The executive shakeup at New Regency continued Monday, with word that COO/CFO Louis Santor is leaving "to pursue other opportunities." The company said Santor, a nearly 20-year veteran of New Regency, helped select his replacement as CFO, former Groundswell Productions president Jonathan Fischer. Fischer joined Groundswell as COO in 2008 and was named president in 2010. Before that, he was CFO at Intrepid Pictures, and before that, he was vice president, strategic and business development at Universal Pictures. Santor will remain with the company to assist with the transition through the summer. Robert Corzo,...
- 3/12/2012
- by Joshua L. Weinstein
- The Wrap
Los Angeles, CA (March 12, 2012) – New Regency COO/CFO Louis Santor is exiting his post this July, it was announced today by company president and CEO, Brad Weston. Over the past month, the seasoned executive has worked with company chairman Arnon Milchan and Weston to help select his successor, Jonathan Fischer, who has been appointed to the post of chief financial officer. Santor will be staying on for a transitional period through the summer, as a consultant working alongside Fischer. Santor, a 20-year veteran of the company, is moving on to pursue a number of opportunities and new challenges which have presented themselves over the past several months. He has been instrumental in the company’s past successes, including most recently securing the renewal of the bank line of credit. Long-time deputy CFO, Robert Corzo, will be staying on in an increased capacity. Fischer most recently served as president of Groundswell Productions,...
- 3/12/2012
- by MIKE FLEMING
- Deadline
Michael London's Groundswell Prods. has completed a management-led restructuring.
The moves, assisted by Comerica Entertainment Group, puts the 4-year-old indie film company on new fiscal footing following a pullout by hedge fund Tpg-Axon, its equity partner the past three years. Comerica, which previously funded a $135 million credit facility for the company, has agreed to provide a new facility of about $50 million in line with Groundswell's sharpened business plan.
As part of the new game plan, Groundswell will seek equity partnerships on film co-productions and selectively seek studio money for certain projects. London, who continues to serve as Groundswell CEO, said the move from a wholly independent model reflects the tough times for indies.
"We'll have more control and can work within the studio structure," London said.
London and partner Jonathan Fischer -- elevated from COO to president in the recently completed restructuring -- bought out Tpg-Axon's interest in Groundswell...
The moves, assisted by Comerica Entertainment Group, puts the 4-year-old indie film company on new fiscal footing following a pullout by hedge fund Tpg-Axon, its equity partner the past three years. Comerica, which previously funded a $135 million credit facility for the company, has agreed to provide a new facility of about $50 million in line with Groundswell's sharpened business plan.
As part of the new game plan, Groundswell will seek equity partnerships on film co-productions and selectively seek studio money for certain projects. London, who continues to serve as Groundswell CEO, said the move from a wholly independent model reflects the tough times for indies.
"We'll have more control and can work within the studio structure," London said.
London and partner Jonathan Fischer -- elevated from COO to president in the recently completed restructuring -- bought out Tpg-Axon's interest in Groundswell...
- 1/24/2010
- by By Carl DiOrioand Gregg Kilday
- The Hollywood Reporter - Movie News
New York -- Groundswell Prods. has appointed Jonathan Fischer as its new Coo.
While not taking the title of Cfo at the indie film outfit, he will fulfill the duties of outgoing Cfo Peter Herzig, who is now focusing on film finance consulting work.
Janice Williams has been promoted from vp physical production to head of physical production. The exec is now on the east coast for the filming of Andrew Jarecki's detective drama "All Good Things," slated for distribution by the Weinstein Co.
Groundswell recently co-produced "Smart People" for Miramax.
Fischer joins the company after serving as Cfo of Intrepid Pictures since Febriary 2006 and, prior to that, vp stategic planning and business development at Universal.
While not taking the title of Cfo at the indie film outfit, he will fulfill the duties of outgoing Cfo Peter Herzig, who is now focusing on film finance consulting work.
Janice Williams has been promoted from vp physical production to head of physical production. The exec is now on the east coast for the filming of Andrew Jarecki's detective drama "All Good Things," slated for distribution by the Weinstein Co.
Groundswell recently co-produced "Smart People" for Miramax.
Fischer joins the company after serving as Cfo of Intrepid Pictures since Febriary 2006 and, prior to that, vp stategic planning and business development at Universal.
- 8/26/2008
- by By Gregg Goldstein
- The Hollywood Reporter - Movie News
NEW YORK -- Groundswell Prods. has appointed Jonathan Fischer as its new COO.
While not taking the title of CFO at the indie film outfit, he will fulfill the duties of outgoing CFO Peter Herzig, who is now focusing on film finance consulting work.
Janice Williams has also been promoted from vp physical production to head of physical production. The exec is now on the east coast for the filming of Andrew Jarecki's detective drama "All Good Things", slated for distribution by the Weinstein Co. Groundswell co-produced this month's Miramax release "Smart People".
Fischer joins the company after serving as CFO of Intrepid Pictures since Febriary 2006 and, prior to that, vp stategic planning and business development at Universal.
While not taking the title of CFO at the indie film outfit, he will fulfill the duties of outgoing CFO Peter Herzig, who is now focusing on film finance consulting work.
Janice Williams has also been promoted from vp physical production to head of physical production. The exec is now on the east coast for the filming of Andrew Jarecki's detective drama "All Good Things", slated for distribution by the Weinstein Co. Groundswell co-produced this month's Miramax release "Smart People".
Fischer joins the company after serving as CFO of Intrepid Pictures since Febriary 2006 and, prior to that, vp stategic planning and business development at Universal.
- 4/29/2008
- The Hollywood Reporter - Movie News
NEW YORK -- Intrepid Pictures, which recently announced a multiyear production and co-financing deal with Rogue Pictures and Universal Pictures, has named Jonathan Fischer as chief financial officer and Katherine Brown as vp development. The pair will oversee all feature film projects for the companies' joint venture -- which aims to create 20 feature films in the thriller, horror, comedy and action genres during the next five years -- along with Intrepid's other projects and operations.
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