Jeff Lipsky has exited his post as head of marketing, distribution and acquisitions at Samuel Goldwyn Films to devote himself to the newly capitalized Lot 47 Films, the independent film distribution company he founded with brother Scott Lipsky last year. Jeff Lipsky now serves as president and chief operating officer of Lot 47, with Scott Lipsky taking the titles of chairman and CEO.
With new-technology veteran Scott Lipsky bolstering Lot 47’s resources with funding from private investors in the Seattle area, the indie distrib plans to release 10 titles annually. Lot 47 has released just one title to date, Tim Roth’s award-winning “The War Zone,” but plans to release two more this year. One will be the newly acquired “Venus Beauty Institute,” the film that swept France’s Cesar awards earlier this year.
Scott Lipsky was one of the original hires at Amazon.com, where he served as VP of business expansion. In addition to his responsibilities at Lot 47, which included finding the company’s financing, he is also the co-founder and chief technology officer of the online ad agency Avenue A Media, which went public Tuesday.
Return to roots
Jeff Lipsky, who co-founded October Films with Bingham Ray, says the move represents a return to his roots in independent distribution.
“I would not have considered leaping if it had not been with family,” he said. “This is an opportunity to resurrect what I thought we perfected at October and to do it with someone I love.”
Jeff Lipsky added that his brother’s day job in the world of new media will also make itself known at Lot 47.
“It will be an intrinsic part of the company,” he said. “My brother is visionary in that field. I hope what we can do is stay one step ahead of the dot-com game. I want to look forward to the next five years and the next technological revolution.”
All in the family
A third brother, former Miramax and Bravo Networks marketing exec Mark Lipsky, is VP strategic relations and marketing at Seattle-based Singingfish.com, a company that specializes in developing search engines as well as applications in streaming video.
“Maybe (Mark) will be involved some day,” said Jeff Lipsky. “I told him then we can take out a full-page ad that says, ‘Lot 47: 3, Weinsteins: 2.’ “