Industry vet John Ruscin is ankling his three-year post as senior VP of acquisitions and production at 20th Century Fox to join Ticketmaster Inc. as executive VP.
Ruscin, who could not be reached for comment yesterday, will reportedly be assuming his new duties Nov. 9.
Fox production prexy Roger Birnbaum, who said Fox granted Ruskin early release from his contract so he could take “a wonderful opportunity outside our industry,” said the exec’s last day will be Friday.
Birnbaum said he will not immediately replace Ruscin but rather let the executive’s subordinate Peter Rice “do the work and see how that goes for a while.”
Sources indicate that in his new job as the second-highest ranking position in the company, Ruscin will expand Ticketmaster’s focus with the exploration of new business and marketing opportunities and furthering the company’s emergence into Europe and Asia.
Since joining Fox in October 1989, Ruscin was involved in the acquisition of such films as Alan Parker’s “The Commitments,””Ferngully … The Last Rainforest” Cannes Film Festival winner “Barton Fink,””The Pagemaster” and “Once Upon a Forest.”
When Ruscin came aboard Fox, the job was reconfigured to oversee cofinancing, third-party acquisitions, off-balance financing and strategic alliance-related deals.
Prior to Fox, Ruscin worked at MGM/UA for 6 1/2 years, lastly as senior VP of acquisitions and development for the MGM Telecommunications Group.
During his tenure at that studio, he was responsible for acquiring such pix as “Blue Steel,””Kill Me Again,””True Love,””All Dogs Go to Heaven” and “Daddy’s Dyin’ … Who’s Got the Will?”
From 1984-86, he was programming and development VP for MGM/UA Home Entertainment Group Inc. in New York, responsible for acquiring worldwide homevideo and pay-TV distribution rights.
Previously, from 1983-84 Ruscin served as planning and development VP for EUE/Screen Gems, a division of Columbia Pictures Inc., and earlier (1981-83) financial controls director for CPI.
He worked as director of management advisory services for CBS Inc. from 1979- 81.