Company to pull back on Web interests
NEW YORK — Shooting Gallery has named Joseph Tedeschi as prexy of the company, overseeing operations and managing new business initiatives.Tedeschi, formerly co-prexy of Shooting Gallery’s interactive group, takes over for Stephen Carlis, who departed in December. Tedeschi moves into the job just after Shooting Gallery sold its client and production services business to Toronto’s Itemus in a deal worth $56 million. That deal is expected to be completed this month. “Shooting Gallery always has been aggressive in seeking fine talent,” said Larry Meistrich, chairman-CEO of Shooting Gallery. “Joseph comes to this new role with vast experience that complements a business model that both maintains our original objective to make great films and pursues new opportunities in the multimedia environment.” Tedeschi has had extensive experience with new-media business models. “We are as new-media savvy as they come,” he said. “But we haven’t forgotten the traditional ingredients of business success.” A Shooting Gallery spokeswoman said the company will pull back on its Internet interests, which Tedeschi had been handling. Before joining Shooting Gallery, Tedeschi was VP of Internet development for Primedia.
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