Back to IndieWire

HR: Friedman, Wachsberger form new studio

HR: Friedman, Wachsberger form new studio

Heralding the launch of a new studio backed with $1 billion of financing, Summit Entertainment has named former Paramount COO Rob Friedman the CEO of the venture, with Summit CEO Patrick Wachsberger taking the studio president post, according to The Hollywood Reporter. Both will also serve as co-chairman, according to the trade paper. The new entity is expected to produce, acquire, market, distribtute and sell films considered, in the words of the story, “studio commercial fare.” Wachsberger will also head the new Summit International sales arm. Greg Goldstein reports.

Sign Up: Stay on top of the latest breaking film and TV news! Sign up for our Email Newsletters here.

This Article is related to: Uncategorized and tagged

Get The Latest IndieWire Alerts And Newsletters Delivered Directly To Your Inbox