Movies

Tom Ortenberg floats Entertainment Company

MUMBAI: Less than a week after resigning from The Weinstein Company, Tom Ortenberg has disclosed plans of his new venture- One Way Out Media. The company will be based in Santa Monica and operate as a film consultancy, financier and distribution entity serving the independent community.

For the past eight months, Ortenberg had served as head of theatrical for the Weinsteins and prior to that was president of theatrical films at Lionsgate.

Orteneberg served more than 12 years at Lionsgate Entertainment, opening their Los Angeles office in 1996 and serving as president of theatrical films until 2009. He left to serve in the same capacity for the Weinsteins, a short-lived partnership that resulted in a parting of the ways last week.

Hoped Ortenberg, "We might finance a lower budget film, pre-buy North American rights to a film with partial financing or foreign sales in place, provide finishing funds or P&A, find a diamond in the rough at a film festival and self-distribute a picture theatrically, or even partner with an existing studio on a production or acquisition.

"One Way Out Media will allow me to use my expertise and passion for film to work closely with film-makers in getting their movies successfully financed and produced, as well as properly marketed and distributed."

Orteneberg started his film career at Columbia Pictures in 1985 as an assistant in the accounts receivables department and rising to the level of senior sales manager before leaving in 1989 to go to Hemdale Film Corporation, where he served as president of distribution and marketing


.

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