Peter E. Strauss, Mandalay Executive and Former Lions Gate President, Dies at 83

As a movie buff who has spent countless nights immersed in the magic of celluloid, I can’t help but feel a profound sense of loss with the passing of Peter E. Strauss. This man was not just a name in the credits, he was a titan, a pillar of the film industry whose influence spanned five decades and touched countless lives.


Film executive Peter E. Strauss, known for movies like “The Jacket” and “Air,” passed away on October 6 at his residence in Beverly Hills. He was 83 years old.

Throughout a five-decade career, Strauss assumed various positions, such as most recently being the executive vice president at Mandalay Pictures, and previously holding the title of president at Lions Gate Entertainment. At Mandalay, he managed the financial aspects and distribution for both film and TV productions. Notably, Strauss played a significant role in boosting independent cinema by participating in overseas sales and alternative financing strategies for independent films.

Strauss began working at Lionsgate in 1998, managing U.S. operations for the company. During his tenure, Lionsgate transformed its independent film production and distribution. Before this position, Strauss was with International Movie Group, where he served as president, CEO, and chairman, producing and executive producing over thirty films, such as the “Best of the Best” series, “Buster” featuring Phil Collins, and “Cadence” starring Charlie and Martin Sheen.

Strauss first embarked on his professional journey at Allied Artists, ultimately ascending to the role of executive vice president. During this time, he contributed to films like the 1973 Best Picture Oscar winner “Cabaret,” as well as “Papillon” and “The Man Who Would Be King.” Later, Strauss assumed the position of executive vice president at Ray Stark’s production company, Rastar Films. Here, he oversaw the making of “The Electric Horseman” and “The Villain.” In the 1990s, Strauss established Panache Productions, where he produced various films such as “Dance of the Dwarfs” and “Thunder Run.

Strauss studied at Oberlin College, the London School of Economics, and Columbia University’s Law School. Additionally, he was part of the Academy of Motion Picture Arts and Sciences and had a reputation for his charitable works and mentoring.

Strauss is mourned by his wife Susan Rausnitz (formerly), son Jonathan, daughter-in-law Elizabeth Westlake, grandchildren Teddy and Caroline, and many friends. A private burial ceremony took place on October 8th; details for a public celebration of his life will be shared at a future time.

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2024-10-12 21:16