In a surprise move, Imagine Entertainment Chief Executive Rich Battista has left the production company founded by Ron Howard and Brian Grazer, the company confirmed to The Times on Thursday. Battista, a media industry veteran who previously ran Time Inc., is departing the Beverly Hills-based company after an unusually short stint in the CEO job. “Rich Battista has left Imagine Entertainment,” said Grazer and Howard in a brief statement. AdvertisementBefore joining Imagine, Battista was president and CEO of publisher Time Inc., which was sold to Meredith Corp. for $2.8 billion in 2017. Time Inc. was the parent company of publications including Time, Sports Illustrated and Entertainment Weekly.

Source: Los Angeles Times December 05, 2019 23:32 UTC