STX Eliminates Postproduction Head Position, David Candiff Out (Exclusive)

Cut comes as three-year-old studio heads to CinemaCon with less than robust production slate

Last Updated: March 24, 2017 @ 3:42 PM

STX Entertainment, the three-year-old independent studio that promised to have a slate of 12-15 mid-budget movies in a bid to become a mini-major, has let go Head of Postproduction David Candiff and eliminated his position, TheWrap has learned.

STX declined to comment on the matter.

It’s an easy deduction that Bob Simonds’ mini-major would not need a dedicated executive for post, given the limited number of original films the studio is actually producing.

Despite a pledge to produce and distribute 12-15 films annually when the company launched in 2015, a fraction of those have come to fruition.

Original STX productions include the 2016 hit “Bad Moms,” the galactic romance bomb “The Space Between Us,” Matthew McConaughey’s “Free State of Jones” and the company’s profitable flagship film “The Gift.”

STX will return to CinemaCon, the annual gathering of American movie exhibitors, this Tuesday where several new projects are expected to be announced.

They’ll also likely show off footage from Aaron Sorkin’s directorial debut “Molly’s Game, ” starring Jessica Chastain.