Neal Moritz Moves First-Look Deal to Paramount
The producer is leaving his current overall deal at Sony Pictures at the end of his contract.
Neal Moritz and his Original Film production company have signed a multiyear, first-look agreement with Paramount, leaving his longtime deal at Sony Pictures.
The Paramount deal will begin Jan. 1, 2019, when Moritz's contract is up at Sony. Until then, Paramount has agreed to a second-look deal, effective immediately.
The announcement was made Wednesday by studio head Jim Gianopulos. Of the deal, Gianopulos said in a statement: "Neal and I have known each other for many years and he is one of the greatest storytellers and producers in our industry, building franchises that have a tremendous impact on the worldwide box office. This first-look deal with Neal will help Paramount continue to bolster and diversify our upcoming slate, and I’m thrilled to have him come aboard."
Added Moritz: “My first producing deal was at Paramount and I consider this a welcome return to my original home. Jim brings a renewed excitement and vision to Paramount, offering filmmakers unique creative opportunities. I am excited to work with the incredibly talented team he has in place at the studio.”
Moritz is the mastermind behind one of Hollywood's largest ongoing franchises, The Fast and the Furious, which has grossed over $5 billion worldwide in unadjusted ticket sales.
Under his deal at Sony, Moritz produced 21 Jump Street and 22 Jump Street and the movies of the xXx franchise, among many others. His other producer credits include I Am Legend, Sweet Home Alabama and Cruel Intentions.
In 2015, Moritz re-upped his first-look deal at Sony under then SPE co-chairman Amy Pascal. Moritz has been based at Sony since 1997, when he produced the teen thriller I Know What You Did Last Summer.
Moritz still maintains his overall deal at Sony Pictures Television, which he signed in 2015, and is currently working on the CBS drama S.W.A.T.