Toronto: Submarine to Launch German Distribution Label (Exclusive)
TORONTO -- Submarine Entertainment, Dakota Group and German distributor NFP are teaming up to launch a new distribution label in Germany.
Dubbed Periscope Pictures, the joint venture will release five or more titles a year, including the Arctic-set documentary Chasing Ice, which Submarine Deluxe released theatrically in the United States.
Periscope's debut slate is coming together at the Toronto Film Festival, where Submarine also is handling four titles, including the thriller We Gotta Get Out of This Place. That film made its world premiere at the festival Sept. 7.
The new label brings together Submarine, which sold last year's Oscar-winning documentary Searching for Sugar Man, and the distributor that brought the original Girl With the Dragon Tattoo trilogy into theaters in Germany. Dakota Group is a player in the New York indie scene and has produced such films as David O. Russell's Spanking the Monkey, Bobby Fischer Against the World and Marina Abramovic the Artist Is Present.
The deal was negotiated by Submarine's David Koh, Dan Braun and Josh Braun and Dakota Group's Stanley Buchthal alongside Christophe Ott and Alexandre Thies of NFP.
Periscope will release films theatrically and on DVD, VOD, digital, SVOD and TV in Germany, Austria and German-speaking Switzerland, collectively a top five territory.
"We have already had a great collaboration on many movies, and it was the next step to make something more formal," Josh Braun said. "Christophe and Alexander have always impressed us with their marketing and distribution acumen, and they have become great friends. We look forward to collaborating with them on the Periscope Pictures label with our filmmakers and producers, who could not be in better hands."
Added Ott: "(Submarine and Dakota Group's) taste of film is unique. We've become friends during the last years, and we believe with them in great movies, great stories, great filmmakers and great films."
Berlin-based NFP's recent and upcoming titles include Of Gods and Men, Headhunters, Wim Wender's Pina, Hannah Arendt and Sony Pictures Classics' The Lunchbox, which is making its North American premiere at the festival.
Submarine is a New York-based sales, production and distribution company best known for award-winning documentaries. Recent and upcoming titles include Twenty Feet From Stardom, Blackfish, Cutie & the Boxer and The Summit. Submarine also represents the Creepy and Eerie comic book library and and recently partnered with Dakota Group to launch the low-budget genre label called Torpedo Pictures.