Fox Establishes New Division to Target Young Adults
From: Businesswire.com
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ADDING MULTIMEDIA Fox Filmed Entertainment Establishes New Division to Target Teen and Young Adult Audience; Fox Searchlight Chief Peter Rice Appointed President ----------
LOS ANGELES--(BUSINESS WIRE)--Dec. 20, 2005--Chairmen of Fox FilmedEntertainment Tom Rothman and Jim Gianopulos announced today theformation of a new creative content division specifically targetingteen and young adult audiences, the world's most avid film consumers.The new division (the name for which will be announced shortly) will berun by Peter Rice, who has signed a new five-year deal with FFE.
The division's mandate is to produce and acquire up to eight films. Itwill focus on a mix of genres including comedy, action, thriller anddrama, featuring unique, cutting-edge voices. Additionally, it ischarged with creating new media content for internet, mobile devices,and other emerging technologies. The new division will have its ownproduction and marketing staffs, while distribution will be handled through 20th Century Fox. It will work closely with the newly formedFox Interactive Media and their powerhouse brands, My Space and IGN.
Stated Jim Gianopulos: "We believe strongly in the explosive potentialof the teen and young adult audience, and that having a separatedivision geared to their aesthetic, their habits and their pace will produce strong growth for FFE. We have had great success BY segmentingour creative focus AND adding Fox 2000, Fox Animation, and FoxSearchlight to the output of TCF and are confident that under Peter'sleadership this new division will rapidly earn its place alongside."
Added Tom Rothman: "Peter is a crackerjack film executive who has beenmaking all of us at Fox look good for years. We are lucky as hell thathe has agreed not only to keep doing that for five more years, but totake on an additional new challenge to boot. We are confident that hewill both keep Searchlight, now entering its second decade ofexistence, on its perch as the classiest and most consistent entity inthe specialized business and quickly establish his new company as itsrebellious younger sibling, with nothing but growth ahead."
Peter Rice commented: "Building a new creative content division insideFox is a thrilling challenge and I thank Tom and Jim for this excitingopportunity and their faith in me. Fox is a company that encouragesbold creativity and innovation; these principles will serve us well aswe embrace new technology to create and distribute unique and memorablecontent for a targeted niche group."
Mr. Rice will continue to spearhead Fox Searchlight as President, arole he has held since 2000, with the leadership team of President ofMarketing Nancy Utley and President of Distribution Stephen Gilula.Added Mr. Rice: "At Searchlight, I have the privilege of working withthe dream team of indie film executives: Nancy Utley, Stephen Gilula,Executive Vice President of Production Claudia Lewis and Executive VicePresident Joseph De Marco. They will continue to lead the company withme as we release a wonderful slate of original and provocative films inthe coming year."
Under their leadership, Fox Searchlight has generated more than $550million at the box office and 10 nominations, including Best Picturefor SIDEWAYS. Some of the key films released during their tenureinclude SIDEWAYS, NAPOLEON DYNAMITE, 28 DAYS LATER, KINSEY, GARDENSTATE, BEND IT LIKE BECKHAM, IN AMERICA, ANTWONE FISHER, ONE HOURPHOTO, BROWN SUGAR, THE GOOD GIRL, THE DEEP END and SEXY BEAST.
