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Bob Rosenthal has resigned as CEO of main audio postproduction firm Formosa Group, The Hollywood Reporter has discovered from a number of sources.
The information Friday got here as a shock, because the well-known business vet had been with Formosa Group (which now operates underneath mother or father Streamland Media) since he based the corporate in 2013. The explanation for his departure wasn’t instantly clear.
Formosa Group and mother or father firm Streamland Media didn’t reply to requests for remark from THR.
Formosa is dwelling to a protracted roster of main sound editors, designers and rerecording mixers, together with winners of Oscars, BAFTAs, Emmys, MPSE Golden Reel Awards and Cinema Audio Society trophies. Amongst them are Ron Bartlett (Dune), Anna Behlmer (Mulan) and Mark Stoeckinger (John Wick: Chapter 4). The corporate additionally maintains divisions in broadcast work, music, interactive media and commercials.
Rosenthal spent his early profession in music, the place he was an govt at firms together with Capitol Data/EMI, earlier than transferring to postproduction. He then managed Ascent Media Group’s audio division and served as president of CSS Studios previous to founding Formosa Group. He’s a member of the Academy of Movement Image Arts and Sciences and the Academy of Tv Arts & Sciences.
Streamland — whose manufacturers additionally embody Image Store, Ghost VFX and Image Head — has grown its companies together with Formosa Group lately by means of acquisitions. Amongst them, Streamland acquired Technicolor Publish for $36.5 million throughout 2021. Ghost VFX lately skilled a spherical of layoffs in Los Angeles.
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