×

Open Road Re-Ups CEO Tom Ortenberg Through 2018

Distributor has had several box office hits led by 2012 thriller 'The Grey'

Open Road Films has extended CEO Tom Ortenberg’s contract through 2018, the company announced Wednesday.

Ortenberg took the post when the company was founded in 2011 by the nation’s largest theater chains, AMC Entertainment and Regal Entertainment Group. Since then, the distributor has had some notable box office successes, including the Liam Neeson wilderness thriller “The Grey,” which grossed $51 million in 2012.

Under Ortenberg’s leadership, Open Road also recently secured an extension of its $100 million revolving credit facility, as well as premium pay-TV deals with Showtime through 2020.

“We are thrilled with the job that Tom and his team have done in launching Open Road,” said Gerry Lopez, CEO of AMC and Amy Miles, CEO of Regal, in a joint statement.  “We look forward to working with him for many years to come as we continue to grow the company.”

Prior to joining Open Road, Ortenberg served as president of theatrical films at the Weinstein Co. Before that, he spent more than 12 years with Lionsgate in various executive positions.

Popular on Variety

More Film

  • Demi Lovato

    Demi Lovato Joins Netflix Comedy 'Eurovision'

    Demi Lovato has joined the upcoming Netflix comedy film “Eurovision.” Will Ferrell, who co-wrote the film with Andrew Steele, announced the news Tuesday with an Instagram post, in which he wished Lovato a happy birthday with a “homemade” cake. Following the announcement, Lovato can be seen blowing out candles on the cake next to a “Eurovision” [...]

  • Rob Schneider'The Week Of' film premiere,

    Film News Roundup: Rob Schneider Wins SAG-AFTRA National Board Seat

    In today’s film news roundup, Rob Schneider wins a SAG-AFTRA board seat; “Badland,” “Sorry We Missed You” and “Extracurricular” find homes; and “The Shawshank Redemption” gets a re-release.  SAG-AFTRA Rob Schneider has won a SAG-AFTRA national board seat as a member of presidential candidate Matthew Modine’s progressive Membership First slate. Schneider won a four-year term [...]

  • This photo shows actor David Oyelowo

    David Oyelowo Joins George Clooney in 'Good Morning, Midnight' Adaptation (EXCLUSIVE)

    David Oyelowo is in final negotiations to join George Clooney in Netflix’s untitled adaptation of Lily Brooks-Dalton’s 2016 novel “Good Morning, Midnight,” sources tell Variety. Felicity Jones and Kyle Chandler are also on board, with Clooney set to helm the pic — his first feature film directing gig since 2017’s “Suburbicon.” “The Revenant” screenwriter Mark [...]

  • Disney Delays 'Cruella,' 'Woman in the

    Disney Delays 'Cruella,' 'Woman in the Window'

    Disney is shaking up its release calendar, delaying its live action “Cruella” until Memorial Day 2021 and pushing Fox 2000 drama “The Woman in the Window” to 2020. “Cruella,” starring Emma Stone, is based on the classic “101 Dalmatians” villain Cruella de Vil. The revisit to Disney’s animated classic was originally set to hit theaters [...]

  • Spider-Man Could Leave the Marvel Cinematic

    Spider-Man Could Leave MCU if Disney, Sony Can't Reach Financing Deal

    Disney’s Marvel Studios and Sony Pictures have hit an impasse on new financing terms for upcoming Spider-Man movies, sources have told Variety. If a deal cannot be reached, Marvel Studios president Kevin Feige will not produce future Spider-Man films, effectively removing Tom Holland’s Spider-Man from the Marvel Cinematic Universe. Reps for Disney, Marvel and Sony [...]

More From Our Brands

Access exclusive content