"We've had our ups and downs for the last 18 months," Burke said at the Bank of America Merrill Lynch Investor Conference in Beverly Hills on Thursday. Among Universal's disappointments this year were "Battleship" and "The Five-Year Engagement."
"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."
-- Joe Flint, Los Angeles Times