First Look Media has accessed new capital to the tune of $8m from a new deal with Reverge Anselmo's Seven Hills Pictures to further build its domestic distribution operation.

Under the deal, which was signed this week, Seven Hills will invest $6.05m in cash in First Look, in addition to $2m in subordinated debt which will be used to fund a joint venture between Seven Hills and First Look to provide P&A funds for the release of films selected either by Seven Hills or by First Look.

As part of the deal, Seven Hills-produced films will be released in the US by First Look Pictures and sold in international markets by sister company Overseas Filmgroup.

First Look Pictures was created in 1993 and has since released 34 films including Bread And Tulips, Antonia's Line and The Secret Of Roan Inish.