UPDATE: Ross Leaves Restructured Lions Gate26 Jan, 2005 By: Kurt Indvik
Longtime Family Home Entertainment chief Glenn Ross is departing Lions Gate Entertainment in a restructuring that will broaden the scope of the division, renamed Family Entertainment.
The name change reflects Lions Gate's interest in expanding family entertainment products beyond the home video market, said Steve Beeks, Lions Gate Entertainment president.
“What you're going to see more from us in the future is our presence and commitment in family entertainment that goes beyond the home entertainment business, expanding in particular into theatrical and TV programming,” Beeks said.
Lions Gate also announced the expansion of duties of three key executives. Anne Parducci has been named to the newly created opposition of EVP in charge of Family Entertainment and marketing for both that division and all Lions Gate Home Entertainment products, including new and library releases. Parducci will report to Beeks. She joined Lions Gate earlier last year as EVP, marketing, after 14 years at Mattel, where she had most recently been SVP, business development, after leading the company's marketing efforts for such key brands as Barbie and Polly Pocket.
EVP Ken Katsumoto who has been responsible for the creative, business development and production of all Lions Gate family entertainment-oriented properties for the past five years, will take on additional duties in acquisition and development of family product for TV and theatrical distribution.
Also, Lions Gate announced it has promoted director of marketing Michael Rathauser to VP, Family Entertainment.
Both executives will report to Parducci.
“This is more of a team approach,” than in the past, Beeks said. “The fact that we now have three primary executives focused on this effort is indicative of our growing commitment to the family entertainment business.”
Ross, whose departure is effective immediately, joined the company seven years ago while it was Artisan Home Entertainment. As president of Lions Gate Family Home Entertainment, he was the principal leader for the group, developing branded video products for such major brands as Barbie, Clifford the Big Red Dog, The Care Bears and others.
“I am particularly proud of my role in building the Family Home Entertainment (FHE) brand to the status that it currently enjoys,” Ross said.
He said he would be looking forward to announcing his own plans soon.
Beeks called Ross a “great friend” and said he looked forward to the possibility that the two longtime colleagues might do business together in the future.