Universal executives resign to make movies

LOS ANGELES, April 13 (UPI) -- Universal Pictures production co-chiefs Mary Parent and Scott Stuber are stepping down to make their own movies.

Donna Langley was being promoted from executive vice president of production to replace Parent and Stuber -- who took over the studio in 2001 and have shepherded a string of box-offices hits for Universal that included "Seabiscuit," "The Bourne Supremacy" and "Meet the Fockers." Of the 90 films they have supervised since 2001, 21 grossed at least $100 million domestically, the Los Angeles Times reported Wednesday.

Parent and Stuber signed a contract with Universal in 2003 calling for them to serve as vice chairmen of production for two years, then produce movies at Universal for five more years.

"We've always dreamed of producing movies," Stuber told the Times.

Langley joined Universal in 2001 from New Line Cinema, where she oversaw such films as "Austin Powers: The Spy Who Shagged Me."