The 'Hustler' producer's STXinternational division will shop Black Bear titles internationally, and Elevation Pictures will distribute STX movies in Canada.
Robert Simonds’ STX Entertainment and Teddy Schwarzman’s Black Bear Pictures have struck an exclusive output deal that will see STXinternational, theproducer's international division, sell and distribute all Black Bear productions overseas.
The deal, unveiled Wednesday in time for the Berlin Film Festival, will also see Toronto-based Elevation Pictures, in which Black Bear has a major stake, distribute all STX productions in Canada after the international box office success of pics like"We are thrilled to further develop what has already been a highly successful partnership with Teddy, Black Bear, and Elevation Pictures," John Friedberg, president of STXinternational said in a statement, before adding: "Teddy’s...
The distribution tie-up also calls for STXinternational to distribute Black Bear’s films in the UK and Ireland, where they will complement the studio’s in-house productions and other international acquisitions. STX distributes its own films in the U.K., but has also recruited Amazon for SVOD releases of titles like
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