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Searchlight Shake-Up: Steve Gilula and Nancy Utley to Retire

Nancy Utley David Greenbaum Matthew Greenfield film awards Fox Oscar and

21.04.2021 - 03:05

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hollywoodreporter.com

hollywoodreporter.com:

In a stunning development on the eve of the Academy Awards, Disney announced Tuesday that longtime Searchlight Pictures chairmen Nancy Utley and Steve Gilula will be retiring from the specialty division, home of numerous Oscars.

At Sunday's Oscar telecast, for example, Searchlight's Nomadland is considered a frontrunner for best picture, among other top awards.

Utley and Gilula told staffers of their looming exit in the coming weeks during a lunchtime town hall. Searchlight veterans Matthew Greenfield and David Greenbaum, Searchlight’s longtime heads of production, have both been promoted to president, Searchlight, and will jointly run the company.

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