The Pride distributor is now entirely owned by Lorem Ipsum. Carol will be its next release in the territory.

Pride

New York-based media company Lorem Ipsum Corp has acquired 100% of Russian distributor Arthouse.

The US outfit, which previously held 50% of the distributor, has purchased the remaining 50% from Arthouse co-founder Sam Klebanov, who will leave the company.

Arthouse specialises in distributing foreign and independent films, and released British LGBT title Pride last year.  

The company’s next film will be Oscar-nominated lesbian drama Carol, which it will release despite Russia’s apparent laws against “gay propaganda”.

Arthouse has also made two new hires: Evgeny Pivovarov, co-founder of Russian distributor All Media, joins as managing director, while Elena Mironchik, previously of Bazelevs Distribution and Caravella, joins as head of theatrical distribution.

Co-founder Yan Vizinberg will remain Arthouse’s CEO.

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