By Indiewire | Indiewire August 14, 2003 at 2:00AM
Gill Names Federbush and Bing to Posts at Warner Independent
by Eugene Hernandez
The team at the recently launched Warner Independent Pictures is beginning to take shape. Mark Gill confirmed Wednesday that he has hired two executives to handle the company's production and acquisitions activities. Paul Federbush has been named Sr. VP of Production and Acquisitions while Tracey Bing has been named VP of Production and Acquisitions.
Federbush is joining the new Warner specialty unit from Gaylord Films/Pandora, where he served as VP of acquisitions and co-production, while Bing was director of co-productions at Paramount Classics for two years before leaving earlier this year. Federbush previously served as VP of acquisitions and production at New Line and Fine Line, where he worked for five years, while Bing was previously director of development at Black Swan Productions.
"Paul and Tracey will make a formidable team in the acquisitions, co-production and production arena," Gill said in a prepared statement. "They're both exceedingly smart, insanely hard-working and personable, and they have proven good taste and a love of quality movies."
In a conversation with indieWIRE on Wednesday, Mark Gill said that he is planning to hire more than 15 people to staff Warner Independent Pictures. He is currently negotiating to secure heads of other key departments, such as distribution, public relations, business affairs and other key staff. Additional announcements are due to be made in the next few days, perhaps as early as Thursday.
Speculation about who would fill key posts at the new company has swept through the film community over the past week since Warners made the announcement that it would indeed launch its own "classics division." A number of names were bandied about within industry circles ahead of Wednesday's announcement by Gill.
Federbush and Bing will be on the festival circuit in their new positions, scouting for projects in Telluride and Toronto. Gill told indieWIRE that he will join Federbush and Bing at the Toronto fest next month.
Warner Bros. Entertainment announced the launch of Warner Independent on August 7th, officially naming Gill to serve as president of the new autonomous film label. The unit will release 5 - 10 pictures per year, Gill told indieWIRE on the day of the announcement, each budgeted at up to $20 million.