Mary Parent, former co-CEO and chair of MGM's Worldwide Motion Picture Group, has accepted a first look production deal with Paramount, TheWrap has confirmed.
Parent stepped down from MGM in October, as the studio was preparing to enter a prepackaged bankruptcy.
Parent, a well-regarded producer at Universal, joined the studio in 2008, but MGM's financial problems derailed several high profile projects she hoped to make, such as a James Bond sequel and a remake of "Robocop." Indeed, so dire did the studio's fiscal issues become that Parent was left with little to do as production essentially was put on ice.
