Peter E. Strauss, producer of recent films such as jacket and Air The former executive at Lionsgate, Mandalay Pictures, IMG and Allied Artists has died. He is 83 years old.
Strauss died on October 6 at his home in Beverly Hills. He is survived by his wife of 46 years, Susan, and his son, Jonathan.
Strauss most recently served as Mandalay’s executive vice president for 25 years. He is known for his work in expanding independent films and pioneering overseas sales and off-balance sheet financing for independent films.
Prior to joining Mandalay, Strauss served as president of Lionsgate Entertainment, which he co-founded in 1997 with founder Frank Giustra. Oversaw the production of more than 30 films, including Phil Collins’ BusterCharlie and Martin Sheen’s Rhythm and the best the best series, and also serves as President, CEO and Chairman of International Film Group.
Strauss also served as executive vice president of Ray Stark’s production company Rastar Films in the 1970s, helping to produce the 1979 film electric rider and 1979 douchebag. In the 1980s, Strauss founded Panache Productions and oversaw the 1983 Dance of the Dwarfs and 1986 Thunder Run.
Strauss began his career at United Artists, eventually becoming executive vice president and helping produce films such as Cabaretwon the 1973 Oscar for Best Picture. He also oversaw the 1973 Papillon and 1975 The man who will be a king.
Strauss attended Oberlin College, the London School of Economics, and Columbia Law School. He is a member of the Academy of Motion Picture Arts and Sciences.
Strauss is survived by his wife Susan, son Jonathan, daughter-in-law Elizabeth and grandchildren Teddy and Caroline.
A private graveside service was held on October 8 and a celebration of his life will be announced at a later date.