Kino Lorber has promoted chief strategy officer Ed Carroll to president of the media company.
Carroll will report directly to Richard Lorber, who is giving up his president title to Carroll, but remains chairman and CEO.
Formerly chief operating officer at AMC Networks and general manager at Bravo, Carroll joined Kino Lorber in 2023. Over his past year with the company, Carroll helped oversee the acquisition of MHz Choice SVOD and the creation of a joint venture with streamer Topic, as well as the launch of streaming offering Kino Film Collection via Amazon’s Prime Video Channels.
MHz Networks founder and president Frederick Thomas, who sold his company to Kino Lorber in September 2022, will transition into a senior adviser role alongside Carroll’s elevation.
Reporting to Carroll will be chief operating officer Martha Benyam, who will oversee streamers MHz Choice and Topic and the home entertainment group; chief revenue officer Lisa Schwartz, who will head up content sales and platform distribution as well as Kino Lorber’s film division and Kino Film Collection streamer; and chief financial officer Judy Silverman.
“We’ve had unprecedented revenue and subscriber growth in our new SVOD division, and business expansion from new investment since Ed joined the company,” Lorber said. “Ed’s top-shelf skills and experience profoundly deepen our executive bench, positioning us for overall profitable growth across theatrical, home entertainment, and our new digital paths. He’s a terrific leader who inspires our talented team to thrive, and I couldn’t hope for a better Kino brand champion to work with me as a partner in arms as we move our business forward. “
Carroll added: “It is not easy to be on the growth side of the equation in media these days, but we are doing it. Kino Lorber’s vast library of high-quality films and series is a great foundation that attracts loyal subscribers looking for something different from the huge content aggregators. And we remain committed to elevating independent artists through theatrical, home entertainment and digital distribution.”