Rosenberg joined Imagine in 1988 as VP of marketing and distribution. In 1998, he was promoted to the presidency.
During Rosenberg’s tenure, Imagine has produced films that have generated worldwide revenues of more than $13.5 billion and won 10 Oscars.
“While he has been a valued partner since he came to Imagine, during the past few years Michael has become more directly involved with Ron and me in creating company strategies and planning the future of Imagine,” Grazer said. “He is an asset to the company in more ways than one and a man we respect.”
Howard said in a statement: “Michael continues to be an incredible marketing distribution strategist with strong business instincts on expanding the imagine brand. He is not only an integral part of the company’s life, he is also a genuine friend.”
Prior to joining Imagine, Rosenberg was president of the Saul Zaentz production company, which produced “One Flew Over the Cuckoo’s Nest,” “The English Patient” and “Amadeus.”
Imagine recently released “Rush,” which has global box office grosses of close to $100 million, and is currently filming Howard’s Chris Hemsworth starrer “Heart of the Sea,” the biopic “Pele” and Tate Taylor’s James Brown biopic “Get On Up.” The company is in post-production on “The Good Lie,” starring Reese Witherspoon, and is in pre-production on the film version of Dan Brown’s book “Inferno.”
Imagine Television has “Parenthood” currently airing on NBC, is shooting “Those Who Kill” for A&E and “Gang Related” for Fox and is in pre-production on “24: Live Another Day.”