Miramax CEO Steven Schoch Exiting Company
Miramax chairman Nasser Al-Khelaifi will take on the title of interim CEO while a replacement is sought.
Steven Schoch is stepping down as CEO at Miramax, a post he has held since 2010, it was announced today by Miramax chairman Nassar Al-Khelaifi, who will take on the added title of interim CEO while the search is underway for Schoch’s replacement.
Miramax, the indie film company originally founded in 1979 by Bob and Harvey Weinstein, was acquired in 1993 by the Walt Disney Company, which sold it to a joint venture comprised of Colony Capital, Tutor-Saliba Corporation and Qatar Investment Authority in 2010. Earlier this year, the company, which controls a library of more than 700 films, was sold to the BeIN Media Group, headquartered in Doha, Qatar.
Schoch, who beginning in 2010 served as CFO of Miramax, was named CEO in 2012. During his tenure, the company said, Miramax has struck distribution deals in more than 190 countries and relaunched its feature films and TV divisions. The recent releases Bridget Jones's Baby and Bad Santa 2 were spun off from titles in the Miramax library, and it also partnered with Roadside Attractions for the U.S. release of Southside with You. Miramax recently announced the production of the Johnny Depp film Labyrith, which Miramax will co-finance with Open Road Films. It also has acquired U.S. distribution rights to I, Tonya, a film about skter Tonya Harding, in which Margot Robbie is starring.
The upcoming Sundance Film Festival will feature a special screening of a new 35mm print of Reservoir Dogs to mark that film's 25th anniversay.
The senior management team at Miramax currently consists of Al-Khelaifi, who is also chairman of the beIn Media Group and of QSI; Zanne Devine, evp film & television; Adrienne Gary, svp organizational strategy & administration; Dennis Hands, svp finance, strategy & business development; and Joe Patrick, evp global sales & home entertainment.