Exclusive Media Toppers Exit, Marc Schipper Promoted

Exclusive Media toppers Nigel Sinclair and Guy East have officially departed the sales-production-finance company to form a new venture and Marc Schipper has been promoted to CEO.

The exits came seven weeks after news emerged during the European Film Market that Dasym Investment Strategies — Exclusive Media’s majority owner — had decided to restructure the company.

Sinclair, who had been co-chairman and CEO, and East, who had been co-chairman, have started White Horse Pictures and based the new banner in Beverly Hills. White Horse is taking about half a dozen features and 15 documentaries out of Exclusive Media — but will not handle foreign sales or distribution.

White Horse will also develop projects for TV and digital and has already hired several young executives.

“We expect to keep the same high standards at White Horse Pictures as we had at Exclusive,” East said. “We want to build a company devoted to high-caliber content.”

The highest-profile White Horse project is a Julius Caesar origins project with Mark Canton and Gianni Nunnari on board to produce. White Horse will also continue to work with Exclusive Media on Charlize Theron’s drama “Dark Places” and on a biopic about Keith Moon, the iconic drummer for The Who.

Friday’s announcement brings to a close the uncertainty over the restructuring of Exclusive, where Schipper had been the chief operating officer. Exclusive Media issued half a dozen pink slips on Feb. 21.

Variety reported on February 7 that the impending exits appeared to stem from a dispute between the execs and Frank Botman, chairman and founder of Dutch funds group Dasym (formerly Cyrte). Botman was reported to have been unhappy with losses sustained in North America by the Formula One motor racing film “Rush” and had expressed a desire to reduce its spending on feature films.

Rush,” directed by Ron Howard and starring Chris Hemsworth and Daniel Bruhl, grossed $27 million in the U.S. and $90 million worldwide. John F. Kennedy assassination drama “Parkland” also underperformed.

Sinclair and East are minority owners of Exclusive Media, formed in 2008 after a revived Hammer Pictures acquired Spitfire Pictures from the duo. Simon Oakes remains as the CEO of Hammer.

During their tenure, Exclusive’s best performers were “The Ides of March,” “End of Watch,” “Snitch” and Daniel Radcliffe starrer “The Woman in Black.”

“I am incredibly proud of what we did at Exclusive and its amazing run of box office and critically-acclaimed films,” said Sinclair. “It was an honor to work with the entire team, we are happy the company is in the capable hands of Marc Schipper and Simon Oakes, and are extremely grateful to Dasym for their support in allowing us to build Exclusive.”

Exclusive Media’s productions set for release this year including “Begin Again”  (formerly known as “Can a Song Save Your Life?”) at TWC, Liam Neeson’s “A Walk Among the Tombstones” at Universal and Charlize Theron’s “Dark Places.” Its Hammer label will release “The Quiet Ones” in April through Lionsgate and “The Woman in Black: Angel of Death.”

Other titles on its international distribution slate include “Jane Got a Gun,” “Pele,” “Passengers,” “Skiptrace,” “The Green Inferno” and “Out of the Dark.”

Exclusive said its international sales team will continue to handle sales on the library of almost 900 titles as well as seek third-party titles.

Popular on Variety

More Film

  • 45 Seconds of Laughter

    Film Review: '45 Seconds of Laughter'

    “Everyone is worth more than their worst act,” said Roman Catholic sister and anti-death penalty advocate Helen Prejean, and it’s with these words that “45 Seconds of Laughter” closes. It’s an apt sentiment on which to leave Tim Robbins’ sincerely felt documentary study of the therapeutic acting workshops run by his own theater company in [...]

  • Julie Andrews

    Julie Andrews Selected for AFI's Life Achievement Award

    The American Film Institute Board of Trustees has selected Julie Andrews as the recipient of the 48th AFI Life Achievement Award. The award will be presented to Andrews on April 25 in Los Angeles. The ceremony will be telecast on TNT. “Julie Andrews is practically perfect in every way,” said Kathleen Kennedy, chair of the [...]

  • 4127_D001_00007_RC Phyllis Logan stars as Mrs.

    'Downton Abbey' to Dominate Box Office Weekend With $30 Million

    The feature film version of “Downton Abbey” is heading for an impressive $30 million opening weekend at 3,079 sites for an easy victory at the North American box office, early estimates showed Friday. The launch of Brad Pitt’s space drama “Ad Astra” will land in second with about $20 million, while Sylvester Stallone’s action-thriller “Rambo: [...]

  • BETWEEN TWO FERNS, 2019, PH_0027.RAF

    Film Review: 'Between Two Ferns: The Movie'

    If you’re a fan of “Between Two Ferns with Zach Galifianakis,” the fake public-access talk show that Zach Galifianakis has been hosting online, for three to six minutes a pop, over the last 10 years, then you’ll probably like “Between Two Ferns: The Movie,” the snark-lite 82-minute road movie that Galifianakis and his director and [...]

  • The Irishman

    Martin Scorsese, Frances McDormand, Donald Sutherland Join Lineup of France's Lumiere Festival

    Martin Scorsese’s eagerly awaited Netflix movie “The Irishman” wasn’t completed on time to be shown at the Cannes Film Festival, but Thierry Fremaux, Cannes’s topper, managed to pin down the high-profile movie and Scorsese himself for the upcoming Lumiere festival in Lyon next month. Dedicated to heritage movies, the Lumiere festival was created 10 years [...]

  • 'Aladdin' Star Mena Massoud Calls for

    'Aladdin' Star Mena Massoud Calls for a Broader Diversity of Storytelling in Movies and TV

    The star of “Aladdin,” Egyptian-Canadian actor Mena Massoud, called for a greater diversity of storytelling in movies and television when he spoke at the glamorous opening ceremony Thursday of the 3rd edition of Egypt’s El Gouna Film Festival. Massoud, whose credits include Amazon’s “Tom Clancy’s Jack Ryan” and Hulu’s “Reprisal,” lauded “the power of art” [...]

More From Our Brands

Access exclusive content