Dominic Ianno’s new Hollywood content creator Roundtable Entertainment and Cinedigm have struck a multi-film financing, producing, distribution and streaming channel partnership.
Cinedigm takes a minority shareholder position in Roundtable and will distribute original content from the partnership on its OTT networks and third-party platforms.
Early activity includes a $15m slate of 10 thriller features led by All My Friends Are Dead. Kevin Greutert of the Saw franchise will direct the story about friends who start to die one by one during a weekend music festival in a series of killings linked to the Seven Deadly Sins.
John Baldecchi is producing and Ianno serves as executive producer. Ingenious Media provides production funding.
The strategic arrangement will also see the companies launch multiple enthusiast streaming channels together. Erick Opeka, Cinedigm’s president and chief strategy officer, will join Roundtable’s board alongside president and CEO Ianno, Robert Norton and James Fields of Klingenstein Fields Advisors.
Ianno said Cinedigm’s core distribution strength and digital nous focused on youth markets would enable the partners to create profitable films. Cinedigm chairman and CEO Chris McGurk said the alliance would allow Cinedigm to grow its streaming business in “a low cost, capital-efficient and high return manner”.
Cinedigm’s chief content officer Yolanda Macias and interim chief business officer Robert Norton on behalf of Roundtable negotiated the slate deal.
Roundtable’s initial content slate includes revenge thriller Sacrament directed by Gary Fleder which centres on a former military operative who seeks out a drug cartel in Mexico to avenge his son’s death; and comedy series Fame & Misfortune starring Jane Seymour.
No comments yet