Cinemavault dips toe into exhibition waters
Canadian sales agent releasing 'Outsourced' this weekTORONTO -- Canadian indie film sales agent Cinemavault has begun to theatrically release features in Canada to support international sales.
Toronto-based Cinemavault will release U.S. filmmaker John Jeffcoat's comedy "Outsourced" this week, the Josh Hamilton starrer about an American salesman sent to India to train his replacement, in Toronto and Vancouver.
Cinemevault CEO Nick Stiliadis said he wants a hand in how his titles are marketed and released in Canada to better their chances for international sales.
Also set for release here is the Jerome Laperrousaz music documentary "Made in Jamaica," to open Oct. 31; Patrick Creadon's "I.O.U.S.A," a Sundance documentary that warned of the current U.S. debt crisis; and the 3-D horror film "Scar."
Cinemavault, which acquires about 25 titles annually for international sale, expects to release 10 -12 films theatrically each year in Canada.
The move comes amid increasing industry consolidation in the Canadian distribution sector, led by Montreal-based indie Alliance Films.