Cineflix Studios taps Peter Smith as CEO

Former NBCU Intl. prexy to lead expansion into scripted prod'n

Montreal-based Cineflix Media is adding more executive heft to its production operations with the appointment of former NBCUniversal Intl. chief Peter Smith as CEO of Cineflix Studios.

Based in London, Smith will spearhead the company’s push to produce scripted programming for the U.K., U.S. and Canuck markets. Christina Wayne, the Gotham-based prexy of Cineflix Studios, will report to Smith.

Smith said he was drawn to the Cineflix opportunity because of its existing exec team and because the parent company has the resources to fund its expansion in the scripted arena. Cineflix Media is an established producer of unscripted fare for Canadian TV outlets. “Copper,” Cineflix’s first U.S. drama series production, bowed last week on BBC America.

“They’ve got a track record of success in non-scripted and good strong cash flows,” Smith told Variety. “There’s a real opportunity to build a significant business here. Building businesses was the part of my job that I really enjoyed at NBCUniversal.”

Cineflix aims to develop high-end programs that can be shopped to networks in multiple territories, though its primary focus will be to cater to the needs of networks in each of its target markets. “Your show has to work in its home market or you won’t get another commission,” Smith said.

Cineflix faces a number of competitors that are focused on a similar import-export development strategy, including EOne and Gaumont Intl. NBCUniversal, Fox and Sony Pictures are also plowing significant resources into building up overseas production operations with an eye toward selling shows and formats around the world.

“We’re going to be in a competitive environment,” he said. “We’ll have to slug it out with them and go for quality material.”

Smith spent 11 years in exec posts at Universal Pictures Intl. Entertainment and NBCU Intl. He stepped down last year amid the management shakeup at the Peacock following the Comcast takeover.

Filed Under:

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: Logo

You are commenting using your 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 TV News from Variety