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Nancy Utley and Steve Gilula, the duo that for two decades have led one of Hollywood’s most successful prestige film companies, are stepping down.
Utley and Gilula on Tuesday announced their retirement as chairmen of Searchlight Pictures, known for shepherding Oscar winners “Slumdog Millionaire,” “12 Years a Slave,” “Birdman” and “The Shape of Water.”
Their exit, expected to take effect in June, comes just days ahead of the 93rd Academy Awards, where Searchlight film “Nomadland” is considered the favorite to win best picture.
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If you’re a parent gathering your teenage kids in the living room to watch “The Falcon and the Winter Soldier” on Disney+, just know there’s a good chance they’d rather be playing “Fortnite.”
That’s the implication of a new study from consulting firm Deloitte, which analyzed the generational divide in at-home entertainment.
The study, based on a February online survey of more than 2,000 consumers, showed that preferences are changing rapidly between millennials and the younger generation when it comes to how they want to spend their leisure time.
For Gen Z, defined as those born from 1997 to 2007, video whether movies or television shows is not a priority, the study found.