Peter W. Geiger

Entertainment industry financial pioneer

Peter W. Geiger, an entertainment industry financial pioneer, died Sunday Feb. 24 in Los Angeles from complications following heart surgery. He was 74.

He began his entertainment career in New York City working for RKO Pictures. In 1951 he joined Bank of America, where he specialized in rescuing failed film financing loans.

His idea was “The Million Dollar Movie of the Week” which marked the first time feature films were sold in the syndicated television marketplace, allowing the bank to collect on previously uncollectible loans.

He served for many years as Bank of America’s senior account officer to the major Hollywood studios including Warner Bros., 20th Century Fox, Disney, Paramount Columbia.

Following his retirement from B of A in 1990, he launched his own consulting firm, the Geiger Group, which provided financing and marketing advice to theater chains and entertainment companies.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading