Bowles’ banner Magnolia blooms

Shingle to acquire, distribute, exhibit pix

NEW YORK — Former Shooting Gallery Pictures prexy Eamonn Bowles has established Magnolia Pictures, an acquisitions and distribution shingle that will also have an exhibition component.

“We want to go slowly and develop a sensible business, to do things sanely and innovatively,” Bowles told Daily Variety.

Bowles said one of his company’s first goals is to open a theater in Dallas to exhibit specialty films. For the moment the shingle is keeping itself lean, with just three employees in its Gotham offices.

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