Richard Goldsmith to Lead Cyber Group’s New U.S. Arm

LOS ANGELES: Cyber Group Studios has launched a North American subsidiary, with former Jim Henson Company and Warner Bros. Entertainment exec Richard Goldsmith tapped to serve as president and CEO.

Goldsmith will run the newly formed Los Angeles-based division and will also join the company’s top management executive board in Paris. His duties include distribution and overseeing Cyber Group Studios’ content in North America, China, Australia and New Zealand. He will also identify acquisitions of new businesses, IP and other beneficial opportunities.

Cyber Group Studios’ North American affiliate is meant to help the company extend its activity in production and distribution, in addition to all areas related to digital and merchandise licensing. It will be located at The Culver Studios in Culver City, California.

“We are very excited that such a talented individual as Richard has decided to join us, as his experience will be instrumental in furthering our growth in untapped areas and make our company even more global,” said Pierre Sissmann, the chairman and CEO of Cyber Group Studios. “I have known Richard for many years already, not only as a talented executive but as a personal friend, and I am looking forward to working with him now directly to launch a new era of growth for our business.”

“I have admired Cyber Group Studios’ rapid rise as a leader in animated entertainment and am now delighted to join the management team as the company becomes truly global with its production, distribution and consumer products businesses,” added Goldsmith.