Jeff Lipsky and Tim Grady Announce New Company at Toronto

TORONTO -- Jeff Lipsky and Tim Grady’s new independent distribution company — Adopt Films — has acquired its first film, French-American director Marie Losier’s documentary The Ballad of Genesis and Lady Jaye. The film will hit theaters in the first quarter of 2012.

Lipsky, well-known in indie film circles and the founder of the former October Films, and Grady, a longtime Twin Cities entrepreneur and former exhibitor, announced their new venture on the eve of the Toronto Film Festival, where The Ballad of Genesis is playing in the Hot Docs section.

Losier’s film tells the story of the love affair between innovative British musician and artist Genesis Breyer P-Orridge and New York performance artist Lady Jaye.

Adopt Films, based in New York, will focus on acquiring English-language and foreign-language features and documentaries.

It’s always critical that you put your best foot forward with your debut film and with ‘The Ballad of Genesis and Lady Jaye’ we’ve found the perfect vehicle with which to have Adopt Films greet the world,” Grady said in a statement.

The documentary premiered at the Berlin Film Festival earlier this year, where it won the Teddy and Caligary Awards. It was an official selection at this year’s South by Southwest (SXSW), and the San Francisco International Film Festival.

Losier produced the film with business and producing partners Steve Holmgren and Martin Marquet.