Lionsgate Promotes Brian Goldsmith to Co-COO

5:46 AM PDT 10/5/2012 by Etan Vlessing

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Steve Beeks has a partner with new duties to stickhandle corporate and project financing and M&A activities at the mini-studio after its takeover of Summit Entertainment.

TORONTO – A bigger Lionsgate post-Summit Entertainment takeover has the mini-studio promoting Brian Goldsmith to co-COO, alongside Steve Beeks.

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The twin COOs will report to Lionsgate CEO Jon Feltheimer, with Goldsmith overseeing corporate and project financing and M&A activities, while Beeks focuses on the mini-studio's home entertainment business and a 15,000-title film and TV library.

Goldsmith helped stickhandle Lionsgate's new $800 million revolving credit facility and other recent financing moves.

Before his promotion, Goldsmith was executive vp of corporate development and strategy, helping acquire Summit Entertainment, sell Canadian distributor Maple Pictures to Alliance Films and execute the February 2009 takeover of TV Guide Network and TVGuide.com.

"Brian played a leadership role in many of the initiatives that made 2012 a transformative year for us," said Feltheimer and Michael Burns, vice chairman, in a statement Friday.

Goldsmith earlier completed executive stints at Mandate Pictures and Senator International, and joined Lionsgate after its September 2007 acquisition of Mandate.