IFilm said Wednesday it has acquired entertainment industry directory house Lone Eagle Publishing, giving the Netcaster a much-needed revenue stream outside of online advertising.
Through an undisclosed cash deal, San Francisco-based IFilm obtains complete ownership of Lone Eagle’s catalog. That includes flagship Eagle I online credit and contact database, which is the publisher’s bestselling consumer trade property. It also entitles IFilm to future industry directories and informational books.
Gamut of directories
Lone Eagle has been publishing professional and educational materials for the entertainment biz since 1982, releasing 10 annual directories with credits, personal data and contact information for every major entertainment industry sector.
Eagle I is updated weekly online and published in book form annually. Titles include “Elements of Style for Screenwriters,” the “Film Writers Directory” and “Film Directors Guide.” It recently expanded into broader entertainment titles, including an upcoming film biography on helmer John Woo.
Company also publishes how-to trade books for the film production biz, including books on screenwriting, directing, budgeting, producing, acting and editing.
Jeffrey Black will continue to manage the day-to-day operations of the Lone Eagle business out of IFilm’s Los Angeles offices.
Lone Eagle’s holdings will be folded into IFilm in the coming months.
“The acquisition of Lone Eagle enables IFilm to continue to fulfill the obligation to our community of film fans, filmmakers and film industry professionals by offering them a comprehensive range of services and resources in one destination,” said IFilm CEO and co-chairman Skip Paul.
Deal is expected to provide privately held IFilm with a much-needed source of revenue outside of its current advertising model, generated from its Web site ifilm.com.
The deal was brokered by partners Roy Lee and management house Bender-Spink.