The New York-based company, which was in Cannes scouting for titles for its inaugural slate and selling rights to Yauch's documentary Gunnin' For That # I Spot to Diffusion Partners in the UK and other distributors, plans a summer theatrical and winter DVD release.
FLOW premiered at Sundance earlier in the year and explores the creeping tide of water privatisation, the impact of damn construction on global communities and the reality behind certain water bottling practices. Irena Salina directed.
'This film is a wake-up call, and I'm glad for Oscilloscope to be involved in bringing it to a wider audience,' Yauch said. 'I was overwhelmed by the enormity of this crisis. The film stayed with me, and I still keep thinking back on it. It contains information that people need to know.'
'In the post-Sundance deluge, Oscilloscope's passion for how to distribute FLOW: For Love Of Water really stood out,' producer Steven Starr said. 'Adam, David and their team truly get the future of film distribution: artist-centric, fearless, tech adept. We're thrilled to be Oscilloscope's first partners.'
Fenkel brokered the deal at Cannes with Starr and Josh Braun of Submarine on behalf of the film-makers.
Oscilloscope Pictures is part of the music, film and post-production umbrella group Oscilloscope Laboratories that launched at the start of the year. Oscilloscope will release Gunnin' For That #1 Spot in US theatres on June 27.