Echo Bridge Looks to Fill Gap in Independent Films16 Feb, 2005 By: Jessica Wolf
Echo Bridge Entertainment, through its recent merger with Platinum Disc Corp., hopes to fill a void in the independent market.
The Platinum Disc acquisition puts the year-old company in control of more than 2,200 titles, some of them value-priced DVDs.
Platinum Disc's catalog also includes 150 titles from Hallmark's Gold Crown Media library, featuring TV movies from the 1990s with stars like Angelina Jolie, Catherine Zeta-Jones, Angelica Houston, Val Kilmer and George C. Scott.
There's room in the market for Echo Bridge to emerge as a player as an independent supplier, said Michael Alexander, Echo Bridge managing partner, especially since the merger between Artisan and Lions Gate. That yielded such a huge library for the merged company that other companies were able to pick up contracts that the new Lions Gate didn't renew, like Platinum Disc's acquisition of Hallmark programming, he said.
“There's more product out there and being produced than there are well-financed, well-produced distribution companies that can give them their appropriate chance in the market,” Alexander said.
Echo Bridge also recently released its first theatrical product When Zachary Beaver Comes to Town and is looking at acquiring more product to take through the entire process from theatrical to video, to TV to international sales, Alexander said.
“What we're doing here is building a full-service independent film distribution company,” he said.