Copland up at Red Envelope
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TORONTO -- A day after Red Envelope Entertainment head Bahman Naraghi said that he is leaving the Netflix acquisitions arm, REE director Liesl Copland has been promoted to replace him.
Naraghi leaves Friday on what he describes as "very good terms" and apparently is headed to a Web-related venture. The executive said more details will be announced in the next few weeks.
Copland will report to Netflix chief content officer Ted Sarandos in the company's Beverly Hills offices.
The move provides a smooth transition for Red Envelope, which has deals on numerous films from the Telluride and Toronto film festivals pending or closed. The Netflix arm partners with theatrical and DVD retail distributors to purchase titles for its online rental service.
"I have long admired Liesl's amazing insights and relationships in the independent film world," Sarandos said.
Copland joined Red Envelope just before last year's Toronto fest after serving as a sales exec at New York-based indie film financing and sales rep Cinetic Media, where she arranged split-rights deals for domestic ancillary markets and worked to provide alternative distribution for indie features. She has served as a producer and creative executive with various companies, including the Tribeca Film Festival.