Rapid Eye will produce, co-produce or acquire three to four genre-centric films per year. Cinedigm will handle the theatrical and home entertainment release and distribution strategy, with REF producing and managing the marketing.
Weber’s credits include “Igby Goes Down,” “Fireflies in the Garden,” “The Informers” and “Unthinkable.” Rapid Eye recently released “California Scheming,” written and directed by Weber and starring Gia Mantegna and Chad Lowe.
“This deal signifies a critical shift in Cinedigm’s content and distribution strategy,” said Bill Sondheim, president of Cinedigm Entertainment. “We are now one of the industry’s strongest independent distribution businesses, with unparalleled mass merchant physical capabilities, along with strong theatrical and digital expertise.”
Weber and attorney Paul Mayersohn of Surpin and Mayersohn negotiated the deal with Yolanda Macias for Cinedigm.