2006 will mark Fox Searchlight's most aggressive and dynamic slate inits 11-year history offering an eclectic array of drama, comedy, horrorand science fiction. Amongst the films to be released are: the smashhit out of the Toronto International Film Festival Jason Reitman'sTHANK YOU FOR SMOKING, based on Christopher Buckley's acclaimed novelof the same name; NOTES ON A SCANDAL, headlining Oscar(R) winners JudiDench and Cate Blanchett and helmed by Richard Eyre from the acclaimedwriter of CLOSER, Patrick Marber; the much-anticipated SUNSHINE,re-teaming the 28 DAYS LATER filmmaking talent of Danny Boyle and AlexGarland; MARGARET, from two-time Oscar-nominated Kenneth Lonergan,produced by Scott Rudin; Academy Award(R)-nominated director MiraNair's THE NAMESAKE based on Pulitzer Prize-winning author JhumpaLahiri's novel of the same name; THE HILLS HAVE EYES, a newlyre-imagined version of Wes Craven's cult classic, directed by AlexandreAja and produced by Craven; Oscar-winning documentary director KevinMacdonald's THE LAST KING OF SCOTLAND with a powerhouse performance byForest Whitaker as Idi Amin; THE HISTORY BOYS, re-teaming theaward-winning talents of MADNESS OF KING GEORGE director NicholasHytner and acclaimed writer Alan Bennett, based on the award-winningplay of the same name that will premiere on Broadway in the spring of2006; WATER, Deepa Mehta's illuminating film that captivated audiencesopening night of the Toronto International Film Festival; TRUST THEMAN, directed by Bart Freundlich and featuring a stellar cast includingJulianne Moore, David Duchovny, Maggie Gyllenhaal, Billy Crudup and EvaMendes; NIGHT WATCH (NOCHNOI DOZOR), the highest grossing Russian filmof all time and the first of a fantasy-horror trilogy by visionarydirector Timur Bekmambetov; the sharply affectionate and witty Britishcomedies CONFETTI and IMAGINE ME & YOU; and PHAT GIRLZ, starring theoutrageous comedic talents of Mo'Nique. Fox Searchlight recently signed a three-year, first-look feature filmproduction pact with Ad Hominem Films, whose principals are SIDEWAYSDirector Alexander Payne and Screenwriter Jim Taylor, as well asveteran film producer Jim Burke. It is expected that Ad Hominem andSearchlight will begin their first production in the 2006 calendaryear. One of the world's largest producers and distributors of motionpictures, Fox Filmed Entertainment produces, acquires and distributesmotion pictures throughout the world. These motion pictures areproduced or acquired by the following units of FFE: Twentieth CenturyFox, Fox 2000, Fox Searchlight Pictures and Twentieth Century FoxAnimation.
Fox Searchlight Pictures is a filmmaker-oriented company that focuseson distinctive films helmed by world-class auteurs and excitingnewcomers. It has its own marketing and distribution operations and itsfilms are distributed internationally by Twentieth Century Fox. FoxSearchlight Pictures is a unit of Fox Filmed Entertainment, a unit ofFox Entertainment Group.
http://home.businesswire.com
ADDING MULTIMEDIA Fox Filmed Entertainment Establishes New Division to Target Teen and Young Adult Audience; Fox Searchlight Chief Peter Rice Appointed President ----------
LOS ANGELES--(BUSINESS WIRE)--Dec. 20, 2005--Chairmen of Fox FilmedEntertainment Tom Rothman and Jim Gianopulos announced today theformation of a new creative content division specifically targetingteen and young adult audiences, the world's most avid film consumers.The new division (the name for which will be announced shortly) will berun by Peter Rice, who has signed a new five-year deal with FFE.
The division's mandate is to produce and acquire up to eight films. Itwill focus on a mix of genres including comedy, action, thriller anddrama, featuring unique, cutting-edge voices. Additionally, it ischarged with creating new media content for internet, mobile devices,and other emerging technologies. The new division will have its ownproduction and marketing staffs, while distribution will be handled through 20th Century Fox. It will work closely with the newly formedFox Interactive Media and their powerhouse brands, My Space and IGN.
Stated Jim Gianopulos: "We believe strongly in the explosive potentialof the teen and young adult audience, and that having a separatedivision geared to their aesthetic, their habits and their pace will produce strong growth for FFE. We have had great success BY segmentingour creative focus AND adding Fox 2000, Fox Animation, and FoxSearchlight to the output of TCF and are confident that under Peter'sleadership this new division will rapidly earn its place alongside."
Added Tom Rothman: "Peter is a crackerjack film executive who has beenmaking all of us at Fox look good for years. We are lucky as hell thathe has agreed not only to keep doing that for five more years, but totake on an additional new challenge to boot. We are confident that hewill both keep Searchlight, now entering its second decade ofexistence, on its perch as the classiest and most consistent entity inthe specialized business and quickly establish his new company as itsrebellious younger sibling, with nothing but growth ahead."
Peter Rice commented: "Building a new creative content division insideFox is a thrilling challenge and I thank Tom and Jim for this excitingopportunity and their faith in me. Fox is a company that encouragesbold creativity and innovation; these principles will serve us well aswe embrace new technology to create and distribute unique and memorablecontent for a targeted niche group."
