LOS ANGELES, March 7 (Reuters) - "Oppenheimer" appears
poised to dominate Sunday's Academy Awards, validating Universal
studio chief Donna Langley's bet on the unconventional,
three-hour-long period drama about the father of the atomic
bomb.
Langley aggressively pursued the project, in part, for the
chance to work with acclaimed filmmaker Christopher Nolan, who
had just severed his two-decade-long relationship with Warner
Bros. Studios in a disagreement over its streaming video
strategy.
The executive committed Universal's full promotional
resources to "Oppenheimer," which would enjoy a 100-plus day
exclusive run in movie theaters before being made available for
home viewing.
"Donna's an incredible collaborator, wonderful studio head
to work for," Nolan told Reuters. "I can't speak highly enough
about her incredible take on material, wonderful notes
throughout, (and) an incredibly supportive effort from her whole
team, which is second to none."
"Oppenheimer" heads into the Oscars ceremony with a leading
13 nominations and is considered the favorite to win best
picture after sweeping other major Hollywood awards. That would
represent a departure from recent years when arthouse films such
as "Nomadland" and "Parasite" took the top prize.
"Oppenheimer" already won big at the box office with $958
million in global ticket sales, helping Universal rank as the
highest-grossing studio of 2023, according to Comscore's
estimate of worldwide box office revenue.
Universal declined to make Langley, 56, available for an
interview.
TALENT-FRIENDLY EXECUTIVE
Several Hollywood sources describe Langley as a
talent-friendly executive who is unafraid to take risks, which
she demonstrated over her tenure as chairman of Comcast Corp's ( CMCSA )
Universal Pictures, and later, as head of the
Universal Filmed Entertainment Group, which includes DreamWorks
Animation TV and Focus Features.
"There's a fearlessness about her. There's this unwavering
willingness to take chances, to make big bets -- and it's always
driven by her intelligence, her passion," said Sarah Self, the
co-head of the Motion Picture Literary Department at talent
agency WME.
Langley views talent as Universal's core intellectual
property, backing comedian Jordan Peele's directorial debut,
"Get Out," and supporting Judd Apatow's rise as a producer of
such comedies as "Trainwreck" and "Bridesmaids."
The studio has become a magnet for young talent, including
Daniel Kwan and Daniel Scheinert, the directing duo behind A24's
Oscar-winning "Everything Everywhere All At Once," who signed a
five-year exclusive deal.
The executive also has been credited with expanding or
re-invigorating such lucrative franchises as "Fast & Furious"
and "Jurassic Park."
She sought a deal with low-budget horror shop Blumhouse to
revive Universal Pictures' long tradition of releasing monster
movies. The collaboration has produced such box office hits as
"Halloween" and "Five Nights at Freddy's."
"It was Donna that brought me in," said Blumhouse CEO Jason
Blum. "But it was more than just that. It was Donna who cleared
the path for me at Universal to make low-budget movies."
'CREATIVE LEADER'
The native of the United Kingdom has been recognized for her
impact on the industry. In 2020, she was awarded a Dame of the
British Empire in 2020, an honor that recognized her influence
over popular culture.
"She is actually the business and creative leader of her
generation in regards to creative content companies," said
Creative Artists Agency's co-chairman and chief executive, Bryan
Lourd.
During the height of the pandemic, Universal ended the
90-day exclusive release window movie theaters held for new
releases when it sent "Trolls World Tour" directly into homes.
The studio began making movies available for digital rental or
purchase as soon as three weeks after the theatrical debut.
This strategy has generated more than $1 billion in
ancillary revenue, which allowed the studio to justify
greenlighting films, such best picture nominee "Belfast," that
otherwise would not be financially viable.
As rival Hollywood studios have trimmed their release
slates, Universal and specialty studio Focus have announced a
diverse portfolio of 19 domestic releases for 2024.
"They have really come out of the pandemic the most
aggressively of any of the studios," said Tim Richards, CEO of
Europe's Vue cinema chain.
In June 2023, Langley assumed a broader role as chairman of
NBCUniversal's studio group and as chief content officer,
overseeing content strategy across the media company's film and
television studios.
Langley's picks do not always pay off. One notable flop was
an adaptation of the musical "Cats," which was savaged for
unrealistic-looking digital fur technology.