Strike Entertainment: A History of the Universal Pictures Partnership

Strike Entertainment: A History of the Universal Pictures Partnership

The landscape of Hollywood production is often shaped by the formation and dissolution of strategic partnerships. One such entity was Strike Entertainment, a production company founded by industry veterans who sought to leverage their experience to create a new creative hub within the studio system.

The Formation of Strike Entertainment

Strike Entertainment was established in May 2002. The company was founded by producer Marc Abraham, Thomas Bliss (the former COO of Beacon Pictures), and Eric Newman (the former senior VP of development). The trio broke away from their previous partner, Beacon Pictures, to launch this new venture.

From its inception, Strike Entertainment operated under a strategic deal with Universal Pictures. This arrangement provided the company with essential financing, which was supplemented by various foreign partnerships to support their production slate.

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A Decade of Production and Partnership

For 11 years, Strike Entertainment functioned as a production company based at Universal. This period was defined by a first-look deal—a contract where a studio has the first opportunity to review and fund a producer's projects before they are offered to other studios.

The relationship between the founders and the studio was long-standing. By the time the partnership concluded, Marc Abraham and Eric Newman had spent a total of 15 years working with the studio.

The Dissolution of the Company

In March 2013, Abraham, Bliss, and Newman decided to dissolve Strike Entertainment. The conclusion of the company coincided with the end of their first-look deal with Universal Pictures in the spring of 2013.

The founders described the separation as amicable, stating that the partnership had simply run its course. Despite the formal dissolution of the company, Abraham and Newman continued to collaborate on a specific project that remained in development under the Strike banner.

Key Facts

  • Founded: May 2002 by Marc Abraham, Thomas Bliss, and Eric Newman.
  • Studio Affiliation: Operated primarily through a deal with Universal Pictures.
  • Origin: The founders previously worked with Beacon Pictures.
  • Duration: The company operated for 11 years before dissolving in March 2013.
  • Tenure: Abraham and Newman had a 15-year total tenure at Universal.
Strike Entertainment Overview
Detail Information
Founding Date May 2002
Founders Marc Abraham, Thomas Bliss, Eric Newman
Primary Studio Partner Universal Pictures
Dissolution Date March 2013
Funding Sources Universal Pictures and foreign partnerships

Frequently Asked Questions

Who founded Strike Entertainment?

The company was founded by producer Marc Abraham, Thomas Bliss, and Eric Newman.

What was the relationship between Strike Entertainment and Universal Pictures?

Strike Entertainment had a first-look deal with Universal Pictures, which provided financing for the company alongside foreign partnerships.

Why was Strike Entertainment dissolved?

The founders dissolved the company in March 2013, stating that the partnership had simply run its course.

Did the founders stop working together after the company closed?

No, Marc Abraham and Eric Newman continued to work together on a project that was still in development under the Strike banner.

How long did the founders work with Universal Pictures?

Marc Abraham and Eric Newman had a 15-year tenure at the studio, with the first-look deal ending in the spring of 2013.

References

  1. Jr, Mike Fleming (12 March 2013). "Producing Partners Marc Abraham And Eric Newman Dissolve Strike Entertainment". Deadline. Retrieved 13 August 2026.
  2. Bing, Jonathan (9 May 2002). "Ex-Beacon prexy lights at Universal". Variety. Retrieved 28 July 2025.
  3. Mike Fleming Jr. (12 March 2013). "Producing Partners Marc Abraham And Eric Newman Dissolve Strike Entertainment". Deadline. Retrieved 11 July 2014.