eOne International Film Sales Unit To Be Shuttered Following Sierra Investment

As had been expected, eOne International’s film sales division will be wound down following parent eOne’s investment in Nick Meyer’s Sierra Pictures. Sales veteran Meyer, a well-respected figure in the industry, will now take over sales on forthcoming eOne titles.

Sierra, in whom eOne announced an investment for a minority stake last Thursday, will rep both its own and eOne’s slate at the forthcoming European Film Market in Berlin in February. As part of the agreement, Sierra will handle international sales and distribution of films produced and acquired by eOne Features — as well as eOne-distributed films from the Mark Gordon Company. 

There has been no official comment yet from eOne on the number of job losses from the sales department and if any eOne sales execs will be co-opted into Sierra’s structure. The investment in Sierra is very much part of eOne’s desire to get access to higher profile U.S. product to supply both its international distribution operations and also foster stronger links with other indie and studio buyers domestically and in other international territories.

Sierra’s slate includes Charlize Theron-starrer The Coldest City and Matthew McConaughey adventure pic Gold. eOne’s production division, led by Xavier Marchand, and its boutique sales arm Seville Pictures, led by Anick Poirier, are not believed to be affected. eOne has enjoyed success in recent months with the likes of awards contenders Spotlight and Trumbo.

This article was printed from https://deadline.com/2016/01/eone-international-to-be-shuttered-following-sierra-investment-1201681861/