The very words of long-time head of Universal Ron Meyer. Via Movieline:

Appearing at the Savannah Film Festival to speak to students and members of the public at the Savannah College of Art & Design, special guest Meyer — founder of CAA, President/COO of Universal Studios, and the longest-running studio head of his generation — spoke openly about his fortuitous rise through Hollywood’s ranks and the many well-publicized moves Universal has made under his tenure, for better and for worse.

Some quotes pulled from Flavorwire:

Cowboys & Aliens: “Cowboys & Aliens wasn’t good enough. Forget all the smart people involved in it, it wasn’t good enough. All those little creatures bouncing around were crappy. I think it was a mediocre movie, and we all did a mediocre job with it… It happens. They’re talented people. Certainly you couldn’t have more talented people involved in Cowboys & Aliens, but it took, you know, ten smart and talented people to come up with a mediocre movie. It just happens.”

Land of the Lost: “Land of the Lost was just crap. I mean, there was no excuse for it. The best intentions all went wrong… We misfired. We were wrong. We did it badly, and I think we’re all guilty of it. I have to take first responsibility because I’m part of it, but we all did a mediocre job and we paid the price for it.”

For more of the Movieline article, go here.

For more of the Flavorwire article, go here.