Jeff Robinov, former president of Warner Bros. Motion Picture Group, is close to officially severed his ties with the studio and is now free to pursue his next gig.

Sources close to the situation say he will not get a cash settlement and that instead the studio will continue to pay him until his contract runs out at the end of next year unless he takes another job which would allow Warners to no longer be required to pay him for the remainder of his contract.

Even with this settlement on terms, it is unlikely Robinov would take a take a job before his stock and pension vest in mid-November.

Robinov was let go when Warner Bros. CEO Kevin Tsujihara was named worldwide marketing and distribution president Sue Kroll, president of creative development and worldwide production Greg Silverman and New Line president/COO Toby Emmerich to oversee the studio's operations.

Where Robinov will end up is still a mystery, though the rumor for the past few months has him ending up at Fox in a position under chairman of Fox Filmed Entertainment Jim Gianopulos. Insiders on the lot say the word is he would start in January or February -- but as of now, that's still a rumor.

The big aspect of why Robinov would not take a job at Fox would have to do with the greenlight process, which would still run through Gianopulos, and his something Robinov would want a bigger say in.

Robinov still has strong ties with creative talent -- so much so that sources have been saying that Warners has been trying hard to make sure all the talent still associated with the studio is kept happy so that there isn't a chance for Robinov to woo the talent to the studio where he lands.

Robinov had been with Warners since 1997, following five years as a lit agent at ICM, where he repped writers and directors including the Hughes brothers, Wachowski siblings, Chris McQuarrie and McG. He's known for his talent relationships with filmmakers including Christopher Nolan, Ben Affleck, Zack Snyder and Baz Luhrmann.

Warner Bros. had no comment. Deadline Hollywood first reported the news.

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