He was surrounded by his beloved wife of 46 years, Susan, and his son, Jonathan.
Over a remarkable five-decade career, Strauss left an indelible mark on the film industry.
He was instrumental in the growth of independent cinema, pioneering foreign sales and off-balance-sheet financing for independent films.
Peter E. StraussCourtesy
During his tenure, Lionsgate rose to become a prominent force in independent film production and distribution.
In the 1980s, he founded Panache Productions, producing titles includingDance of the DwarfsandThunder Run.
Strauss was educated at Oberlin College, the London School of Economics and Columbia University School of Law.