CANNES, France: Exclusive Media, the global film production, sales and distribution company has signed a rolling 4 picture equity deal (up to 12 pictures) with UK-based entrepreneur and technology guru Toby Moores and film industry veteran Wendy Rutland.
The investment by Moores will see him take an equity position in some of Exclusive Media’s upcoming slate of films. The structure is designed as the foundation of a long term partnership, and it is the goal of the partners to expand the relationship beyond the initial transaction.
Moores is a UK based entrepreneur and investor in disruptive technologies. The Moores family founded the Littlewoods Business Empire, which sold in 2002 for several billion dollars.
Wendy Rutland is a highly respected film industry professional with an extensive global network, and 20 years experience in acquisitions and distribution.
Moores said: “Wendy and I are delighted to commence our partnership via a deal with Exclusive Media. They are the perfect partner for us.”
Nigel Sinclair, Exclusive Media’s Co-Chairman and CEO, said: “We are looking forward to being in business with Toby and Wendy, and excited to see this new structure grow into something bigger.”
The deal was negotiated by Wendy Rutland, David Chidekel and Exclusive Media’s Chris Lytton. The deal was brought into the company by Exclusive Media’s Alex Brunner.