Drake returns to the studio after serving as co-COO of Motion Picture Group until founding Good Universe in 2012.
Joe Drake has returned to Lionsgate, this time as co-chair of the Motion Picture Group.
He will serve alongside Patrick Wachsberger, who recently signed a new agreement with the studio to run Lionsgate’s worldwide motion picture operations. “Joe is one of the architects of our portfolio film strategy and a perfect fit for our culture,” Lionsgate CEO Jon Feltheimer and vice-chairman Michael Burns said in a statement.
“With Joe joining an incredibly talented group of executives, we’ve assembled a team with unparalleled knowledge of the global film marketplace,” they added. Good Universe co-founder and CEO Nathan Kahane will continue to head Good Universe under Lionsgate ownership.
Kahane will oversee key talent partnerships, including Seth Rogen, Evan Goldberg and James Weaver’s Point Grey Pictures (Neighbors, Sausage Party, Flarsky) and horror maven Fede Alvarez’s Bad Hombre (Don’t Breathe, Evil Dead).
Before co-founding Good Universe in 2012, Drake served as Lionsgate co-COO and Motion Picture Group President for five years. While at Lionsgate, Drake launched the Hunger Games and Expendables franchises.
Drake replaces Rob Friedman as co-chairman of the Motion Picture Group. Friedman left Lionsgate a year ago.
More to come.
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