De Luca Departs Sony For “50 Shades”

Michael De Luca is reportedly leaving his job as Columbia Pictures’ president of production to produce movies for Universal Pictures.

De Luca will reportedly oversee the remaining two installments in the “Fifty Shades of Grey” trilogy, and the financial rewards for his involvement are expected to be upwards of $20 million.

De Luca is also expected to shortly announce an overall production deal at Universal.

Source: Variety