A major management restructuring has seen Blockbuster executive Matthew Smith take over as president of Genius Products, reporting to CEO Trevor Drinkwater.
Genius, majority owned by the Weinstein Co., also has upped three key executives: Mitch Budin, Christine Martinez and Michael Radiloff.
The moves were made in anticipation of further growth as the company continues to build its portfolio through new and expanding brand and content partnerships as well as co-productions.
Genius Products chairman Stephen Bannon said Drinkwater is positioning the company "for Phase 2 of our aggressive growth strategy, which will focus on revenue growth and improvements in margin through brand and content partnerships, content production, intellectual property ownership and the acquisition of additional revenue streams."
Smith, who assumes the presidency effective Jan. 1, has been at Blockbuster for 17 years, most recently as senior vp media development and studios. At Genius, he will lead the company's continued retail expansion as well as the co-production and distribution of Genius films.
Genius, majority owned by the Weinstein Co., also has upped three key executives: Mitch Budin, Christine Martinez and Michael Radiloff.
The moves were made in anticipation of further growth as the company continues to build its portfolio through new and expanding brand and content partnerships as well as co-productions.
Genius Products chairman Stephen Bannon said Drinkwater is positioning the company "for Phase 2 of our aggressive growth strategy, which will focus on revenue growth and improvements in margin through brand and content partnerships, content production, intellectual property ownership and the acquisition of additional revenue streams."
Smith, who assumes the presidency effective Jan. 1, has been at Blockbuster for 17 years, most recently as senior vp media development and studios. At Genius, he will lead the company's continued retail expansion as well as the co-production and distribution of Genius films.
- 12/20/2007
- The Hollywood Reporter - Movie News
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