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101 Studios Adds Physical Production, Acquisition Heads to Executive Ranks

Company bought the rights to TWC’s ”The Current War“ earlier this month

The recently launched 101 Studios announced on Monday that it has tapped former The Weinstein Company executive James Allen as the company’s head of acquisitions and Tom Prince as executive vice president and head of physical production.

Since its launch in late January, 101 Studios — founded by former TWC top executive David Glasser — has worked to solidify its executive ranks. Prince and Allen are the latest additions after the production and distribution company added Michele Newman, Laurent Ouaknine and Ennis Hensley last month.

Allen will oversee all aspects of curating, building and maintaining the studio’s growing roster of film and television projects, while Prince will manage all areas of physical production for the studio’s feature film and television slate.

“It’s an honor to have such seasoned professionals joining the 101 Studios ranks. The addition of James and Tom reflects our efforts to create first-class content, as they will play an integral role in the continued growth of our studio,” Glasser and COO David Hutkin said in a statement.

Allen most recently served as vice president of acquisitions and production at TWC after joining the acquisitions and production department in 2011. In his role, Allen acquired films including “The Founder” and “Wind River.” Prior to TWC, Allen owned and operated an independent concert promotion company with a focus on collegiate markets, working with artists such as Wiz Khalifa, LMFAO, Steve Aoki, and more.

Prince has 30 years of experience in physical production and post-production. Prince started at Universal Studios, where he worked for six years before joining Sid Sheinberg’s independent film production company, The Bubble Factory.

As executive vice president of production at Walden Media, Prince oversaw two James Cameron 3D IMAX projects as well as the film, “The Chronicles of Narnia: The Lion, the Witch and the Wardrobe.” He most recently served as executive vice president of physical production at TWC, where he oversaw all television and film projects.

Earlier this month, 101 Studios bought the rights to the orphaned TWC project “The Current War” for $3 million.