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Peter E. Strauss: Remembering a Film Industry Icon

Peter E. Strauss, a legendary film executive and pioneering entrepreneur, passed away on October 6 at the age of 83. He leaves behind a lasting legacy in the entertainment industry, having played a pivotal role in shaping the landscape of independent cinema.

With a career spanning over five decades, Strauss made significant contributions to the film industry. As the Executive Vice President of Mandalay Pictures, he oversaw the financing and distribution of numerous projects, including acclaimed films like “The Jacket” and “Air.” His innovative approach to foreign sales and off-balance-sheet financing helped propel independent cinema to new heights.

In 1998, Strauss took on the role of president at Lions Gate Entertainment, where he played a key role in establishing the company as a prominent force in independent film production and distribution. Prior to his time at Lions Gate, he served as president, CEO, and chairman of the International Movie Group, producing and executive producing over 30 films, including the popular “Best of the Best” series and “Cadence” starring Charlie and Martin Sheen.

Strauss began his career at Allied Artists, working on award-winning films like “Cabaret” and “Papillon.” Throughout his career, he continued to make a mark on the industry, overseeing projects at Rastar Films and founding Panache Productions in the 1980s.

Educated at prestigious institutions like Oberlin College and Columbia University School of Law, Strauss was not only a successful businessman but also a dedicated philanthropist and mentor. His commitment to supporting young talent and giving back to the industry will be remembered by many.

Peter E. Strauss is survived by his wife Susan, son Jonathan, daughter-in-law Elizabeth, grandchildren Teddy and Caroline, and a host of friends and colleagues. A private graveside service was held to honor his memory, with a celebration of his life to be announced at a later date. The film industry has lost a true icon, but his impact will continue to be felt for years to come.

Who was Peter E. Strauss?

Peter E. Strauss was a veteran film executive, movie producer, and pioneering entrepreneur who passed away on October 6 at his home in Beverly Hills at the age of 83. He was surrounded by his beloved wife of 46 years, Susan, and his son, Jonathan.

What was his contribution to the film industry?

Over a remarkable five-decade career, Strauss made a significant impact on the film industry. As the Executive Vice President of Mandalay Pictures for 25 years, he oversaw the financing and distribution of numerous film and television projects, including The Jacket and Air. He played a key role in the growth of independent cinema by pioneering foreign sales and off-balance-sheet financing for independent films.

What were his roles at Lions Gate Entertainment and the International Movie Group?

In 1998, Strauss became the president of Lions Gate Entertainment, a company he helped establish in 1997. During his time there, Lionsgate became a prominent force in independent film production and distribution. Prior to this, he served as the president, CEO, and chairman of the International Movie Group, where he produced and executive produced over 30 films, including the Best of the Best series and Cadence starring Charlie and Martin Sheen.

Where did Peter E. Strauss begin his film career?

Strauss started his film career at Allied Artists, where he eventually became the Executive Vice President. He worked on films such as the 1973 Oscar Best Picture winner Cabaret, Papillon, and The Man Who Would Be King. He later became the Executive Vice President of Rastar Films, overseeing projects like The Electric Horseman and The Villain. In the 1980s, he founded Panache Productions, producing titles like Dance of the Dwarfs and Thunder Run.

What was Peter E. Strauss’s educational background and affiliations?

Strauss was educated at Oberlin College, the London School of Economics, and Columbia University School of Law. He was a member of the Academy of Motion Picture Arts and Sciences and was committed to philanthropy and mentorship throughout his life, inspiring and supporting young talent in the industry.

How is Peter E. Strauss remembered?

Peter E. Strauss is survived by his wife, Susan Rausnitz, his son Jonathan and daughter-in-law Elizabeth Westlake, as well as grandchildren Teddy and Caroline, and many friends and colleagues. A private graveside service was held on October 8, and a celebration of his life will be announced at a later date.

Sources: Deadline