The movie executives behind American Pie 2 were rated the most powerful people in entertainment, according to an annual ranking that Entertainment Weekly magazine compiled.

Ron Meyer, president of Universal Studios, and Stacey Snider, chairman of Universal Pictures, were cited for a track record of 10 pictures that each earned more than $100 million domestically since 1999.

"One year of record-breaking box office totals could be written off to luck," Entertainment Weekly said. "Two years in a row might be coincidence. But now that Universal seems poised to make it three ... we've run out of excuses."

Tom Hanks was the runner-up in Entertainment Weekly's annual list of the 101 most powerful people in entertainment. CBS President Leslie Moonves, last year's top honcho, slipped to No. 3.

The rest of the top 10 were: DreamWorks SKG partners Steven Spielberg, Jeffrey Katzenberg and David Geffen; Julia Roberts; Universal Music Group chairman Doug Morris; Viacom executives Sherry Lansing and Jonathan Dolgen; talk-show host Oprah Winfrey; Tom Cruise; and HBO executives Jeff Bewkes and Chris Albrecht.