With Barry Diller’s acquisition of October Films and former Polygram assets including Gramercy Pictures expected to close within days, the top management structure of the newly formed USA Films is beginning to take shape under chairman Scott Greenstein and president Russell Schwartz.
Former Gramercy marketing exec VP Steven Flynn has been tapped to head up marketing for the combined company, while former October distribution president Jack Foley will oversee distribution.
Meanwhile, USA acquired its first finished film, the Palme d’Or-winning French-language pic “Rosetta” at the recently wrapped Cannes Film Festival.
Gramercy distribution topper Paul Rosenfeld recently ankled the company. Last month, October marketing president Dennis Rice asked to be let out of his contract, according to sources. Rice, who came to October from Buena Vista Home Video last year, is said to have fielded a number of offers for top marketing positions.
Also leaving the company is Peter Frank, Gramercy senior VP of finance.
In an indication that the Gramercy and October teams have begun to mesh, “Rosetta” was acquired by Stephen Raphael, a former marketing VP at Gramercy, and Peter Kalmbach, a former director at October.
Once the acquisition deal closes, expected as early as Tuesday, the company will change its name to USA Films, and October and Gramercy will cease to exist.
Foley joined October about a year ago after serving for a year and a half as film buyer for Gotham-based City Cinemas.
Prior to joining City, Foley served as president of distribution at Miramax Films for about three years. Before that, he was head of distribution at MGM/UA for six years.
Before joining Gramercy, Flynn held senior marketing posts at Orion Pictures and United Artists Theaters.