×

Guy East, Nigel Sinclair May Be Heading For Exclusive Media Exit

But Johnny Depp back onboard "Black Mass" for the shingle

Veteran sales agents Nigel Sinclair and Guy East appear headed for the exit from the powerhouse indie sales and production finance company Exclusive Media.

Exclusive Media’s management is engaged in collaborative discussions with our partners from Dasym Investment Strategies regarding the forward plan for the company. We will make an announcement regarding the outcome of these discussions at the appropriate time,” said Sinclair in a statement.

Sources close to the company say that all will be business as usual during the European Film market in Berlin, that the Whitey Bulger picture “Black Mass” is back on track again, with Johnny Depp on board. The picture headed off the rails in mid-2013 when Depp reportedly pulled out.

Other pictures the company is selling titles in Berlin include “Dark Places,” starring Charlize Theron and Nicholas Hoult; Keanu Reeves-Rachel McAdams sci-fi pic “Passengers”; and “The Woman In Black: Angel of Death.”

Reasons for the rupture appear connected to a dispute that flared up in the past 10 days between East and Sinclair and Frank Botman, chairman and founder of Dutch funds group Dasym (formerly Cyrte), which is Exclusive’s majority owner.

Botman, best-known as the dealmaker who invested billions of dollars on behalf of Endemol founder John de Mol, is understood to have been unhappy with losses sustained in North America by the Formula One motor racing film “Rush,” directed by Ron Howard.

Meetings between Dasym and East are expected to continue next week and focus on how East and Sinclair, who are minority owners of Exclusive, will move on. An ongoing producer deal is one possibility.

Exclusive was built around Spitfire Pictures, a sales company that Sinclair and East founded and which was later merged with the Dasym-controlled British horror label Hammer.

Exclusive and Dasym are investors in English-language Chinese project “Skiptrace,” an action adventure pic starring Jackie Chan, Seann William Scott and Fan Bingbing. Dasym is separately set to invest in other Chinese projects including the planned WWII aerial actioner “Flying Tigers” to be directed by John Woo.

More Biz

  • Alan Horn Bill Tanner

    Alan Horn to Keynote Variety Business Managers Elite Breakfast, Bill Tanner to Be Honored

    Bill Tanner will be recognized with Variety’s 2019 Business Managers Elite Award at the annual Business Managers Elite Breakfast presented by City National Bank, which takes place in Beverly Hills on Nov. 13. Co-chairman and chief creative officer of The Walt Disney Studios Alan Horn will be the keynote speaker in conversation with Variety editor-in-chief, [...]

  • Smoke haze covers the Sydney Harbour

    Australia's Seven West to Merge With Affiliate Prime Media

    Australia’s Seven West Media has agreed a deal to acquire regional broadcast group Prime Media. The move is a further step in the consolidation of Australia’s traditional media industry. The two companies announced on Friday that Seven will make the acquisition entirely through the issue of new shares to the owners of Prime. Both companies [...]

  • Ron Meyer

    Ron Meyer Files $10 Million Suit Over Forged Rothko

    NBCUniversal Vice Chairman Ron Meyer has filed a $10 million suit against two art dealers, claiming they sold him a forged Mark Rothko painting in 2001. Meyer accuses Susan Seidel and Jaime Frankfort of duping him into buying the work. According to the suit, he was told that it would be included in an official [...]

  • Former movie producer Harvey Weinstein (L)

    Harvey Weinstein Seeks to Call Expert on 'Recovered' Memories at Rape Trial

    Harvey Weinstein’s attorneys are seeking to call an expert on “recovered memories” at his trial on rape and sexual assault charges. The defense has filed a motion asking to call Deborah Davis, a psychologist and professor at the University of Nevada at Reno. Davis is a frequent defense witness. She co-authored an article in 2006 [...]

  • Tekashi 6ix9ine Docuseries Coming From Showtime

    Tekashi 6ix9ine Docuseries Coming From Showtime and Rolling Stone

    Showtime Documentary Films today announced a new limited docuseries profiling controversial rapper Tekashi 6ix9ine. Titled “SuperVillain” and inspired by the Rolling Stone feature written by Stephen Witt, the three-part series will trace how a New York City deli clerk named Daniel Hernandez became superstar rapper Tekashi 6ix9ine — who racked up 2.6 billion streams and [...]

  • Fader Label Logo

    Fader Label Signs Two New Acts, Boosts Staff

    The Fader Label, home to Clairo, Matt and Kim and others, announced two new signings today along with three new hires on its staff. Charlie Burg and Zachary Knowles have joined the label’s talent roster, while Carson Oberg has come aboard as general manager, Yasmine Panah as project manager and Josh Hymowitz as label coordinator. They [...]

  • CBS HEADQUARTERS

    CBS-Viacom Merger Details Revealed, Shares to Trade on Nasdaq

    Negotiations between CBS and Viacom went down to the wire on the day the long-gestating transaction was finally sealed on Aug. 13. CBS Corp. and Viacom revealed the timeline of the merger talks in a Securities and Exchange Commission filing on Thursday that runs more than 650 pages. Also Thursday, CBS and Viacom said the [...]

More From Our Brands

Access exclusive content