By Nigel M Smith | Indiewire February 10, 2011 at 7:06AM
John Flock, Warren Nimchuk and Warren Fergus have branded together to form W2 Media, a new film distribution company based out of Los Angeles, Vancouver and Toronto.
Flock, the CEO of W2, previously served as CEO of Peace Arch Entertainment Group, a publicly traded film and television company best known for its Showtime series "The Tudors."
W2's international sales slate debuts this week at the European Film Market in Berlin. Titles include Lucky McKee's "The Woman," Alex Rockwell's "Pete Smalls is Dead," and "Shadows and Lives" starring James Franco.
The company's first release, "Essential Killing," is set to open March 31.
Full release below:
FILM INDUSTRY EXECUTIVES LAUNCH NORTH AMERICAN DISTRIBUTION, FINANCE AND INTERNATIONAL SALES COMPANY W2 MEDIA
Company Unveils First Acquisition as Well as Int’l Sales Slate in Berlin
Los Angeles, CA / Berlin, Germany – February 10, 2011 – Entertainment industry veterans John Flock, Warren Nimchuk and Warren Fergus announced today the formation of W2 Media - a new motion picture distribution company operating out of Los Angeles, Vancouver and Toronto, that acquires completed films for domestic, international and/or worldwide distribution and also pre-buys rights to well-packaged projects that have or are likely to have meaningful theatrical distribution in the United States.
Through its affiliate, W2 Entertainment Finance, W2 can finance tax credits and other production incentives, fund cash flow against domestic and international pre-sales, provide print and advertising financing, and arrange gap financing on quality projects, typically in the $2 million to $8 million budget range.
John Flock is W2 Media’s President and CEO and is responsible for all operational oversight. Flock was previously the CEO of Peace Arch Entertainment Group, a publicly traded film and television company best known for its Showtime series "The Tudors".
Film financing experts Warren Nimchuk and Warren Fergus are the Co-Chairmen of W2 Media and the Managing Directors of W2 Entertainment Finance.
Paul Gardner, who has held senior positions at Cineplex Odeon, Artisan Entertainment and Lionsgate, runs W2 Media’s North American distribution operations, and shares acquisitions oversight with former NBC and Lakeshore executive Julie Sultan, who heads the company’s international sales operation.
W2's international sales slate, debuting this week at the European Film Market in Berlin, includes Lucky McKee's horror sensation "The Woman," which had its world premiere at the 2011 Sundance Film Festival; Alex Rockwell's ensemble comedy "Pete Smalls is Dead," which was the opening night screening for the 2011 Slamdance Film Festival, and the poignant drama "Shadows and Lies" starring James Franco, Josh Lucas and Julianne Nicholson. Other titles in W2's international lineup include "Fred: The Movie," the top rated U.S. basic cable movie of 2010, and "The Rainbow Tribe," a charming family comedy starring David James Elliott.
W2 Media will release movies theatrically in both Canada and the United States, with its first release, "Essential Killing," set to open on March 31st.
W2 has a key output arrangement with Image Entertainment for DVD, digital and VOD distribution in the United States, and a similar arrangement with E1 Entertainment in Canada.