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.
Exclusive Media Group and documentary producer Zipper Bros. Films have signed a first look deal to develop, finance and produce up to two ''social purpose'' documentary features annually.
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Domestic Film DAILY
PROVIDED BY: Box Office
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$1.7M Cumulative:$253.1M Disney -66.09%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$1.3M Cumulative:$146.8M Paramount Pictures -73.58%
If I Stay
If I Stay3Daily:$1.3M Cumulative:$16.9M Warner Brothers / New Line -60.81%