Joel Silver Exits Silver Pictures, Hal Sadoff to Run Company

Joel Silver has resigned from Silver Pictures, the manufacturing outfit he established in 1980, TheWrap has realized. No cause was given for the producer’s exit.

“Joel Silver recently indicated that he intends to leave Silver Pictures and go out on his own. We are working with him to define a productive way forward, given his ongoing contractual obligations to the company,” Silver Pictures CEO Hal Sadoff stated in a press release offered to TheWrap. “Meanwhile, we are continuing to move ahead with our slate of exciting projects and have had very positive discussions with our studio partners around town.”

Sadoff, who joined Silver Pictures after leaving ICM in 2012, will run the corporate following Silver’s exit.

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Joel Silver’s consultant didn’t instantly reply to a request for remark from TheWrap.

The firm has produced the “Lethal Weapon,” “Die Hard,” “The Matrix” franchises, in addition to initiatives like “Predator,” “Tales From the Crypt,” “V for Vendetta” and “The Nice Guys.”

The firm additionally produced “Veronica Mars,” a TV collection starring Kristen Bell as a crime-fighting teen that ran for 3 seasons in 2004-07; a Hulu revival is because of launch subsequent month.

Silver Pictures can also be growing a 3rd installment within the “Sherlock Holmes” collection starring Robert Downey Jr. and Jude Law; that movie is at present slated for launch on December 22, 2021, with “Narcos” co-creator Chris Brancato hooked up to jot down the script, although no director is at present hooked up.

Deadline first reported the information.