Exclusive Releasing and FilmDistrict are closing on a deal to acquire rights to Jerusha Hess' "Austenland," which the companies would team to split 50/50 worldwide.
Streaming and VOD gives sector a boost
Exclusive Media is looking to raise between $30 million and $50 million in new equity to help fuel its expansion into domestic distribution through its newly created Exclusive Releasing arm.
Continuing its push into distribution, Exclusive Media has acquired a minority stake in 2-year-old Millennium Entertainment for an undisclosed price.
While Hollywood majors cling to their tentpoles, indies have seized an opportunity to reinvent their business model.
Exclusive Media is launching a U.S. distribution and acquisitions arm dubbed Exclusive Releasing.
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Domestic Film DAILY
PROVIDED BY: Box Office
Lucy1Daily:$11.8M Cumulative:$43.9M Universal Pictures -21.55%
Hercules2Daily:$8.5M Cumulative:$29.8M Paramount Pictures -16.73%
Dawn of The Planet of The Apes
Dawn of The Planet of The Apes3Daily:$5.3M Cumulative:$172.5M Fox -20.58%