Lionsgate has completed a division-wide restructure and reorganization of its Motion Picture Group and appointed three executives to lead new key verticals within the division under chairman Joe Drake, who announced the news Friday.
Jen Hollingsworth, Ron Schwartz and Damon Wolf will all expand their roles to cover the four verticals consolidated to strategy and innovation, marketing, distribution and content. This comes after the motion picture group laid off 15 percent of its staff in November.
Within each vertical, teams will oversee projects throughout their creative evolution and life cycle. Projects will be assigned at the beginning of the development process or acquisition, and teams will continue to oversee those projects not only through release (whether theatrically or through transactional platforms) but throughout all downstream and library ancillaries.