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New Line lifts Matthews

Finance exec advises on int'l tax, labor issues

Andrew Matthews has been promoted to exec veep of finance and international affairs at New Line.

Matthews, who will remain based in Los Angeles, had been senior veep of finance and international affairs. He will continue to serve as an international liaison for film and television production for all New Line and Fine Line projects. In this capacity, he advises on international tax and labor issues and financial matters. He is also a senior veep of business and legal affairs for the studio.

Among the projects in which Matthews is involved are the second and third installments of “The Lord of the Rings” trilogy, shot on location in New Zealand, as well as the third installment in the “Austin Powers” franchise. Other pics under his purview are “Blade II,” “Final Destination 2,” “About Schmidt” and “Simone.” In past years he has worked on films including “Rush Hour 2,”

“Austin Powers: The Spy Who Shagged Me” and “Magnolia.”

“We are thrilled to recognize Andrew’s achievements with this promotion,” said Paul Prokop, co-president of physical production for New Line. “His tremendous creativity and negotiating prowess, particularly with the challenges imposed by overseas productions on the scale of ‘The Lord of the Rings’ trilogy, have made an invaluable contribution to our global production operations and helped us expand our reach across the world.”

Matthews joined New Line in 1993 as director of special projects. His responsibilities ranged from researching foreign production alternatives to supervising foreign tax, finance, immigration and customs issues on projects filmed overseas. In 1995, he was named director of business and legal affairs. He was promoted to exec director in 1996 and veep the following year. Matthews was also responsible for negotiating employment agreements for writers, producers, directors and actors, as well as other related production and acquisition agreements.

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