LOS ANGELES – John Penney has been appointed to the newly created position of Executive Vice President, Product Strategy and Consumer Business Development for the studio, it was announced today by Mike Dunn, President of Product Strategy and Consumer Business Development, Twentieth Century Fox.
In this role, Penney will work with Dunn to identify new business initiatives for the studio with a focus on accelerating the development and delivery of Fox’s intellectual property across content, distribution, new technology and consumer experiences, as well as leading expansion efforts in international markets.
“John is a seasoned executive with proven experience leading global business development, technology and strategic partnering initiatives,” said Dunn. “He is well-positioned to guide our efforts to develop new business models and compelling consumer experiences that capitalize on the rapidly changing global landscape.”
Added Penney: “Fox is a leader in leveraging emerging media platforms and next generation technologies to develop new, exciting consumer offerings. I look forward to building on Fox’s momentum and leveraging my experience to help push us to the next level.”
Previously, Penney served as Chief Strategy Officer for Starz and EVP, Global Business Development for Lionsgate where he was responsible for building and evaluating key business strategies and partnerships across the companies. He was also Chairman of STARZ Play Arabia’s Board of Directors. Prior to joining Starz, Penney co-founded Foresee Entertainment, and has held executive positions with HBO, ACTV, Scient, and Viacom. Penney spent nearly a decade as a banker and equity research analyst covering global media and entertainment at Sanford C. Bernstein and The Chase Manhattan Bank.
Penney was elected to the Executive Board of the Consumer Technology Association’s (CTA)® in 2014, and serves as Chairman of the Associations’ Content and Entertainment Council, is a member of its Board of Industry Leaders (BIL) and a Trustee of the CTA Foundation. He is a Founding Member of the Academy of Television Arts & Sciences’ Vision Council and is also an Executive Committee member of the Television Academy’s Interactive Media Peer Group.
About 20th Century Fox Film
One of the world’s largest producers and distributors of motion pictures, 20th Century Fox Film produces, acquires and distributes motion pictures throughout the world. These motion pictures are produced or acquired by the following units of the studio: Twentieth Century Fox, Fox 2000 Pictures, Fox Searchlight Pictures, Fox International Productions, and Twentieth Century Fox Animation/Blue Sky Studios.