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TelevisaUnivision confirmed the exit of Paul Presburger from Pantelion Movies and the Spanish-language streaming service Pantaya after serving as CEO for greater than a decade.
Presburger is alleged to be departing the corporate to deal with Globalgate Leisure, the worldwide manufacturing and co-financing firm he co-founded six years in the past, the place he will likely be engaged on a slate of recent productions, together with future tasks for TelevisaUnivision’s streaming service, VIX.
“I’m extraordinarily grateful to my unique companions at Lionsgate, Televisa, and Hemisphere. I’m immensely pleased with what we’ve completed, creating and distributing record-breaking movies and paving the way in which for premium Hispanic content material within the U.S. by means of our extremely profitable launch and up to date sale to TelevisaUnivision,” Presburger mentioned in a press release.
“Of all of the issues we completed, I’m most pleased with the alternatives and careers we championed for younger Latinx expertise and executives. As I transfer on, I’m trying ahead to working with them on extra ground-breaking premium content material.”
TelevisaUnivision acquired Pantelion Movies and Pantaya from Hemisphere Media Group to bolster their content material library for his or her Vix streaming service.
Pantelion Movies was launched in 2010 as the primary main Latino Hollywood studio and launched movies like Directions Not Included, the highest-grossing Spanish-language movie in México and the U.S. Different titles embrace the animated movie Un Gallo Con Muchos Huevos, No Manches Frida and Overboard with Eugenio Derbez and Anna Faris.
Longtime Chairman of Pantelion, Jim McNamara, mentioned of Presburger’s departure, “Paul has been an important accomplice and the visionary creator of Pantelion and Pantaya. In a comparatively quick span, Paul produced an enviable portfolio of premiere content material and efficiently focused, harnessed, and entertained an enormous, underserved, and dependable viewers.”
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