"I think people are really responding to how cool, unique and distinct he is," Warner Bros. Motion Pictures President Jeff Robinov told TheWrap
Warner did not release the terms or length of the deal with its production president
The deal that was set to expire in 2013 now runs through 2015
The independent division will shrink from the current staff of 50 to about 35, TheWrap has learned
In the post-Horn era, the new co-president plans to make eight tentpoles per year, up from the current four to six
The public shunning by Bradley Cooper, Zach Galifiniakis et al just snuffed any glimmer of career rehabilitation
The new co-president at Warner Brothers studio has gone back to his wife; court papers expected this week
Analysis: The decision to keep Barry Meyer buys more time -- but the pressure of change in the entertainment industry may demand decisiveness rather than accommodation
As Horn exits next April, the new "Office of the President" becomes triumvirate of Jeff Robinov, Bruce Rosenblum and Kevin Tsujihara
In 2009, the studio became the first ever to surpass the $2 billion mark domestically
Also becomes president of New Line Records
Will have full oversight of film development and budgeting.
Move comes one week after Disney snapped up rival Marvel for $4 billion
We could be seeing a lot more of the studio's upcoming "Arthur," "Yogi Bear" and "Jack the Giant Killer"