John Flock named Peace Arch CEO
Canadian producer is expanding theatrical release businessTORONTO -- Peace Arch Entertainment president and COO John Flock on Tuesday was named CEO of the Canadian producer, replacing Gerry Noble, who stepped down in May.
The promotion for Los Angeles-based Flock comes as Peace Arch expands its North American theatrical releasing business, rebuilds its DVD distribution arm and uses Canada as a production base for international TV production.
The move also follows Toronto-based Peace Arch refocusing away from in-house movie production, especially low-budget genre titles, and toward TV production and distribution and theatrical distribution.
Peace Arch this year also sold its home entertainment division, a 50-50 joint venture with ContentFilm, to a consortium led by Peace Arch home entertainment chief Berry Meyerowitz.
Flock said Peace Arch will continue to release six to eight movie titles annually in North America, and capitalize on its earlier co-production "The Tudors" for Showtime by producing more one-hour series as Canadian-European co-productions that can then be sold into the U.S. market.