Acknowledging that the movie business is "not for the faint of heart,"
Chief Executive Steve Burke said he'd like to see more
and more franchise films out of Universal in the years ahead.
"We'd like to see 'Ted 2' as soon as we can," Burke said.
Burke is hoping for more from the Universal Pictures-backed animation shop Illumination Entertainment. The plan is for Illumination to go from making one film every 18 months to two a year, Burke said. Next year, Illumination will release a sequel to "Despicable Me."