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Imax Entertainment CEO Megan Colligan to Step Down – Hollywood Reporter

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In a surprise move, Megan Colligan will step down as president next month highest quality entertainment. The seasoned Hollywood executive has been with the leading major exhibitor since 2018, when she was appointed by Imax CEO Richard Gelfond as the company’s liaison with Hollywood studios and filmmakers. Liaison, among other responsibilities. A search is underway for her successor.

Prior to joining Imax, Colligan served as president of worldwide marketing and distribution for Paramount Pictures, a position she left in late 2017. Previously, she was recognized for her Oscar-nominated work in marketing for specialty brands Paramount Vantage and Fox Searchlight. She is also known for her close ties to top filmmakers.

Much of Colligan’s tenure at Imax Entertainment coincided with the COVID-19 crisis.

“Meghan’s four years with us have been the most unique and challenging in Imax history,” CEO Richard Gelfond said in a memo notifying employees of Colligan’s departure Thursday. said in. “Her embrace of the brand is one of the many reasons Imax is not only surviving the pandemic; we are thriving — on track for a record year at the box office and significant network growth across our extensive global footprint.”

“We thank Meghan for her contributions to the company during her tenure and wish her all the best in her next chapter,” Gelfond said in an official statement. He also assured that the company “looks forward to appointing a new president of IMAX Entertainment who will capitalize on our momentum this year and beyond.”

Below is Gelfond’s full statement to all employees, followed by a separate note from Colligan to the Imax team.

I am writing to let you know that our President of IMAX Entertainment, Megan Colligan, has decided to leave IMAX.Megan will be with the company until the end of April – helping us through a busy period that includes our annual CEO Forum, CinemaCon and our first quarter earnings report – while we tackle a daunting taskch instead of her.

Megan’s four years with us have been the most unique and challenging four years in IMAX history. Her embrace of the brand is one of the many reasons IMAX isn’t just surviving the pandemic; we’re thriving — on track for a record year at the box office and significant network growth across our extensive global footprint.

Megan helped create our Filmed For IMAX camera program, which continues to bring us new and diverse filmmakers. Under Megan’s watchful eye, IMAX has further expanded into local language blockbusters and strengthened its partnerships with independent studios to bring the power of our platform to their films. Of course, Megan helped launch our IMAX Live strategy, which we continue to test in more than 250 connected locations around the world.

Megan is a true movie buff, and whether she’s working with filmmakers, developing new IMAX experiences, strategizing around our film programs, or interpreting box office results, her passion shines through. Through her work with the Faculty Council and beyond, I know she will continue to play an active role in this business, and I look forward to seeing what she does next.

I hope you join me in thanking Megan for her contributions to IMAX and wishing her the best in the next chapter.

the best,

rich

Corrigan’s Notes:

dear colleagues,

When I came to IMAX four years ago, I had big dreams and an even bigger mission: to become a world-class brand and create new growth plans to drive even greater success. Thanks to all of your hard work and dedication, we’ve made it this far – while facing arguably the biggest challenge the film industry has ever seen.

Today, as I prepare to leave IMAX next month, our brand is stronger than ever, we finished 2022 on a particularly strong note, and 2023 is off to a fantastic start.

Our relationship with filmmakers and audiences has never been better, and I’m especially proud of our Filmed For IMAX program and the success it has brought to the company. From “Dune” to “Top Gun: Maverick” to “Creed III,” the show has allowed filmmakers to realize their creative visions in IMAX and create a richer experience for audiences.

I would like to thank our international teams and the Playa Vista team for their excellent work in building a strong local language strategy. IMAX is now the premier global platform for blockbusters in local languages ​​around the world. When I joined the company, it was an opportunity that was important to me and that many of us believed would help expand our global footprint.

Finally, with our focus on pushing the boundaries of technological innovation and providing our creative partners with new tools, we developed IMAX Live. Since the end of 2021, we’ve started delivering live events for virtually every studio from Disney to A24, and creating experiences around artists ranging from Drake to Halsey to Brandi Carlisle. Just this December, we achieved the important milestone of connecting 250 theaters around the world. I am very grateful to our team at Sheridan Park for their excellence and partnership in building this network.

Along the way, I’ve had the privilege of working with some of the most talented and passionate people in entertainment — people who live within this great brand and care deeply about delivering experiences beyond the ordinary for our audiences. I would like to especially thank Rich, my team at Playa Vista, and the senior management team for their support and friendship. I can’t wait to see what IMAX does next.

Sincerely,

Megan

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