Latest in Modi Wiczyk

Tough news Thursday as PMRC, the recently announced joint venture between Deadline parent company PMC and MRC, will lay off around 50 of the 250 employees who are coming over from Billboard, The Hollywood Reporter and Vibe. I got from a THR source a copy of an internal email sent out this morning by MRC co-CEOs Modi Wi…

EXCLUSIVE: Here in Toronto for the Saturday premier of Knives Out, writer/director Rian Johnson and producer Ram Bergman have launched T-Street, an entrepreneurial new company that will generate original content for film and TV shows. The venture is fully capitalized by global media company Valence Media, and longtime…

The long-rumored linkup of Media Rights Capital with Dick Clark Productions and Billboard-Hollywood Reporter Media Group has been made official, and MRC founders Asif Satchu and Modi Wiczyk have been named co-CEOs, with Todd Boehly serving as chairman. MRC has been behind films including The Dark Tower and Baby…

EXCLUSIVE: After yet another Hollywood sequel/remake opened to a collective yawn from reviewers and restless audiences, is there room for a little risk taking in this summer sequel season? The 10-year-old financing/producing concern Media Rights Capital is heavily invested in the affirmative. Twice this summer, it…