The co-chairman of the Lionsgate Motion Picture Group, a 40-year Hollywood veteran who has also worked at Warner Bros., Summit and Paramount, is stepping down from his post.
Variety reports that Rob Friedman is exiting his position and has been named special adviser to CEO Jon Feltheimer.
Along with Patrick Wachsberger, Friedman was a key to the expansion of Summit and the “Twilight” franchise, which led to Lionsgate buying out Summit for $412 million in 2012, Variety notes.
Feltheimer is quoted saying: “Rob has played an integral role in leading the successful growth and diversification of our Motion Picture Group over the past four years, and he has helped assemble one of the strongest and most exciting film slates in our history. We look forward to his continued guidance and counsel in navigating a fast-changing industry environment. In his capacity as my special advisor, he will be working closely with me on our OTT platforms, Atom Tickets partnership, and other new ventures.”
Variety adds: “The Motion Picture Group will continue to be run by its current leadership team that includes Wachsberger as Motion Picture Group co-chair; Co-President Erik Feig; Co-COO Steve Beeks; Chief Brand Officer and President of Worldwide Theatrical Marketing Tim Palen; President of Acquisitions & Co-Productions Jason Constantine; and President of Domestic Theatrical Distribution David Spitz.”