×
You will be redirected back to your article in seconds

Guardian, Mainline duo forge Lightning banner

L.A.-based sales & distrib'n co. debuts at AFM

Film distribution and sales exec Richard Guardian has partnered with Mainline Releasing principals Rich Goldberg and Marc Greenberg to launch Lightning Entertainment, an L.A.-based boutique worldwide sales and distribution company.

Guardian will be prexy of the entity, debuting at the American Film Market, which runs Feb. 20-27. Goldberg and Greenberg will provide the initial funding to cover overhead, as well as acquisitions and co-productions.

Mainline Releasing will continue to operate separately as a video and television distributor.

Guardian was previously at Beyond Films’ L.A. office. He exited when the Australian-based company decided to shutter its L.A. office in October.

“While many companies are abandoning the international sales scene, we see room for growth,” Guardian said. “There are a number of suppliers of big-budget, studio-level films and many sellers of lower-end product, but only a few companies servicing the need for mid-budget theatrical films. That is an area where we will operate,” he added.

“Marc and I are solid believers in the ever-growing demand for content,” Goldberg said. “Richard’s experience, contacts and reputation on all levels of the film business will help us grow Lightning Entertainment into an important and successful supplier of filmed entertainment.”

Lighting aims to handle between six and eight theatrical titles per year for worldwide distribution as well as to package features and seek co-production partners, equity investment from distributors, tax-driven funds, subsidies and other sources of financing.

Lightning Entertainment has also tapped Mainline VP of acquisitions Joseph Dickstein to work as acquisitions consultant for the company.

Guardian, who started 23 years ago in the international theatrical distribution and marketing department of United Artists, has worked for such companies as Hoyts Theaters, De Laurentiis Entertainment, Overseas Filmgroup/First Look Pictures, HBO Enterprises and George Litto Pictures, working on such titles as “Richard III,” “God’s Army/The Prophecy” and “The Secret of Roan Inish.”

Most recently at Beyond Films, he sold U.S. rights to “Lantana” to Lions Gate Releasing and acquired international rights to indie hit “The Business of Strangers,” released Stateside by IFC Films.

More Biz

  • DOJ Indicts Five in Piracy Ring

    Department of Justice Indicts Five in International Piracy Ring

    Five men were indicted Wednesday on charges that they hacked into the servers of production companies, and stole hundreds of films and TV shows, including “50 Shades of Grey” and “The Walking Dead.” The men are based in four countries — the United Kingdom, the United Arab Emirates, Malaysia, and India. Only one has been [...]

  • Endeavor Sued Over Idaho Country Music

    Endeavor Sued Over Idaho Country Music Festival

    A former county official in rural Idaho sued Endeavor on Wednesday, alleging she is owed more than $190,000 in unpaid loans arising from a troubled country music festival. According to her complaint, Bonnie Layton was the economic development director for Elmore County, Idaho, when she came in contact with the organizers of the Mountain Home [...]

  • Former movie producer Harvey Weinstein (L)

    Weinstein Attorney: 'Many of These Women Have Lied'

    Harvey Weinstein’s attorney blasted the Manhattan D.A.’s office on Wednesday, arguing that prosecutors brought a flawed case in haste due to public pressure. Ben Brafman sent a letter to Judge James Burke, who is scheduled to hear a motion to dismiss the case next week. In it, he responded to Assistant D.A. Kevin Wilson, who [...]

  • 2019 Variety Predictions

    2019 Predictions: What's in Store for Film, TV and Music Next Year?

    It would be hard to top the drama of 2018. From media mega-mergers to the rise of Time’s Up, it was a year that had more than its fair share of twists and turns. Leslie Moonves resigned in disgrace, AT&T snapped up Time Warner, Disney inched closer to subsuming Fox and “Black Panther” shattered box [...]

  • Tencent Music Raises $1.1 Billion for

    Tencent Music Raises $1.1 Billion for IPO, Much Less Than Expected

    China-based music streaming company Tencent Music Entertainment Group said it raised nearly $1.1 billion in its U.S. initial public offering, according to Reuters. Earlier this year, the company was expected to be valued at as much as $30 billion and raise $4 billion for its IPO, but those estimates were slashed in September. he IPO [...]

  • Justin Tranter and Katie Vinten Partner

    Justin Tranter and Katie Vinten Partner With Warner Bros. for New Label

    As previously reported, hit songwriter Justin Tranter and Warner/Chappell Publishing’s Katie Vinten are launching a new label in partnership with Warner Bros. Records, the company announced officially today. In her new role, Vinten, most recently the company’s co-head of A&R, will also serve as an A&R Consultant to Warner Bros. Records and will continue with [...]

  • Ella Mai

    Ella Mai Signs Worldwide Deal With Sony/ATV Music Publishing

    Singer Ella Mai, who is enjoying a worldwide smash with her song “Boo’d Up” and was nominated for two Grammy Awards last week, has signed a worldwide deal with Sony/ATV Music Publishing. The song peaked at No. 5 on the Billboard Hot 100 and has been streamed more than 650 million times in the U.S. [...]

More From Our Brands

Access exclusive content