Former Fox and Time Inc. executive Rich Battista has bee named CEO of Imagine Entertainment, the company chaired by Brian Grazer and Ron Howard, with immediate effect, it was reported Monday.
He’ll work with Grazer, Howard and the company’s 90 employees to build on Imagine’s growth and expansion strategy, including possible mergers and acquisitions, according to The Hollywood Reporter.
“We are excited to have Rich join Imagine,” said Howard and Grazer in a statement quoted by the Reporter. “He brings with him a unique perspective and years of expertise and experience growing and expanding businesses, and we are confident in his ability to build upon Imagine’s success.”
Battista was most recently president and CEO of Time Inc. before overseeing the company’s sale to Meredith Corp. in 2018. He previously was CEO of Mandalay Sports Media and spent 18 years in a variety of management positions at Fox, where among other posts he was president of Fox’s national cable networks.
“I am thrilled to be joining Brian, Ron and the entire team at Imagine during this dynamic time in the areas of media, entertainment and content,” said Battista. “The company’s expansion in recent years globally and across new lines of business has been impressive to watch from afar and I look forward to rolling up my sleeves and collaborating with the team as the company is uniquely positioned to execute on its ambitious growth plans.”
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