In the two years since the launch of co-op IDP Distribution, the company has found a rhythm that seems to work. It releases films acquired by the Samuel Goldwyn Co., Fireworks Pictures as well as Stratosphere Entertainment, thereby reducing overhead for all three entities. Last year IDP earned about $9 million on six titles; this year, they’ll release eight.
IDP president-CEO Michael Silberman says he’d like to see the company handle between 10-12 titles a year. Toward that goal, the shingle recently hired Sundance Film Festival vet R.J. Millard as VP of publicity and marketing.
To reach its distrib goal, IDP will probably need a contribution from Stratosphere, which has been moribund since the August 2000 release of Kevin Jordan’s “Goat on Fire & Smiling Fish.” Says Silberman, “There’s nothing in the pipeline, but with (Stratosphere backer) Carl Icahan’s economic resources, something could change.”
In the meantime, Fireworks and Goldwyn have been equally aggressive in filling the IDP slate. In addition to their independent buys, the two companies jointly acquired the British comedy “Me Without You” as well as “The Man From Elysian Fields,” starring Andy Garcia and Mick Jagger.
“We handle all types of releases,” Silberman says. “‘Little Secrets’ is a children’s film, ‘Das Experiment’ is a foreign film, ‘Elysian’ is more of a Hollywood movie than we usually handle, ‘Me Without You’ is a great indie — we run the gamut.”
Upcoming titles for 2003 include “He Loves Me, He Loves Me Not,” starring Audrey Tatou; the drama “Long Way Home,” which premiered at the 2002 Cannes Film Festival; and BBC Films’ adaptation of the quirky love story “I Capture the Castle.”