Magazine article Screen International

Exclusive Media Invests in Millennium Entertainment

Magazine article Screen International

Exclusive Media Invests in Millennium Entertainment

Article excerpt

Screendaily broke the story in Cannes that Nigel Sinclair and Guy East's ambitious company was circling Millennium Entertainment and the principals joined Nu Image founders Avi Lerner and Trevor Short on Tuesday (25) to announce they had acquired a minority stake.

The deal bolsters infrastructure at the fledgling Exclusive Releasing and means that select titles will go through Millennium's home entertainment pipeline.

Millennium Entertainment CEO Bill Lee and his team will continue to manage and grow the business and work alongside Exclusive Releasing senior management.

Exclusive Media COO Marc Schipper (pictured next to separate picture of Sinclair) brokered the deal with Nu Image/Millennium's Trevor Short. Evolution Media Capital introduced Exclusive Media to Millennium.

"We've known Nigel and Guy for many years," Lerner and Short said in a press release. "Exclusive Media has excellent taste and is making some great films so we're excited by this arrangement and look forward to Exclusive Media bringing further impetus to the next stage of Millennium Entertainment's growth. …

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