Mark Ordesky was promoted to the new post of executive vice president and chief operating officer of New Line Productions, overseeing the day-to-day operations of the film company’s production staff. The promotion is a reward for Ordesky’s championing of the lucrative “The Lord of the Rings” trilogy, directed by Peter Jackson, which has grossed $1.7 billion worldwide. The final installment is set to be released this year. Ordesky was the executive producer for all three films.

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