Indie film biz veteran David Dinerstein has been named the head of the newly formed distribution company, LD Distribution, a new entity created by production and distribution financier, Liddel Entertainment.
The new distributor plans to produce four to six films annually, with budgets up to $25 million, a company release stated Monday. LD Distribution's initial slate includes: "Killer Joe" from director William Friedkin and starring Matthew McConaughey; the recently wrapped production "Disconnect," starring Jason Bateman and Alexander Skarsgard from the Oscar nominated director Henry-Alex Rubin; and the horror film, "The Collection," from Marcus Dunstan and Patrick Melton, the writers of the latter three installments of the "Saw" series, the latest of which is in post-production.
“We are thrilled to bring David Dinerstein on board to run our new distribution operation," commented Mickey Liddell in a statement. "He is one of the leading independent marketers in our business and we are confident that he is the right person to lead the charge with our extraordinary slate of films."
Dinerstein, who heads LD as its president, has over 25 years of marketing, distribution and acquisition experience. Previously he was president of Lakeshore Entertainment, and president and co-founder of Paramount Classics. He was one of the original architects of Fox Searchlight as Senior Vice President of Marketing and was head of marketing at Miramax Films.
At Paramount Classics, which he co-founded, Dinerstein produced and distributed over 50 films including the Academy Award winner, "Hustle & Flow" by Craig Brewer, and the award-winning "Mad Hot Ballroom," one of the highest grossing documentaries of all time. While at the company he also created and oversaw campaigns for Sophia Coppola's "The Virgin Suicides," "You Can Count On Me," which received two Oscar nominations, and the Golden Globe nominated "Sunshine."
Most recently Dinerstein was president of D Squared Films.
“LD Distribution plans to take an innovative and forward thinking approach to the marketing and distribution of our films. Mickey and I look forward to building a successful company on both a creative and economic level,” said Dinerstein in a statement.
Added Chad Reineke, Liddell's head of business affairs: “With our level of production, combined with our current acquisition and financing activities, full-fledged theatrical distribution becomes the obvious next step."
Over the past few years, Liddell Entertainment acquired or produced a number of projects including the Academy Award nominated "Biutiful," starring Javier Bardem and directed by Alejandro González Iñárritu; "I Love You Phillip Morris" starring Jim Carrey and Ewan McGregor and "Good Hair" with Chris Rock.
Upcoming release include "The Details" starring Tobey Maguire, Elizabeth Banks, Laura Linney and Ray Liotta (The Weinstein Company acquired at Sundance 2011) as well as the genre movies, "The Haunting Of Molly Hartley" and "The Collector." Before opening Liddell Entertainment in 2006, Mickey Liddell produced "Go," "Broken Hearts Club," "Telling Lies in America" and television shows "Everwood" and "Jack and Bobby."