×
You will be redirected back to your article in seconds

Sundance: 30West to Buy Neon Following ‘I, Tonya’ Collaboration

Media investment company 30West is acquiring majority ownership in Neon, a specialist in the independent theatrical marketing and distribution space.

Both companies collaborated on the theatrical release of awards contender “I, Tonya,” starring Margot Robbie, Allison Janney, and Sebastian Stan. The deal was announced Friday on the second day of the Sundance Film Festival.

One component of the deal is the acquisition of SR Media’s interest in the company. CAA negotiated the deal on SR Media’s behalf.

30West was unveiled in April with Micah Green, the co-head of the film finance and sales group at Creative Artists Agency, leaving CAA to start a new venture with investor Dan Friedkin. It noted in Friday’s announcement that production has now started on two of its projects — Karyn Kusama’s “Destroyer,” starring Nicole Kidman, and Peter Hedges’ “Ben Is Back,” starring Julia Roberts.

At the Toronto Film Festival last year, the company bought the North American distribution rights to Michael Pearce’s debut full-length picture “Beast,” a psychological thriller starring Jessie Buckley, Johnny Flynn, and Geraldine James. “Beast” will be released, in partnership with Roadside Attractions, in the spring.

Neon’s previous releases have included “Ingrid Goes West,” starring Aubrey Plaza and Elizabeth Olsen, and Nacho Vigalondo’s “Colossal,”  starring Anne Hathaway. Neon also signed a streaming output deal with Hulu, formed a partnership with Blumhouse Productions to manage the genre label BH Tilt and co-acquired Harmony Korine’s “The Beach Bm,” starring Matthew McConaughey and Zac Efron, which wrapped last month.

30West has also hired former Black Bear Co-President and chief operating officer Dan Steinman, who joined as a partner, former CAA agents Tristen Tuckfield and Adam Paulsen, Sloss Law attorney Sarah Hong and creative executive Katie Anderson.

More Film

  • Atlantics

    Netflix Snags Worldwide Rights to Cannes Winners 'Atlantics,' 'I Lost My Body'

    Mati Diop’s feature directorial debut “Atlantics” and Jérémy Clapin’s animated favorite “I Lost My Body” have both been acquired by Netflix following wins at Cannes Film Festival. “Atlantics” was awarded the grand prix while “I Lost My Body” was voted the best film at the independent International Critics Week. The deals are for worldwide rights [...]

  • Stan Lee, left, and Keya Morgan

    Stan Lee's Former Business Manager Arrested on Elder Abuse Charges

    Stan Lee’s former business manager, Keya Morgan, was arrested in Arizona Saturday morning on an outstanding warrant from the Los Angeles Police Department. The LAPD’s Mike Lopez confirmed that the arrest warrant was for the following charges: one count of false imprisonment – elder adult; three counts of grand theft from elder or dependent adult, [...]

  • Moby attends the LA premiere of

    Moby Apologizes to Natalie Portman Over Book Controversy

    Moby has issued an apology of sorts after writing in his recently published memoir “Then It Fell Apart” that he dated Natalie Portman when she was 20 — a claim the actress refuted. “As some time has passed I’ve realized that many of the criticisms leveled at me regarding my inclusion of Natalie in Then [...]

  • Bong Joon-ho reacts after winning the

    Bong Joon-ho's 'Parasite' Wins the Palme d'Or at Cannes

    CANNES — The 72nd edition of the Cannes Film Festival wrapped with jury president Alejandro González Iñárritu announcing the group’s unanimous decision to award the Palme d’Or to South Korean director Bong Joon-ho for his sly, politically charged “Parasite.” Following last year’s win for humanistic Japanese drama “Shoplifters,” the well-reviewed Asian thriller represents the yin [...]

  • Invisible Life Brazilian Cinema

    Cannes Film Review: 'The Invisible Life of Eurídice Gusmão'

    A “tropical melodrama” is how the marketing materials bill “The Invisible Life of Eurídice Gusmão.” If that sounds about the most high-camp subgenre ever devised, Karim Aïnouz’s ravishing period saga lives up to the description — high emotion articulated with utmost sincerity and heady stylistic excess, all in the perspiring environs of midcentury Rio de [...]

  • Best Movies of Cannes 2019

    The 10 Best Movies of Cannes 2019

    The Cannes Film Festival is too rich an event to truly have an “off” year, but by the end of the 72nd edition, it was more or less universally acknowledged that the festival had regained a full-on, holy-moutaintop-of-art luster that was a bit lacking the year before. It helps, of course, to have headline-making movies [...]

  • Aladdin

    'Aladdin' Soaring to $100 Million-Plus Memorial Day Weekend Debut

    Disney’s live-action “Aladdin” remake is on its way to a commendable Memorial Day weekend debut with an estimated $109 million over the four-day period. The musical fantasy starring Will Smith and Mena Massoud should uncover about $87 million in its first three days from 4,476 North American theaters after taking in $31 million on Friday. [...]

More From Our Brands

Access exclusive content