Press release from Entertainment Studios, Nov. 7, 2019:
Entertainment Studios, one of the largest independent producers and distributors of film and television, with 64 shows on the air, and owner of nine 24-hour HD television networks now serving nearly 160 million subscribers — including The Weather Channel television network and its streaming service Local Now — proudly announces the appointment of Reid Sullivan as Chief Financial Officer of Allen’s motion picture division, Entertainment Studios Motion Pictures. Sullivan is based at the Entertainment Studios headquarters in Los Angeles.
Sullivan will oversee all accounting and finance for Allen’s theatrical and digital movie distribution divisions — Entertainment Studios Motion Pictures and Entertainment Studios Digital Media. Entertainment Studios Motion Pictures theatrical movie titles include 47 METERS DOWN, HOSTILES, CHAPPAQUIDDICK, 47 METERS DOWN: UNCAGED and ARCTIC DOGS. Sullivan reports directly to Entertainment Studios Founder/Chairman/CEO, Byron Allen.
Sullivan comes directly to Entertainment Studios after 11 years as Chief Financial Officer of CBS Films – where he helped launch that start-up division of CBS Corporation. Sullivan started his career in the audit division of Arthur Andersen & Company. He then served as Director of Financial Operations for the Sony’s Columbia Pictures, and then as Vice President and Controller for Sony’s Columbia Tri-Star Film Distributors International unit. More recently, Sullivan held the position of Executive Vice President and Chief Financial Officer for Village Roadshow Pictures Entertainment, where he oversaw financing for 46 motion pictures including all three MATRIX films, OCEAN’S 11, OCEAN’S 12, and CHARLIE AND THE CHOCOLATE FACTORY. Sullivan is a Certified Public Accountant and earned a Bachelors of Business Administration in Accounting from The University of Texas at Austin.
“I am excited to join Byron Allen’s team to create additional growth and opportunities for the theatrical and digital movie divisions,” said Reid Sullivan. “Entertainment Studios Motion Pictures and Entertainment Studios Digital Media are well-positioned for tremendous growth.”
“Veteran movie finance executive Reid Sullivan is a phenomenal addition to our Entertainment Studios family,” said Byron Allen, Founder, Chairman, and CEO of Entertainment Studios. “Reid’s extensive accounting and financial experience makes him the ideal executive team leader as we continue to aggressively pursue production and acquisitions of quality content for both our theatrical and digital distribution units.”