Indie Companies: STX (Adam Fogelson)

STX for Lionsgate Motion Picture Group Role

Adam Fogelson
Eric Charbonneau
Adam Fogelson is the new vice chair of Lionsgate Motion Picture Group, the studio announced Monday. 

He joins the studio from STX Entertainment, where he was in charge of the struggling motion picture group.

At STX, Fogelson launched the successful Bad Moms franchise, and the critical and commercial hit Hustlers.

Other Fogelson movies include Molly’s Game, which earned Oscar nomination for its screenplay, as well as bombs such as The Happytime Murders and UglyDolls.

STX was originally intended to make mid-budget comedies, thrillers and genres that studios had abandoned in favor of franchises and comic book fare, but the results were a mixed bag;

Streaming services made the same kind of films that the studio was attempting to make into theatrical propositions.

Fogelson and STX have kept costs in check and most of their film slate remained profitable.

After failed attempt to go public and failed merger with Eros, STX was acquired by Najafi Companies. It hopes to regain its stride, but Fogelson will not be part of that comeback effort.

Fogelson will report to Joe Drake, chair of the studio’s Motion Picture Group. He will oversee worldwide marketing and theatrical distribution for Lionsgate.

Prior to leading STX, Fogelson served as chair of Universal Pictures from 2009 through October 2013. During his time, Universal released such hits as “Bridesmaids,” “Identity Thief,” “Les Misérables” and “Despicable Me.”

Fogelson joined Universal in 1998, beginning as vice president of creative advertising and rising to president of marketing and distribution in 2007. He established himself as leading expert on selling movies to the public.

Drake called him “one of our industry’s most experienced executives.” He added that Fogelson’s expertise would be invaluable as Lionsgate readies new installments of the “Hunger Games,” “Dirty Dancing” and “John Wick” franchises.

“We are looking forward to having Adam’s skills, experience and respected leadership,” Drake added. “His longstanding relationships with the industry’s most creative collaborators will prove invaluable as we focus on our upcoming slate.”

Fogelson’s appointment will begin September 1.