Indie Distributor Bleecker Street Sold to Firm Backed By Billionaire Pierre Omidyar - Yahoo News Canada
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Bleecker Street, the indie distribution label behind awards season hopefuls and audience-loved horror, is being acquired by Outerlight Entertainment (formerly First Look Entertainment). Bleecker will remain under the leadership of CEO Kent Sanderson, as well as president and CMO Tyler DiNapoli, and will operate independently from Outerlight's other assets. Along with Bleecker, Outerlight's portfolio includes Club Kid producer-financier Topic Studios and Puzzle Pictures. (There is no deal with Bleecker and Topic; Topic will continue to take its projects out to the open market to other distributors.)More from The Hollywood ReporterThe capital from the acquisition will allow Bleecker to continue to operate its film business and build out its event label, Crosswalk. The backer behind the newly titled Outerlight Entertainment is eBay billionaire Pierre Omidyar. Bleecker is a presence at every film festival and market, known as a main player in the specialty space. Recent and upcoming releases exemplify Bleecker's varied slate, from the RuPaul-fronted comedy Stop! That! Train!
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