Reuther passed away at his home in Santa Monica, California on Saturday after a long battle with cancer.
He began his career working in the mail room at the William Morris talent agency, and went on to become an executive at Galactic Films, where he worked as an executive producer on Dirty Dancing.
Reuther later teamed up with his producing partner Michael Douglas, forming Douglas/Reuther Productions and working with him on several films including 1997's Face/Off starring John Travolta and Nicolas Cage. He served as the company's president between 1994 and 1999.
Reuther's family is planning to establish a scholarship in his name at the University of California, Los Angeles (UCLA)'s film school, according to Deadline.com.
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