In the two weeks Abhijay Prakash joined film and television production company, Blumhouse, as chairman, the genre company founded by Jason Blum won the American Cinematheque’s ‘Power of Cinema Award’ and features a premiering at the Tribeca Film Festival in New York later this month.
Prakash was named to the production house last month. According to a May 16 report in Variety, Prakash, who took over from eight-year Blumhouse veteran Charles Layton, “will oversee all business aspects of the business.” Layton will become vice president, “remaining in a strategic and advisory role for the next two years.”
Prakash previously served as president of Universal Filmed Entertainment Group. In this role, he was responsible “for driving the studio’s strategic and long-term planning, also overseeing UFEG’s business operations, including finance, business development, and administrative functions,” as noted. reported Variety.
Prior to UFEG, Prakash served as Chief Operating Officer for DreamWorks Animation, overseeing strategic planning and key business operations for the studio, including finance, business development, technology and administrative functions, while working closely collaborating with other Universal executives on release planning, franchise management and brand development. .
He was previously COO for Focus Features, and also served as Executive Vice President, Strategy and Film Operations for Universal Pictures.
“From my perspective at Universal over the years, it was clear that no one else in the business was as adept at figuring out how to create value from content as the Blumhouse team,” said Prakash at Variety. “I am thrilled to make the leap to join this entrepreneurial team to help further grow this beloved global brand and leverage the company’s strengths and unique business approach to access any emerging opportunities. in film and television.”