Karpen has served as president of Focus since 2006 and joined the company in 2003. For the past seven years, he has overseen the global business strategy and will continue to spearhead digital initiatives.
Karpen will continue to report to Schamus, but both men will now run all aspects of Focus, which Schamus co-founded with David Linde in 2002 (Linde now runs Lava Bear Films).
Focus is revving up for Cannes, where the international sales and distribution prexy will be repping Jeremy Renner-toplined “Kill the Messenger” and “Black Sea” starring Jude Law. Other Focus Features International titles include Mike Leigh’s pic about watercolorist J.M.W. Turner and an Amy Winehouse docu directed by Asif Kapadia.
Focus plans to unspool true life dramatic thriller “Kill the Messenger” next year and has animated fantasy pic “The Boxtrolls” in the pipeline.
Focus recently released Ryan Gosling starrer “The Place Beyond the Pines,” and its summer slate includes comedy “The World’s End” and suspense thriller “Closed Circuit.”
AT&T’s top line was stung by its investment in HBO Max in the fourth quarter of 2019 to the tune of $1.2 billion in “foregone licensing revenues.” The telco also continued to see rapid deterioration in its pay-TV business, losing a total of nearly 1.2 million subscribers in Q4. WarnerMedia — comprising Turner, HBO and [...]
UPDATED: The Hong Kong stock market tumbled by nearly 3% as it reopened on Wednesday. This was the first opportunity for local equities to be traded since the Chinese New Year holidays and the escalation of the coronavirus outbreak that started in Wuhan, central China. There were steep falls for some of the companies most [...]
Apple turned in stellar results for the 2019 holiday quarter — its biggest ever in terms of revenue and earnings — including strong growth in its services business and a return to growth in iPhone revenue, which climbed 8%. Revenue hit an all-time quarterly high of $91.82 billion, up 9% versus the year-ago period, for [...]
BuzzFeed News editor-in-chief Ben Smith is leaving the company to join The New York Times as its media columnist, stepping into the role once held by the late David Carr. Smith announced the news today to staff at BuzzFeed minutes before it broke publicly via NBC’s Dylan Byers. His last day will be in March, [...]
The bodies of all nine passengers aboard the helicopter that crashed in Calabasas, Calif., on Sunday have been recovered, the Los Angeles County Department of Medical Examiner-Coroner said on Tuesday. The crash took the lives of Kobe Bryant and his daughter, Gianna, along with the pilot and six others. Bryant was on his way to [...]
The sale process around Univision Communications is set to accelerate as final bids for the Spanish-language broadcaster are believed to be due by the end of next week. Univision hung out the “for sale” sign last July, when the company hired Morgan Stanley, Moelis & Co. and LionTree to advise on a sale process that [...]
I was strolling around my local flea market Sunday morning when I looked down at my phone and read the horrible news: “Kobe Bryant Dies in Helicopter Crash.” I let out an audible gasp. Of course, my utter shock instantly morphed into journalistic concerns over how we were going to cover this unfathomable news. I [...]