BeIN chairman becomes interim Miramax CEO

BeIN Media Group chairman Nasser Al-Khelaifi has become interim chief executive of US studio Miramax following the exit of the long-serving Steven Schoch.

Al-Khelaifi is already Miramax’s chairman following BeIN’s acquisition of the US company last year, and will now take on the CEO post while a replacement for Schoch is found.

Schoch had been with Miramax since 2010, when he joined as CFO following Disney’ sale of the business to a joint venture enterprise of Colony Capital, Tutor-Saliba Corporation and Qatar Investment Authority.

Last year, he anchored the business through another sale, this time to Middle Eastern media giant BeIN for US$1 billion.

In December, TBI revealed Miramax was setting up shop in Australia, leading to a rejig of sales staff.