In its second high-profile corporate move of recent weeks that illustrates expanding strategic ambitions, the Canadian giant has invested an undisclosed amount into the Los Angeles-based production company.
Nick Meyer and Marc Schaberg’s Sierra Pictures will use eOne’s equity investment to grow its production slate, which includes spy thriller The Coldest City starring Charlize Theron (pictured).
Sierra/Affinity, the international sales venture between Sierra Pictures, OddLot Entertainment and Bold Films, will handle international sales outside the territories where eOne distributes directly – the UK, Canada, Australia/New Zealand, Spain and Benelux.
Sierra/Affinity, will handle sales outside these territories on films produced and acquired by eOne Features as well as those from The Mark Gordon Company, with whom eOne created a joint venture a year ago.
Sierra/Affinity will continue to represent exclusively films from Sidney Kimmel Entertainment, Blumhouse International, OddLot Entertainment and Bold Films, as well those from third-party producers.
eOne recently invested in Amblin Partners with Steven Spielberg, Participant Media and Reliance Entertainment.
Anick Poirier and her team will continue to handle sales at eOne’s Seville International on arthouse films from Canada and around the world under the joint stewardship of Meyer and eOne’s Patrick Roy.
eOne was represented in the transaction by Matt Thompson of Sidley Austin, LLP; with Chris Brearton, Robert Haymer and Ken Deutsch of Latham & Watkins representing Meyer, Schaberg and Sierra Pictures.
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