Lionsgate may not want any turbulence as it looks for a buyer, but an executive reshuffling is in the works, The Hollywood Reporter has learned.
Sources say Motion Picture Group co-president Erik Feig has been raising money to launch a new company focused on youth-oriented projects, while Motion Picture Group co-chairman Patrick Wachsberger also plans to leave within months. Lionsgate is likely to be a major investor in Feig's company.
An executive with knowledge of the situation says Lionsgate CEO Jon Feltheimer and vice chairman Michael Burns had hoped Feig would remain for another year, presumably to give them time...
Sources say Motion Picture Group co-president Erik Feig has been raising money to launch a new company focused on youth-oriented projects, while Motion Picture Group co-chairman Patrick Wachsberger also plans to leave within months. Lionsgate is likely to be a major investor in Feig's company.
An executive with knowledge of the situation says Lionsgate CEO Jon Feltheimer and vice chairman Michael Burns had hoped Feig would remain for another year, presumably to give them time...
- 2/20/2018
- by Kim Masters
- The Hollywood Reporter - Movie News
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