People/Biz

Peter Williamson exits Breakthrough Entertainment

The company's co-founder and executive producer is stepping down as part of a management buyout, with Michael McGuigan and Nat Abraham taking control of the producer/distributor.
October 23, 2018

Breakthrough Entertainment’s Peter Williamson is departing the company he co-founded with Ira Levy 35 years ago.

The company announced Tuesday (Oct. 23) that the co-founder and executive producer is stepping down as part of a management buyout, with CFO Michael McGuigan and distribution president Nat Abraham taking control of the company. Financial terms of the buyout were not disclosed.

The move comes three months after Breakthrough moved out of the kids and family space, selling 757 half-hours of kids and family content (both animated and live-action) to 9 Story Media.

Williamson and Ira Levy started Breakthrough 35 years ago, building out a production and distribution slate including such properties as Bruno & BootsThe Adventures of Dudley the Dragon and YTV’s Anne of Green Gables MOW trilogy. Williamson will continue to oversee the development of Coppermine, a movie currently in co-development with Buffalo Gal Pictures.

“Leaving Breakthrough is bittersweet. I’m proud of all that we have achieved over the better part of four decades and am confident that Michael and Nat will lead Breakthrough into a bright future,” said Williamson in a statement.

Breakthrough did not provide any information on Levy’s ongoing role with the company.

From Playback Daily

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

Menu

Search