Were delighted to announce that Palak Patel has joined Prime Focus Studios!Prime Focus Studios was founded by our CEO Namit Malhotra to finance and produce films, TV series and other content at major studios, as well as independently. Leveraging the DNEG Groups award-winning global capabilities, including soundstages, production facilities, visual effects, feature animation, and more, Prime Focus Studios is a new home to innovative filmmakers and a partner to studios and rights-holders.Palak was previously EVP, Production and Development at Columbia Pictures where he helped to oversee the Venom trilogy, which grossed over $1.8 billion collectively, among other films. Before this, he was President of Production and Development at Roth Films and produced shows that have cumulatively grossed over $2 billion at the box office, including Oz the Great and the Powerful, Snow White and the Huntsman, Maleficent, Million Dollar Arm, In The Heart of the Sea, and The Huntsman: Winters War.Speaking about his new role as Chief Content Officer at Prime Focus Studios, Palak said: Ive known Namit for over a decade, and weve worked together on many films through DNEG, arguably the best VFX company in the world. Prime Focus Studios and DNEG joining forces as one company to offer full studio capabilities is game-changing from acquiring IP, to developing scripts, to assisting filmmakers maximize their creativity while minimizing financial risk with all the resources provided, from our state-of-the-art soundstages to utilizing DNEGs artists early in the development process to deliver across all formats and genres.Prime Focus Studios founder and DNEG Global CEO Namit Malhotra added: Prime Focus Studios brings a new and entrepreneurial approach to the development and creation of the worlds biggest movies. Partnership and collaboration with studios and filmmakers are already part of our DNA, and this new venture pushes that partnership to the next level. Im excited that Palak is joining us on this journey. His extensive production experience and understanding of the medium will help us to create a next-generation studio that will bring together the very best of cutting-edge technology, creative talent, and strategic investment, to create something truly unique.Read more about the news in The Hollywood Reporter.