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
Non-Stop1Daily:$1.6M Cumulative:$36.7M Universal Pictures -3.70%
Son of God
Son of God2Daily:$1.4M Cumulative:$31.5M Fox 8.58%
The LEGO Movie
The LEGO Movie3Daily:$1.0M Cumulative:$214.0M Warner Brothers 6.54%