Lionsgate Ups Erik Feig to Co-President of Motion Picture Group25 Feb, 2014 By: Erik Gruenwedel
Summit Entertainment executive to share duties with Steve Beeks
Lionsgate Feb. 25 promoted Erik Feig to co-president of the motion picture group — a position he will share with Steve Beeks, who is also co-COO and heads the mini-major’s home entertainment operations.
Feig joined Lionsgate when it acquired Summit Entertainment in 2012, an acquisition that included the "Twilight" franchise and spearheaded Lionsgate’s fiscal turnaround.
Indeed, Feig has been key to Lionsgate’s record 2013 film slate, which generated more than $2.3 billion at the global box office, led by the sequel to The Hunger Games, Catching Fire, the 10th highest-grossing film of all time at the domestic box office, and Summit's Now You See Me, which grossed more than $350 million worldwide.
"Erik has assembled a tremendous production slate over the past two years, and he will be a critical, innovative and disruptive part of our future as we continue to evolve as a next generation global content leader," Lionsgate CEO Jon Feltheimer said in a statement.
Feig reports to Lionsgate motion picture group co-chairmen Rob Friedman and Patrick Wachsberger in Santa Monica, Calif.