Jere Hausfater, one of the most well-known studio buyers on the international film circuit, has ended his near 13 year run at The Walt Disney Co and found a new home at independent giant Intermedia.
Hausfater has joined Intermedia, which in May floated on the German stock market with an initial valuation of $1.27bn, in the newly created role of president, motion picture group, worldwide distribution and acquisitions.
He will focus on worldwide distribution and marketing as well as the acquisition of films for worldwide distribution. He will become a member of the executive committee and a senior voice in all strategic management decisions, working alongside Guy East, Nigel Sinclair and Moritz Borman, the trio who merged Intermedia and Pacifica in January this year. The merger formed a holding company titled Internationalmedia which was the entity that floated.
Hausfater served as executive vice president, acquisitions and business affairs for Disney's Buena Vista International and acquired over 200 films for various BVI territories including Face/Off, Shine, End Of Days, Die Hard: With A Vengeance and Runaway Bride. He also launched Buena Vista Film Sales (BVFS) - an international sales outfit which handled films from Beacon Pictures and Disney as well as partnering with Newmarket Capital Group on films produced by John Woo and Terence Chang.
"I've had an incredible run at Disney and will miss the many friends I've made there over the past 12 and a half years," Hausfater said in a statement. "Guy East was responsible for my first major BVI success when, during the early days of Majestic Films, I acquired the Latin American rights from him to Dances With Wolves. My relationship with Nigel Sinclair also dates back many years. Intermedia is a highly respected and dynamic company and I am delighted to join them and Moritz Borman to be part of this exciting new phase."