Goldcrest, IAC part ways

LONDON — Two years after their merger, Goldcrest Films Intl. and IAC are splitting up again.

Goldcrest chairman John Quested will take over the chief exec’s duties from Guy Collins, who is departing to relaunch IAC as a separate company. For the past two years IAC has traded as a wholly-owned subsidiary of Goldcrest.

Under Quested’s sole leadership, Goldcrest will continue to finance, produce, acquire and sell feature films, including its library of 80 titles and all the films made under the partnership with IAC over the past two years. In the future it will concentrate particularly on producing animated movies.

Goldcrest is also planning to build a full-service post-production facility in New York to match its well-established post house in London.

IAC will resume its old financing and sales business, retaining its own catalog of 500 programs.

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