Peter Strauss, former topper at Intl. Movie Group, has been named president of Lions Gate Entertainment, a new U.S. subsidiary that will serve as the parent company for all of the Canadian entertainment conglom’s U.S. corporations.
As prexy, Strauss will be the senior Lions Gate exec in the U.S., and will possess corporate oversight responsibility for the company’s U.S.-based motion picture activities, which includes its co-venture with Peter Guber’s Mandalay Pictures.
Currently, five key groups fall under the Lions Gate banner: the Mandalay pics co-venture, Mandalay Television, Lions Gate Films, Lions Gate Media and Lions Gate Studios.
Strauss has been working with Lions Gate in a consulting capacity for several months. Previously, he served as chairman, CEO and president at International Movie Group, where he exec produced more than 30 films. Earlier in his career, Strauss was exec veepee and director of Allied Artist Pictures Corp., where he oversaw production of 15 films, including “Cabaret,” “Papillon” and “The Man Who Would Be King.”
Strauss held other executive posts at Rastar Films and Panache Prods.