Mike Newell's TIFF Entry 'Great Expectations' Goes to Outsource Media Group

Festivals
by Anne Thompson
September 8, 2012 12:48 PM
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Mike Newell's 'Great Expectations'
Before its Toronto Film Fest unveiling Tuesday, North American rights to Mike Newell's "Great Expectations" have gone to new LA/NY private equity fund Outsource Media Group. Ralph Fiennes, Helena Bonham Carter, Jeremy Irvine, and Holliday Grainger star in this latest version of the Dickens classic. Outsource Media Group will handle P & A on the film and will now look for distribution partners for this film and its upcoming slate of pre-buys and acquisitions.

"With our first acquisition of Mike Newell's 'Great Expectations,' we have chosen a perfect film, one that sets the tone and scope for the type of films to which we are looking to provide advertising support,” said Bradley Holmes, CEO of Outsource Media Group. “For the films, it gives the financial support to the release that they deserve, and for our distribution partners, it allows them to add new and important product to their release slates. We look forward to initiating these discussions in Toronto."

Produced by partners Elizabeth Karlsen and Stephen Woolley, the film was partially financed by Louisville, Kentucky-based motion picture finance group Hart/Lunsford Pictures and New York production and distribution company Unison Films, which sold the North American rights to Outsource Media Group. The balance of the financing came from BBC Films, the BFI Film Fund and Lipsync Productions. Hanway World Sales handles all international sales.

Outsource's financing comes from corporate and individual investors, including the Canadian film and finance firm, 982 Media. OMG principals include Bradley Holmes, Harrison Kordestani and Dan Reardon. The company has hired as advisors Waynbe Duband, a former Warners international exec, and respected ex-New Line Cinema marketing chief Russell Schwartz.

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