Rumors of Spielberg’s wrath on the matter have been exaggerated.
I think that that would be very callous of them to do, frankly. This is someone that Universal respects immensely because his movies are often associated with them, and because they made them lots and lots of money. To be waiting for him to pass so they can say, “oh, sad...anyway!”, does not add up for me.
With all due respect but if it isn't on a written agreement (and I expect it isn't) Universal can do whatever they need to do. Universal Studio Parks aren't Disney, they change. No familie member can do anything about that and Kathleen Kennedy, well she probably cares as much about ET as she does about Star Wars, not much looking at the result, and she is on the mouse side so there is no reason she would be able to do anything.
Never mind advocate, he gets a percentage of the gate, and has a contractual clause that lets him demand a balloon lump sum if he wants to cash out. Not someone to piss off.
Like any other consultant, I'd imagine he's probably kept in the loop and asked his opinion.
He was extremely involved in the Orlando parks for the first 10-12 years. I’m guessing not so much since the Potter era started.
I found the deal once, I think it is 2% but will need to check again
www-celebritynetworth-com.cdn.ampproject.org
His consultancy is for rides and attractions based on his movies. Still gets 2 percent of the gate though. I thought there was a merch angle too but might be separate.
For development of USF in late 1980s and IOA through mid 90s I think he technically helped out with pretty much all of it. But of course he worked more closely on things with his name attached, (ET, JAWS, BttF, Fievel, JP, MiB, etc etc).
