9 December 2009 12:00 PM, PST | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

Hidden Treasures, the holding company of Richard Lorber's Lorber Ht Digital, has acquired Donald Krim's Kino International and will merge to form Kino Lorber.

Principals Donald Krim and Richard Lorber will each serve as co-presidents of the combined operation and together will continue to release films under their established labels -- Kino International and Lorber Films -- as well as through Lorber's Alive Mind for docs and Knitting Factory for music titles. No financial details were available.

Each exec will remain primarily responsible for acquisitions for his ongoing lines, along with other differentiated roles: Krim will guide the traditional distribution operations, while Lorber will be charged with business development and corporate strategy. Staffs of both companies will remain with the merged business.

The union brings together two execs, each with 30 years of experience, and film libraries that total 600 titles. The combined company will continue to distribute classic and »

- By Elizabeth Guider

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