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Post by The Ultimate Nullifier on Nov 21, 2014 16:48:34 GMT -6
variety.com/2014/film/news/millennium-entertainment-buys-distributor-amplifys-l-a-operations-1201362146/Millennium Entertainment Buys Distributor Amplify’s L.A. Operations Millennium Entertainment has acquired the Los Angeles operations of multi-platform distributor Amplify for an undisclosed price. Millennium touted the deal as an enhancement of its digital distribution expertise. Amplify is financed by Preferred Ventures and Digital Media investor Chris Kelly. As part of the deal, Amplify’s Logan Mulvey will serve as Millennium’s senior VP of digital distribution and Amplify’s Los Angeles-based employees will be joining Millennium Entertainment. Amplify will continue to operate exclusively from New York as a theatrical and digital content distribution company. The deal comes three months after the management team of Millennium Entertainment partnered with Virgo Investment Group to acquire the Millennium Entertainment catalog assets and film distribution platform. Millennium released the comedy “Elsa and Fred,” starring Shirley MacLaine and Christopher Plummer, and will handle Barry Levinson’s “The Humbling,” starring Al Pacino and Greta Gerwig.
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Post by The Ultimate Nullifier on Nov 21, 2014 17:19:01 GMT -6
deadline.com/2014/11/millenium-entertainment-bolsters-digital-with-amplify-la-1201291889/Millenium Entertainment Bolsters Digital With Amplify LA Millenium Entertainment continues to beef up it digital distribution capabilities with the acquisition of Amplify’s Los Angeles operation, the multi-platform distrib banner financed by Preferred Ventures and Digital Media investor Chris Kelly. As part of the deal, Amplify’s Logan Mulvey, who has served as CEO for the past year, will serve as Millennium’s SVP of Digital Distribution, effective immediately. Along with Mulvey, Amplify’s LA-based employees will be joining Millennium in various roles within marketing and digital distribution. Amplify will continue to operate exclusively from New York as a theatrical and digital content distribution company. “Following our acquisition of Variance Films in March of this year, our goal has been to consolidate the digital and theatrical distribution operations of Amplify into New York. It was also important to us that those working in our LA office find an opportunity that would allow them to remain in LA. This transaction provided us the opportunity to accomplish this,” said Amplify Chairman Ed Ojdana. “Acquiring Amplify’s Los Angeles operation allows us to further enhance our premiere digital service which will maximize digital opportunities for Millennium,” said Bill Lee, CEO of Millennium Entertainment. “We’re excited to welcome Logan and his Los Angeles team to the family.” In August the management team of Millennium Entertainment led by CEO Bill Lee, and private investment firm Virgo Investment Group partnered to acquire the Millennium Entertainment catalog assets and film distribution platform from a consortium of investors. As a part of the transaction, Millennium Entertainment will undergo a name change in the coming months. The deal was negotiated by Preferred Ventures Managing Partner Kevin Iwashina on behalf of Amplify, and Millennium Entertainment CEO Bill Lee.
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Post by The Ultimate Nullifier on Nov 21, 2014 18:30:24 GMT -6
www.hollywoodreporter.com/news/millennium-entertainment-acquires-amplifys-los-751174Millennium Entertainment Acquires Amplify's Los Angeles Operation Logan Mulvey joins Millennium as senior vp digital distribution As it expands its digital distribution capability, Millennium Entertainment has acquired the operations of the Los Angeles office of Amplify, the multiplatform distribution company financed by Preferred Ventures and Digital Media investor Chris Kelly. As part of the deal, which was announced Friday, Logan Mulvey, who has served as CEO of Amplify for the past year, overseeing acquisitions, business development, sales, and overall strategy, will become Millennium's senior vp digital distribution, effective immediately. Additionally, Millenium said, Amplify's Los Angeles-based employees will join Millennium's marketing and digital distribution teams. Amplify will continue to operate exclusively from New York as a theatrical and digital-content distribution company. The deal was negotiated by Preferred Ventures managing partner Kevin Iwashina, on behalf of Amplify, and Millennium CEO Bill Lee. Speaking to his plans for Amplify, its chairman Ed Ojdana said, "Following our acquisition of Variance Films in March of this year, our goal has been to consolidate the digital and theatrical distribution operations of Amplify into New York. It was also important to us that those working in our L.A. office find an opportunity that would allow them to remain in L.A. This transaction provided us the opportunity to accomplish this." In August, Millennium's management team led by Lee, and Virgo Investment Group, a private investment firm, partnered to acquire the Millennium Entertainment catalog assets and film distribution platform from a consortium of investors. As a part of the transaction, Millennium Entertainment will undergo a name change in the coming months. "Acquiring Amplify's Los Angeles operation allows us to further enhance our premiere digital service, which will maximize digital opportunities for Millennium," Lee said.
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