Whither Ed Pressman' Itseems that the veteran producer of such classics as Badlands and Wall Street is stepping down from his role as joint-chief executive of ContentFilm,the company he founded with John Schmidt in 2001.
A spokesperson for Pressman did not deny the rumoursand it is understood that he will continue to be involved with ContentFilm asdirector and shareholder.
"Ed Pressman has made over 70 movies and will continueto make many more," he said.
Quite what Pressman will do next is unclear but therehas been talk of a new production and sales operation being created with thetentative name of Bread.
ContentFilm was formed as a digital production venturebut fast grew with its takeover in Nov 2003 of publicly-quoted UK outfitWinchester Entertainment. Shares in ContentFilm are currently suspended whileit proceeds with its latest acquisition of the Fireworks film and TV libraryand certain other assets from Canada's CanWest.
Pressman is currently in production on Diane Arbusbiopic Fur starring Nicole Kidman. He is an executive produceron Content's Cannes Un Certain Regard title The King.
ContentFilm's corporate offices in London declined tocomment.