Tom Ortenberg is leaving his post as chief executive officer of Open Road Films, six years after taking the post and 18 months after the distribution-marketing company scored a best picture Oscar for "Spotlight."Ortenberg was hired in 2011 as the founding CEO of the company, which was formed by theater chains AMC Theatres and Regal Entertainment Group. Ortenberg will remain through the year’s end to help in the management transition.The departure comes three days after China’s Tang Media Partners —...
A savvy, highly experienced exec with great taste, Open Road’s CEO shepherded “Spotlight” to a surprise but well-deserved best picture Oscar win in 2016. At the helm of Open Road Films since its inception six years ago, Ortenberg, a former Lionsgate and Weinstein Co. exec, has overseen other critical and commercial successes such as “Killer Elite”; “The Grey,” starring Liam Neeson; “End of Watch”; the Oscar-nominated “Nightcrawler”; “Chef”; and “The Nut Job,” which, at more than $25 million at the B.O., had the highest opening for an indie animated film.
Recent releases include the thriller “Triple 9”; Garry Marshall’s romantic comedy “Mother’s Day,” Oliver Stone’s “Snowden”; and Cannes market pick-up “Bleed For This.” Upcoming titles include Reginald Hudland’s “Marshall,” about the early life of Thurgood Marshall, the first black Supreme Court justice; and romance “Midnight Sun,” starring Bella Thorne and Patrick Schwarzenegger.
Founded by exhibition giants AMC Entertainment and Regal Entertainment Group, Open Road was recently acquired by global entertainment company Tang Media Parters, which looks to Ortenberg to lead what has become a top independent distribution company. Open Road recently ventured into production and international distribution, an area that will be facilitated by IM Global, acquired by TMP in 2016.