Palak Patel Venom Kraven Prime Focus Studios [Video]

Palak Patel, the longtime film executive who oversaw the Venom movies at Columbia Pictures, has been named chief content officer for Prime Focus Studios, the finance and production arm of visual effects powerhouse DNEG.

Prime Focus Studios, run by CEO Namit Malhotra, recently co-produced The Garfield Movie with Alcon Entertainment for Sony. The movie grossed more than $257 million globally. The company is currently in production on Animal Friends, with Legendary Pictures, and The Angry Birds Movie 3. It is also developing a big-screen telling of the Indian epic story Ramayana.

As the company sought to ramp up production and develop well-known IP, it sought out an exec that could navigate the worlds of big studios.

In announcing the hire, Malhotra stated, “Prime Focus Studios brings a new and entrepreneurial approach to the development and creation of the world’s biggest movies. Partnership and collaboration with studios and filmmakers are already part of our DNA, and this new venture pushes that …