Cohen Media Group Buys HanWay Movies in Main Acquisition – TheNewsBig » TheNewsBig

Cohen Media Group has acquired Jeremy Thomas’ prestigious worldwide product gross sales company HanWay Movies in an enormous deal.

Cohen Media Group owns Landmark Theatres contained in the U.S. and British distributor-exhibitor Curzon. HanWay Movies was based totally by Thomas and co-owned alongside collectively together with his accomplice Peter Watson.

Beneath the deal, HanWay Movies will proceed to be branded as an impartial label promoting theatrical titles to its distribution companions worldwide.

Peter Watson will proceed to function president of HanWay along with Gabrielle Stewart as CEO.

Philip Knatchbull, CEO of Curzon, negotiated the transaction on behalf of Cohen Media Group.

Based mostly in London, HanWay Movie’s present slate of upcoming movement footage accommodates a dozen titles, with eight movement footage in manufacturing or scheduled to enter manufacturing this 12 months. The broader catalogue accommodates 350 typical impartial movement footage from grasp administrators akin to Andrea Arnold, Jane Campion, David Cronenberg, Clint Eastwood, Milos Forman, Peter Greenaway, Todd Haynes, Takeshi Kitano, Steve McQueen, Sally Potter and Wim Wenders.

Throughout the meantime, Cohen Media Group’s Cohen Movie Assortment has its non-public library of over 800 movement footage, which incorporates wide-ranging typical cinema from Buster Keaton and the impartial movement footage of Service provider Ivory Productions, greatest acknowledged for “Howards Finish” and “Maurice.”

Cohen acknowledged of the deal: “HanWay is a longtime and acknowledged chief contained in the worldwide product gross sales market and Jeremy Thomas has extended had a dedication to a method of filmmaking that aligns completely with our imaginative and prescient. With the important adjustments persevering with to occur in our enterprise, we’re proud to make HanWay a part of our current model.”

Thomas added: “25 years contained in the product gross sales agency enterprise has given me huge satisfaction. I’m immensely happy with the enterprise I’ve constructed with Peter Watson. In Gabrielle Stewart, the corporate has an excellent CEO. I stay up for persevering with the important and stimulating relationship with HanWay that has sustained my movement footage for subsequently a variety of years. I’m blissful to be handing over the baton to Charles Cohen.”

Watson, president of HanWay Movies, generally known as the “choices for progress inherent inside the combination of our product gross sales enterprise into a good greater and dynamic worldwide improvement are very thrilling. Collectively we’re a drive in impartial cinema.”

Stewart, CEO of HanWay Movies, added that the deal is a “huge totally different to broaden our enterprise with the subsequent give consideration to turning into involved in duties earlier. We would have the dynamic functionality to bundle, finance and develop IP in a bunch of various methods and with the subsequent connection to distribution, whereas remaining true to the filmmaker-friendly and marketing-driven spirit that defines us as a workers.”

Thomas’ Recorded Image Company will defend its shut relationship to HanWay Movies, which is able to proceed to characterize movement footage from his upcoming slate. Watson may also proceed his place as CEO of Recorded Image Company. HanWay Movies may also proceed to characterize The Jeremy Thomas Assortment, Thomas’s library of flicks.

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