A former editor of THE NEW YORK TIMES MAGAZINE, Obst moved into film production in 1979, first with the Casablanca/Polygram company, where she was involved in the development of "Flashdance" (1983). After a three-year stint at The David Geffen Company, Obst teamed with producer Debra Hill to form Hill/Obst Productions, which was responsible for "Adventures in Babysitting"…
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