Bob Rosenthal has resigned as CEO of leading audio post production company Formosa Group, The Hollywood Reporter from Multiple sources.
Friday’s news came as a surprise as the well-known industry veterinarian used to work for Formosa Group (now operating under parent company ) Streamland Media) since he founded the company in 2021. The reason for his departure is unclear.
Formosa Group and parent company Streamland Media did not respond to THR’s request for comment.
Formosa is home to a number of leading sound editors, designers and sound mixers, including Oscar, Bafta, Emmy, MPSE Golden Reel and Recipient of the Motion Picture Audio Association Trophy. These include Ron Bartlett (Dune), Anna Bellmer (Mulan) and Mark Stockinger (John Wick: Chapter 4 ). The company also has divisions in radio productions, music, interactive media and commercials.
Rosenthal’s early career was spent in music, where he held executive positions at companies such as Capitol Records/EMI before moving into post production. He then managed the audio division of Ascent Media Group and served as President of CSS Studios before founding Formosa Group. He is a member of the Academy of Motion Picture Arts and Sciences and the Academy of Television Arts and Sciences.
Streamland – whose brands also include Picture Shop, Ghost VFX and Picture Head – has grown businesses including Formosa Plastics through acquisitions in recent years. Among them, Streamland acquired Technicolor Post for $36.5 million USD during . Ghost VFX recently went through a round of layoffs in Los Angeles. 2021