Bingham Ray, president of the United Artists specialty films unit of Metro-Goldwyn-Mayer Inc., is leaving the company effective immediately, MGM announced late Thursday.
MGM said the decision was mutual and was made last year, but the company and Ray waited to disclose it. The New York-based Ray could not be reached for comment.
For The Record
Los Angeles Times Saturday January 10, 2004 Home Edition Main News Part A Page 2 National Desk 1 inches; 39 words Type of Material: Correction
United Artists -- An article in Friday's Business section about the departure of United Artists' president misspelled the last name of the executive vice president who will help run the motion picture company. He is Dan Rosett, not Rosette.
The company said Ray would not be replaced. The unit will be run by Dan Rosette, executive vice president of United Artists, and Sarah Rose, senior vice president.
The co-founder of October Films, Ray joined United Artists in 2001. Some of the UA films released under Ray include "Pieces of April," the Oscar-winning documentary "Bowling for Columbine," and "No Man's Land," which earned an Oscar in 2002 for best foreign film.
A source said the company wanted to expand the mix of UA films. The source added that the departure had nothing to do with Ray's decision to oppose a ban on "screener" DVDs sent out to promote movies for awards. The Motion Picture Assn. of America, which includes MGM, clamped down on screeners this awards season as a move against piracy.