Submarine to handle Participant doc sales

Participant slate includes new work by Davis Guggenheim

Josh Braun's Submarine Entertainment has pacted with Participant Media to handle North American sales and consult on worldwide sales of Participant's upcoming slate of docs, which includes new work by Davis Guggenheim, Lucy Walker and Brian Hill.

Braun will also consult with Participant on business and general strategy relating to its docs.

Submarine recently was responsible for securing distribution deals with Magnolia Pictures, Alliance Films and PBS's "P.O.V." for Participant and River Road Entertainment's documentary, "Food, Inc.," which has grossed more than $4 million domestically. It also handled sales on "The Cove," which was released by Roadside Attractions with Participant handling the social action campaign.

Submarine has handled such other indies as "Humpday," "Valentino: The Last Emperor," "Soul Power," "The Mystery Team," "Burma VJ" and Oscar-winner "Man on Wire."

Diane Weyermann, Participant exec vp, documentary production, said "We are delighted to formalize this arrangement with Josh for our upcoming docs. With his expert knowledge of the independent film business and passion for documentaries, he will be an invaluable asset as we look to secure distribution for our next slate of docs."

Braun said, ""Participant's genuine commitment to high quality and meaningful documentary films is rare and exciting to be part of. I'm thrilled to have the opportunity to continue to work with Diane and the Participant team in an ongoing arrangement that will allow us to more intimately collaborate and strategize on the documentary division's impressive upcoming slate as well as their overall goals moving forward."

Loeb and Loeb's Craig Emanuel provided Submarine with legal services in negotiating the deal.
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