Patrick WachsbergerandLegendary Entertainments new JV has made two key hires.

193 wasannouncedin late January, with former Lionsgate exec Wachsberger as CEO.

It will also provide capital and be across territory sales for early-stage projects.

193 hires Wendy Reeds & Ashley Stern

(L-R) Wendy Reeds & Ashley Stern193, Fabrizio Cifiera

As EVP of International Sales, she oversaw the licensing of Lionsgate films for international territories.

Stern was President of Picture Perfect Federation, the entity Wachsberger set up with French indie Federation.

Article image