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Wachsberger & Legendary’s 193 Makes Key Hires

by Index Investing News
February 14, 2025
in Entertainment
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Patrick Wachsberger and Legendary Leisure’s new JV has made two key hires. Wendy Reeds has joined 193 as EVP, gross sales, and Ashley Stern is aboard as EVP, Head of Artistic Affairs.

193 was introduced in late January, with former Lionsgate exec Wachsberger as CEO. “Wendy and Ashley are two of the {industry}’s finest and bringing them aboard at this juncture makes me much more assured about what 193 can obtain,” he mentioned. “There may be an distinctive alternative for 193 within the international manufacturing and gross sales market to create an industry-leading slate of premium movies for audiences all around the world.”

193 will develop and produce a slate and in addition to working with third events on worldwide distribution for accomplished movies. It would additionally present capital and be throughout territory gross sales for early-stage tasks.

Reeds spent 16 years with Lionsgate, overlapping for practically a decade with Wachsberger, who was Chairman of the studio’s Movement Image Group. As EVP of Worldwide Gross sales, she oversaw the licensing of Lionsgate movies for worldwide territories. Previous to that, Reeds ran Lionsgate’s Asian gross sales and operations, serving as EVP of Content material Gross sales & Distribution for Celestial Tiger Leisure.

She mentioned: “It’s an honor to hitch Patrick, who has a wealthy and well-deserved legacy in our house, and I sit up for supporting him all through this chapter of progress for 193.”

Stern was President of Image Good Federation, the entity Wachsberger arrange with French indie Federation. In that position, she exec produced The Company and produced a movie slate together with Charlie Harper and the upcoming Unattainable, written by Siân Heder (Coda).

Talking about collaborating with Wachsberger and her position at 193 she mentioned: “Collectively, we’ll meet the sturdy demand for high-quality impartial movies, working with one of the best expertise and companions within the {industry}, to ship profound, distinctive, and thrilling content material that resonates worldwide.”

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