John Hughes and Ricardo Mestres create new media partnership Great Oaks Entertainment.
The new enterprise will be formed with the merging of Hughes Entertainment and Ricardo Mestres Productions, and will pursue projects in all areas of entertainment, including motion pictures, television, publishing and interactive media.
With the folding of the two companies under the Great Oaks umbrella, the upcoming program of films totals 12 motion picture commitments at three studios.
They include Hughes Entertainment's live action/animated film "The Bee," which will shoot this summer, followed by five additional pictures for The Walt Disney Studios, four pictures for 20th Century Fox, including "Home Alone 3," plus the Mestres Production's upcoming films "Jack" at Disney and "Fire and Rain" at New Line Cinema.
In the television arena, Great Oaks Entertainment has secured from NBC a 13-episode, on-air commitment for an untitled television project, which is currently in development. Other project announcements will be forthcoming.
"Ricardo and I made a formative connection when we were both starting out in the business at Paramount in 1981," Hughes commented. "Since then, our careers have taken different paths, but our friendship has always endured. We work quite intuitively, and our different styles and strengths are totally complementary."
"The goal for Great Oaks is to be a broadly based, popular entertainment company," said Mestres. "I am delighted to be reunited with John after so many years. He has such a unique view of the world, and we will naturally continue to capitalize on his past film success. We also want to expand our reach by developing our ideas with other writers, as well as acquiring original material on the open market."
One of the most prolific and versatile filmmakers in the motion picture industry, Hughes has written and been responsible for either directing and/or producing major motion pictures such as "Home Alone" and "Home Alone 2," the "National Lampoon's Vacation" films, "The Breakfast Club," "Ferris Bueller's Day Off," "Pretty In Pink," "Planes, Trains and Automobiles" and "Uncle Buck, among others.
Formerly president of Hollywood Pictures, Mestres commenced an exclusive long-term production deal with The Walt Disney Studios in 1994. While at Hollywood Pictures, Mestres oversaw such successes as "Arachnophobia," "The Hand That Rocks the Cradle," "Medicine Man," "The Joy Luck Club," "Encino Man," "Tombstone," as well as "Quiz Show" and "The Santa Clause."
Prior to heading Hollywood Pictures, Mestres was president of production at Touchstone Pictures.
Great Oaks Entertainment will be based in Los Angeles at The Walt Disney Studios. Other key executive posts at the company are Bill Ryan, formerly a top executive at Hughes Entertainment and Danny Davids, a former entertainment executive who will be based in London.
CONTACT: Rogers & Cowan Inc., Los Angeles
Paul Bloch, 310/201-8803
Jane Lieberman, 310/201-8853
Michelle Bega, 310/201-8865
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|Date:||Feb 15, 1995|
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