7 February 2014 4:25 AM, PST | Deadline | See recent Deadline news »

Update, 4:25 Am: Exclusive Media co-chairman/CEO Nigel Sinclair has confirmed Deadline’s exclusive story last night that a reorganization is underway at the company, one that very well could leave the co-founders no longer running the label after some big bets didn’t pay off. Sinclair issued this statement: “Exclusive Media’s management is engaged in collaborative discussions with our partners from Dasym Investment Strategies Bv regarding the forward plan for the company. We will make an announcement regarding the outcome of these discussions at the appropriate time.” Previous Exclusive, Thursday Pm: The talk of Berlin is a shake-up that is going on right now at Exclusive Media, the production and foreign sales company that is headed by Nigel Sinclair and Guy East. I’m hearing that this will likely end with both of them either leaving those executive posts or transitioning into producing deals. Insiders acknowledge the turmoil, »


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