The Cutting Edge Group — which has investments in half a dozen films at this year’s Toronto Intl. Film Festival — is renewing its slate deal with Exclusive Media.
Under the deal, announced Thursday, London-based Cutting Edge will invest in future Exclusive Media films in return for music publishing rights and will help service music needs for the slate.
Initial pact resulted in CEG investing in Jake Gyllenhaal-starrer “End of Watch” (which premieres Saturday at TIFF), “The Woman in Black,” “Snitch,” “So Undercover,” “Let Me In,” “The Resident” and the upcoming “The Quiet Ones.”
Four-year-old CEG has gained notice by ponying up the money for scoring, clearances and music supervision in a film; it then recoups from such sources as soundtrack and sheet-music sales, licensing and royalties from international ticket sales and TV deals. Earlier this year, it closed a multi-picture slate deal with Endgame Entertainment and entered into an agreement last month with Megan Ellison’s Annapurna Pictures.
CEG has invested in over 200 films, most notably “The King’s Speech,” in exchange for music publishing rights. CEG’s films at TIFF include the opening night selections — “Looper” and “Song for Marion” — along with “End of Watch,” “Seven Psychopaths,” “Imogene” and “Writers.”
“Philip Moross (Cutting Edge CEO) and the team at Cutting Edge have been wonderful partners on a number of our films to date and we look forward to building on that success as our new titles roll out,” said Exclusive Media co-chair Nigel Sinclair.
In 2008, Cutting Edge received an initial investment of $15 million from Aberdeen Asset Management. It set up its first multi-picture deal with Joel Silver’s Dark Castle in 2009.