Rob Friedman has left International Street Leisure, IM International, and Open Street Motion pictures as chairman and leader govt officer two months after International Street filed for Bankruptcy 11 chapter coverage.
Friedman, who has held best govt posts at Lionsgate, Summit, Paramount, and Warner Bros., used to be anticipated to leave the positions at International Street, which used to be introduced in 2017 through U.S.-China dealer Donald Tang’s Tang Media Companions. International Street is the mix of Open Street Motion pictures, the Oscar-winning studio at the back of “Highlight” that Tang Media Companions bought in 2017 for $28.eight million, and IM International, a gross sales and manufacturing corporate that it purchased in 2016 for a rumored $200 million.
On the time of the disclosing of International Street, Tang stated he was hoping to liberate roughly 15 motion pictures a yr, whilst that specialize in bridging the cultural and industry divide between China and the U.S. However the distribution operations sustained field workplace flops with “Lodge Artemis” and “A.X.L.,” then pulled the Johnny Depp mystery “Town of Lies” from its slate. Lenders took over the operations after the chapter submitting.
Friedman, who left Lionsgate in overdue 2016, got here on board to Tang Media in mid-2017 in a while after longtime IM International founder and leader Stuart Ford used to be ousted. The Tang firms had been re-branded as International Street Leisure in October, 2017.
Friedman introduced his occupation in 1970 within the mailroom at Warner Bros. and sooner or later turned into resident of globally promoting and exposure.In 1997, he turned into vp of the Paramount Movement Footage Workforce and added the position of leader running officer.
Friedman joined Patrick Wachsberger as co-chairman and CEO of Summit Leisure in 2007, then joined Lionsgate in 2012 when Summit used to be bought through Lionsgate. He served as co-chairman of Lionsgate Movement Image Workforce prior to leaving two years in the past. The scoop used to be first reported through Cut-off date Hollywood.