EXCLUSIVE: Oscar profitable producer and distributor Voltage Footage has taken a serious step in its growth technique by buying a controlling curiosity within the worldwide gross sales and finance firm The Alternate.
Beneath the brand new construction, Brian O’Shea will stay CEO of The Alternate, specializing in inventive technique and increasing the slate of tasks, whereas Sarah Dunn, Voltage’s COO, will oversee day-to-day operations. As well as, Alexandra Cocean has been promoted to President of International Gross sales and Distribution, working throughout each entities to combine their varied movies.
Nicolas Chartier, CEO of Voltage Footage stated: “Brian and I’ve been associates for years, and we’re thrilled to lastly collaborate in a significant means. By bringing Voltage’s operational energy and manufacturing experience along with The Alternate’s entrepreneurial acumen, we’re creating a novel platform to empower filmmakers and develop our world footprint. This partnership permits us to supercharge The Alternate, enabling Brian to give attention to creating nice movies whereas Voltage helps the again workplace and infrastructure. We’re all the time in search of methods to broaden and develop, and buying extra corporations and libraries has all the time been on the prime of my checklist.”
O’Shea added: “This merger is a pure evolution. Combining the inventive and industrial strengths of Voltage and The Alternate positions us to ship extra formidable tasks and higher serve our companions worldwide. With Sarah and Alexandra moving into key management roles, I’m assured this partnership will unlock new alternatives and elevate what each corporations can obtain collectively.”
Ron Levin of Levin Regulation Corp represented Voltage Footage within the transaction. Eric Harbert of Raskin Regulation LLP represented The Alternate.
Voltage produced the Kathryn Bigelow Oscar Greatest Image winner The Harm Locker, in addition to Oscar winner The Dallas Patrons Membership, and the YA romance world After franchise primarily based on the Anna Todd novels.
