Jon Silk has left Mythology Entertainment and joined Jeff Robinov at Studio 8, an individual familiar with the executive’s plans has told TheWrap.
Silk most recently served as executive VP of production and development at Mythology, which he joined in October 2013 from Lin Pictures. It’s not immediately clear what Silk’s title will be at Studio 8, but he is one of the company’s first hires.
Silk served as senior VP of production at Lin Pictures, where he co-produced “Gangster Squad” He previously served as director of development at Benderspink, having gotten his start serving as an assistant to producer Scott Rudin.
Also read: Jeff Robinov’s Studio 8 Strikes Distribution Deal With Sony Pictures
Robinov’s Studio 8 will release up to six movies a year under a distribution deal with Sony Pictures. The multi-platform media company will have greenlight authority and aims to develop, produce and acquire both potential tentpoles and prestige pictures driven by new and established filmmakers.
As Studio 8 is interested in acquiring additional production businesses and brand-based properties, it expects to raise up to $1 billion in financing, and SPE will also become an investor in the company.
Also read: Jeff Robinov’s Studio 8 Scores Major Investment From Chinese Conglomerate
Studio 8 was founded in partnership with Chinese investment firm Fosun Group and will live on the SPE lot in Culver City. Robinov will work with the Fosun Group on developing TV and digital content establishing multi-platform distribution opportunities, collaborating with global production and brand-based properties including those in the Chinese market. SPE’s distribution will be worldwide, with the exception of the Greater China Region.
Fosun is a Shanghai-based company that manages a few different businesses, including industrial operations, insurance, direct investment and asset management. It has already invested in Bona Film Group, a leading Chinese film company. China is currently the world’s second-largest market for film and is expected to surpass the U.S. in just a few years.