You will be redirected back to your article in seconds

Block leaves post at Lionsgate

President of acquisitions, co-productions exits

Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post.

Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake as co-chief operating officer and prexy of the Motion Picture Group.

Drake came aboard in September when Lionsgate bought Mandate Pictures, which he continues to run along with his other duties.

The two execs had their differences, but a person with knowledge of the situation said Block already was looking to segue when the Mandate acquisition came about.

Block’s run at Lionsgate encompassed some of the indie company’s most successful years. He joined Lionsgate in 2000 from a senior exec position at Trimark, leveraging his experience in homevideo and new media to help Lionsgate exploit its sizable film library and reach genre fans online.

A company insider said Block’s departure was not a prelude to a larger exec reshuffling.

More Film

  • Dubai: Mohamed Hefzy's Film Clinic Boards

    Dubai: Mohamed Hefzy's Film Clinic Boards Abu Bakr Shawky's 'Yomeddine' (EXCLUSIVE)

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

  • China Box Office: ‘Coco’ Stays Tops

    China Box Office: ‘Coco’ Stays Tops Ahead of ‘Paddington 2’

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

  • IFFAM: Pang Ho-cheung Readies Three Part

    IFFAM: Pang Ho-cheung Readies Martial Arts Three-Parter

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

  • IFFAM: ‘Newton’ Star Rajkummar Rao Signs

    IFFAM: ‘Newton’ Star Rajkummar Rao Signs Horror Comedy

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

  • ‘God’s Own Country’ Wins Big at

    ‘God’s Own Country’ Wins Big at British Independent Film Awards

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

  • Loving Vincent Animation Oscars

    ‘Loving Vincent’ Passes $20 Million at Worldwide Box Office

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

  • I Tonya trailer

    Margot Robbie's 'I, Tonya' Soars in Opening Weekend

    Peter Block, prexy of acquisitions and co-productions for Lionsgate, is ankling his post. Block, who played a pivotal role in establishing the “Saw” franchise and key pickups like “Crash” and “Open Water,” had been working without a contract for several months, but the tenuousness of his position had increased with the arrival of Joe Drake […]

More From Our Brands

Access exclusive content