donna Langley praises Pascal’s new involvement with the company, stating the following.

“Amy has had one of the most prolific careers of anyone in our industry. I’ve been grateful to work alongside her throughout my career, previously as competition and now as partners. Her expertise, passion and sensibility for great storytelling is evident across each project she touches, and we’re fortunate to benefit from her wealth of industry knowledge and her unparalleled relationships.”

Universal President Peter Cramer is also excited for Pascal’s arrival; also praising her work as a movie producer saying, “Amy has a keen eye for projects that have both critical and commercial appeal, which we saw time and time again with the projects that she shepherded at Sony, as well as with the films that she is developing and producing now […]”

Amy Pascal made a statement expressing her joy to join her new home:

“I can’t imagine anything more thrilling than making movies for Ron Meyer, Donna Langley and Peter Cramer at Universal. Donna’s vision for the company is inspirational on every level, from the brilliant leadership team she’s assembled, to the studio’s diverse selection of movies, to the impressive film making partners who call Universal home.”

Pascal lead the film division from Sony for more than 20 years and has been the producer for many movies and franchises like James Bond, Men In Black; award winners like The Social Network and Zero Dark Thirty. Some of her recent involvements with the company before her departure includes Oscar-winner Spider-Man: Into the Spider-Verse, the Tom Hanks-lead The Post, Venom, and the Sony/Marvel Studios collaboration for Spider-Man: Homecoming and its upcoming sequel Far From Home. 

Fortunately, the Pascal Picture move from Sony to Universal will not affect her collaboration with Phil Lord & Chris Miller for the Into the Spider-Verse sequels and spin-offs as Deadline reassured that she’ll continue working on the upcoming projects.

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