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Lionsgate Co-President of Production Bobby Cohen Is Leaving

Exec is transitioning into a production deal

Bobby Cohen, Lionsgate’s co-president of production, is leaving his position, TheWrap has learned.

Peter Kang, the mini-major studio’s other co-president of production, will take over the combined role. Cohen will be moving into a production deal.

Kang was formerly Paramount’s executive vice president of production before joining Lionsgate in April. Before Paramount, Kang had the same position at Fox.

Cohen’s move is just the latest executive shake-up at Lionsgate’s film division.

Last month, Rob Friedman, the co-chair of Lionsgate’s Motion Picture Group, announced that he would be stepping down from his post and serving as a special advisor to the office of the studio’s CEO Jon Feltheimer. Friedman has worked in the movie business for more than 40 years.

The other members of Lionsgate’s Motion Picture Group include Co-Chair Patrick Wachsberger, Co-President Erik Feig, Co-COO Steve Beeks, Chief Brand Officer and President of Worldwide Marketing Tim Palen, President of Acquisitions and Co-Productions Jason Constantine and President of Domestic Theatrical Distribution David Spitz.

Lionsgate currently ranks seventh out of all studios by market share through this past weekend, with 5.2 percent of the total box office in 2016.

Its latest film is “Middle School: The Worst Years of My Life,” which opened on October 7 and brought in $6.9 million over the weekend. The week before, Lionsgate released “Deepwater Horizon,” which opened to $20.2 million.