Former Universal Pictures chairman Adam Fogelson will be named chairman of the Motion Picture Group for the new, next generation film and television studio being led by Robert Simonds, the company announced Wednesday.
Fogelson, who most recently led Universal Pictures to three of the most successful years in that studio’s history, will oversee all aspects of the motion picture group for Simonds’ new studio, including its production, marketing, distribution and home entertainment strategy.
The studio is currently ramping up to finance and self-release up to 10 major motion pictures a year, primarily in the $20-$60 million budget range.