Ned Tanen, who served as president of both Universal and Paramount Studios, died Monday in Santa Monica at age 77, Daily Variety reported today (Tuesday). With Russ Regan, Tanen founded Uni Records in 1967, focusing initially on the psychedelic sounds of the mid-60s. After moving into film production, he brought to the screen such Universal films as Smokey and the Bandit, Coal Miner's Daughter and Melvin and Howard. As an independent producer (Chanel Productions), he turned out the brat-pack hits Sixteen Candles, The Breakfast Club and St. Elmo's Fire. Moving to Paramount in 1984, he greenlit such films as Planes, Trains and Automobiles and The Untouchables.