Wednesday, March 30, 2011

Chris Dodd's Bright Lights

Chris Dodd is the new CEO and Chairman of the Motion Picture Association of America, Inc. (MPAA).  He didn't land at a private equity underwriter (PEU) or hedge fund, like Evan Bayh, Tom Daschle, or Bill Frist. Yet, the MPAA has a number of PEU connections.  The question is how Dodd will get Congress to subsidize movie making or enforce their franchise.  .

Note the global nature of Dodd's new job:

Former United States Senator Chris Dodd is Chairman and Chief Executive Officer of the Motion Picture Association of America, Inc., which serves as the voice and advocate of the U.S. motion picture, home video and television industries around the world.

He's primarily concern is "protecting this great American export during a challenging economy and an ever-changing technological landscape."  That's where a three decade serving Senator comes in handy

Update 1-20-12:  Chris Dodd's MPA looked to have Congress in hand for anti-piracy legislation (SOPA & PIPA).  After they regroup, Dodd will make another run at it.

Update 8-1-23:  Chris Dodd is a Senior Advisor for Teneo.