Mr. Rice will continue to spearhead Fox Searchlight as President, arole he has held since 2000, with the leadership team of President ofMarketing Nancy Utley and President of Distribution Stephen Gilula.Added Mr. Rice: "At Searchlight, I have the privilege of working withthe dream team of indie film executives: Nancy Utley, Stephen Gilula,Executive Vice President of Production Claudia Lewis and Executive VicePresident Joseph De Marco. They will continue to lead the company withme as we release a wonderful slate of original and provocative films inthe coming year."
Under their leadership, Fox Searchlight has generated more than $550million at the box office and 10 nominations, including Best Picturefor SIDEWAYS. Some of the key films released during their tenureinclude SIDEWAYS, NAPOLEON DYNAMITE, 28 DAYS LATER, KINSEY, GARDENSTATE, BEND IT LIKE BECKHAM, IN AMERICA, ANTWONE FISHER, ONE HOURPHOTO, BROWN SUGAR, THE GOOD GIRL, THE DEEP END and SEXY BEAST.
2006 will mark Fox Searchlight's most aggressive and dynamic slate inits 11-year history offering an eclectic array of drama, comedy, horrorand science fiction. Amongst the films to be released are: the smashhit out of the Toronto International Film Festival Jason Reitman'sTHANK YOU FOR SMOKING, based on Christopher Buckley's acclaimed novelof the same name; NOTES ON A SCANDAL, headlining Oscar(R) winners JudiDench and Cate Blanchett and helmed by Richard Eyre from the acclaimedwriter of CLOSER, Patrick Marber; the much-anticipated SUNSHINE,re-teaming the 28 DAYS LATER filmmaking talent of Danny Boyle and AlexGarland; MARGARET, from two-time Oscar-nominated Kenneth Lonergan,produced by Scott Rudin; Academy Award(R)-nominated director MiraNair's THE NAMESAKE based on Pulitzer Prize-winning author JhumpaLahiri's novel of the same name; THE HILLS HAVE EYES, a newlyre-imagined version of Wes Craven's cult classic, directed by AlexandreAja and produced by Craven; Oscar-winning documentary director KevinMacdonald's THE LAST KING OF SCOTLAND with a powerhouse performance byForest Whitaker as Idi Amin; THE HISTORY BOYS, re-teaming theaward-winning talents of MADNESS OF KING GEORGE director NicholasHytner and acclaimed writer Alan Bennett, based on the award-winningplay of the same name that will premiere on Broadway in the spring of2006; WATER, Deepa Mehta's illuminating film that captivated audiencesopening night of the Toronto International Film Festival; TRUST THEMAN, directed by Bart Freundlich and featuring a stellar cast includingJulianne Moore, David Duchovny, Maggie Gyllenhaal, Billy Crudup and EvaMendes; NIGHT WATCH (NOCHNOI DOZOR), the highest grossing Russian filmof all time and the first of a fantasy-horror trilogy by visionarydirector Timur Bekmambetov; the sharply affectionate and witty Britishcomedies CONFETTI and IMAGINE ME & YOU; and PHAT GIRLZ, starring theoutrageous comedic talents of Mo'Nique. Fox Searchlight recently signed a three-year, first-look feature filmproduction pact with Ad Hominem Films, whose principals are SIDEWAYSDirector Alexander Payne and Screenwriter Jim Taylor, as well asveteran film producer Jim Burke. It is expected that Ad Hominem andSearchlight will begin their first production in the 2006 calendaryear. One of the world's largest producers and distributors of motionpictures, Fox Filmed Entertainment produces, acquires and distributesmotion pictures throughout the world. These motion pictures areproduced or acquired by the following units of FFE: Twentieth CenturyFox, Fox 2000, Fox Searchlight Pictures and Twentieth Century FoxAnimation.
Fox Searchlight Pictures is a filmmaker-oriented company that focuseson distinctive films helmed by world-class auteurs and excitingnewcomers. It has its own marketing and distribution operations and itsfilms are distributed internationally by Twentieth Century Fox. FoxSearchlight Pictures is a unit of Fox Filmed Entertainment, a unit ofFox Entertainment Group.
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