Lionsgate Motion Picture Group president Nathan Kahane plans on stepping down by the end of the year, sources tell The Hollywood Reporter.
The move frees up Erin Westerman, currently president of production and development, to take over all studio production under studio chair Adam Fogelson.
Lionsgate had no comment.
Kahanes contract is said to be expire at the end of the year, and he will then transition to producing, hopping on a number of Lionsgate movie projects in that capacity. Kahane has been Motion Picture Group President since May 2018, when Lionsgate acquired Good Universe, the production company he founded with Joe Drake. Drake stepped down in early 2024 to pave the way for Fogelson, in some ways foreshadowing Kahanes eventual exit. Drake and Kahane have been partners in crime for years, having run not only Good Universe together but Mandate Pictures. (Lionsgate acquired Mandate in 2007.)
Kahane was always more of a producer than an executive. WithMandate, he made the beloved Juno, hit comedy Harold Kumar go to White Castle, and horror move 30 Days of Night. The mix of comedy and horror continued when he and Drake founded Good Universe, making movies such as Seth Rogen hit Neighbors and Fede Alvarezs Dont Breathe.
Lionsgate in recent years has sought to make more John Wick action movies and has tried to relaunch and recapitalize on The Hunger Games franchise. The studio has struggled to find hits in the pandemic and post-pandemic world.
More to come.