E1 has also acquired Canadian rights to THINKFilm's 235-title library for the remainder of the term that THINKFilm holds license to the properties. The content will be distributed in Canada by E1 subsidiary Seville Pictures.
The deal will increase Seville's theatrical distribution slate past 50 titles per year. E1 will expand its Toronto operation to handle the increased volume of titles from this and recently signed output pacts with Summit Entertainment and Yari Film Group.
The library pick-up, which includes such films as Ang Lee's Crouching Tiger, Hidden Dragon, Pedro Almodovar's All About My Mother and Woody Allen's Sweet And Lowdown, increases E1's film catalogue to over 700 titles. Since its acquisition in 2006 by US film financier David Bergstein, THINKFilm can no longer release third-party acquisitions in Canada.
The deal was negotiated by THINKFilm president and CEO Jeff Sackman and executive Marc Hirshberg alongside E1's film entertainment president Patrice Theroux and Seville president David Reckziegel.
Think's current and upcoming US line-up includes Bordertown, starring Jennifer Lopez and Antonio Banderas; In The Shadow Of The Moon, winner of the World Cinema Audience Award at Sundance last year; Sidney Lumet's Before The Devil Knows You're Dead; Paul Schrader's The Walker; director Jieho Lee's feature debut The Air I Breathe, starring Sarah Michelle Gellar; and two award-winning documentaries: Bill Guttentag and Dan Sturman's Nanking and Alex Gibney's Oscar-winning Taxi To The Dark Side.