Every time I write about this rag trade billionaire’s indie film company, it’s getting smaller by restructuring. Now Sidney Kimmel Entertainment is consolidating its foreign sales operations with former Paramount Vantage prez Nick Meyer’s new Sierra Pictures. As a result, Meyer’s company and NY-based Kimmel International are both moving to SKE’s Beverly Hills headquarters. And Kimmel International head Mark Lindsay has resigned to remain in New York. Bingham Ray, SKE’s President of Creative Affairs, who has maintained a bi-coastal status, will be spending more time in Los Angeles. “Sierra will immediately handle all sales and servicing of the existing Kimmel International titles as well as future SKE projects to be announced imminently,” the news release said. “The consolidation enables SKE to focus exclusively on its core business of developing, financing and producing motion pictures.” SKE President Jim Tauber was quoted as saying, “Nick has a stellar track record in the foreign sales business from Sony to Lions Gate and we couldn’t be more pleased that we can be a ground floor tenant in his new enterprise.” And Meyer himself stated, “We look forward to a long and prosperous association together.” SKE has financed and produced, both independently and with studio partners, 18 features since Kimmel founded the company in 2004, including recent releases Management, Adventureland, Synecdoche, New York.
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