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Toronto: Upstart Outsource Media Group Acquires Mike Newell’s ‘Great Expectations’

EXCLUSIVE: New funding enterprise Outsource Media Group has made itself known here at the Toronto Film Festival by acquiring North American rights to the Mike Newell-directed Great Expectations. The film, which stars Ralph Fiennes, Helena Bonham Carter, Jeremy Irvine, and Holliday Grainger, was sold before its Gala Premiere. Partners Elizabeth Karlsen and Stephen Woolley produced the film. Great Expectations premieres Tuesday at Roy Thompson Hall. Outsource Media Group will make a deal with distributors for North America, and the financier will put up P&A for theatrical releases through a fund it intends to use to build an acquisition slate of finished films and pre-buys. In other words, a new indie buyer has entered the scene. The company is a private equity fund based in Los Angeles and New York whose financing comes from several corporate and individual investors, including the Canadian film and finance firm, 982 Media. OMG principals, who include Bradley Holmes, Harrison Kordestani and Dan Reardon, plan to. OMG seeks to acquire a mix of specialized and commercial films and put up the P&A for distributors chosen to release each film. Former Warner Bros International president Wayne Duband and former New Line Cinema marketing president Russell Schwartz are advising the new entity. Newell’s ... Read More »

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