RGM Media Names Greg Coote as Chairman
He most recently served as CEO and chairman of Dune Entertainment, which co-financed 'Avatar.'
SYDNEY -- Former Village Roadshow Pictures president Greg Coote has been named chairman of Australian-listed film and TV production group and talent agency RGM Media, as the company signed a co-financing deal with Fox International Productions for non-English language features developed by Fox.
RGM Media, headquartered in Singapore, listed on the Australian Stock Exchange last year. The company has two key arms – its talent management business based in Sydney, overseen by company founder Robyn Gardiner, with clients including Cate Blanchett, Rose Byrne and Mia Wasikowska, and an emerging film and TV financing and production business based in Singapore, with a slate of feature films and TV projects in varying stages of development. It has a market capitalization of around $10.8 million.
Coote said in a statement Wednesday that he was “honored and excited to chair RGM."
“The next decade will see the Middle East, India and China become both the leading emerging entertainment markets for imported filmed entertainment and awakening giants for local-language production.”
“With the expertise RGM now boasts, a base in Singapore and support from the Singapore government, the company has the ability to meet these high growth markets,” Coote said.
“The company with its talent business founded and run by the legendary Robyn Gardiner overlaid by the energy and competitive expertise of Singapore-based CEO Devesh Chetty is synergistically positioned to capitalize on an exploding region," he added.
Central to RGM’s strategy are two recent deals.
The co-financing deal signed with Fox International Productions this week is aiming to produce and distribute local language movies for markets like India and China, across a variety of languages and genres. That deal is supported by Singapore’s Media Development Authority (MDA). Coote currently sits on the advisory board of the MDA as well as Alnoor International in Qatar and Indian distribution group Eros International.
And late last year, RGM became one of three international strategic partners in Los Angeles-based Hemisphere Media Capital, a $250 million fund which will co-finance studio films that have strong international appeal.
As well as his longtime involvement with Village Roadshow, Coote was most recently CEO and chairman of Dune Entertainment, which co-financed James Cameron’s Avatar. He is also a former managing director of Network Ten in Australia.