Ron Meyer Universal Quotations

Universal had its most profitable year ever in 2005 due in no small part to Marc, whose impact on this company has been the foundation for its unique culture and its far-ranging achievements, His combination of strengths is unique in that he has been able to attract exceptional creative talent in a specialty film environment and at the same time is revered in the global sales and distribution community for his taste and acumen.

Universal City plays an important role in our company and in Los Angeles. Now is the time to shape a vision not only for the continued vitality of our studio and theme park businesses but for the property itself.

I'm confident that Marc and David will have an extraordinary partnership. Marc has been a critical part of our team since joining the company in 1998, and he led our global marketing and distribution efforts during our most successful years. Universal had its most profitable year ever in 2005 due in no small part to Marc, whose impact on this company has been the foundation for its unique culture and its far-ranging achievements. His passions and instincts inspire both his colleagues and the creative community, and I am pleased to acknowledge his talent and commitment.

Stacey was a valued colleague who made a significant contribution to Universal Pictures. I hope that this move helps her achieve her wishes for a different business lifestyle. But even with her departure, we still have the most talented team in the business and will continue to effectively run our studio. Thanks to the entire team, we have a strong slate for the rest of 2006 and well into 2007.