and Radiant Films International
have entered into a multi-faceted, strategic partnership to expand their combined production, finance and sales capabilities for commercial feature films. This alliance was recently announced by Cargo’s CEO and Managing Partner, Marina Grasic
, and Jan Korbelin
Managing Partner and Radiant’s President and CEO, Mimi Steinbauer
is an international sales agent, distributor, producer and packager of filmed entertainment, while Radiant Films International
is an international sales company funded through private equity sources which acquires and distributes theatrical feature films. Their similar visions and business capabilities make this partnership a logical move towards mutual growth.
As the first step in their new collaboration, Cargo has made an investment in Radiant with Steinbauer assuming the additional role of Cargo’s President of Distribution. Steinbauer and the sales team which includes newly appointed Radiant Senior Vice President John Short
, will handle foreign sales for all Cargo titles under the newly formed partnership with immediate effect.
With a focus on combining their respective areas of expertise to build a slate of high quality commercial films, Cargo and Radiant are actively looking to jointly finance, produce and launch 4 to 6 new films per year.
The companies will work side by side on joint initiatives but continue to operate as two separate entities. Radiant Films International
has a dynamic slate of titles being sold at Cannes including the newly announced romantic comedy "Carrie Pilby
" starring Hailee Steinfeld
and Tom Wilkinson
“Mimi is one of the savviest sales executives in the business with a proven track record balancing sales on specialty as well as high profile commercial films such as "The Hurt Locker
," "Blue Valentine
," "The Lord of the Rings
" Trilogy and "The Matrix." The strength of her experience make her a perfect partner as we look to substantially increase the scope of our productions. It’s a great partnership and we look forward to making a number of significant announcements to take us to that next level shortly,” said Cargo’s CEO and Managing Partner, Marina Grasic
“Marina and Cargo have built a reputation for producing high quality theatrical films that resonate with buyers across the globe. As they build on that reputation and expand their production operations with even bigger budget films, we are delighted to be partnering with Cargo. We look forward to this being just the beginning of a long and successful relationship,” said Steinbauer.
Cargo’s current completed titles include the comedy "Welcome to Me
," which had the highest grossing per screen average among limited releases at the U.S. box office opening weekend and stars Kristen Wiig
who produces alongside Will Ferrell
, Adam McKay
, Aaron L. Gilbert
, Jessica Elbaum
and Cargo’s Grasic. Their other titles include the political thriller "Zipper
" which world-premiered at the 2015 Sundance Film Festival and stars Patrick Wilson
and Dianna Agron
from executive producer Darren Aronofosky. U.S. distributor Alchemy is releasing both films and will distribute "Zipper
" later in the year.
Cargo’s upcoming films include the suspense thriller "The Price
" with Noomi Rapace
, currently in pre-production.
Additional titles on Radiant’s slate include the thriller "Take Down
" directed by Jim Gillespie
and starring Ed Westwick
, Jeremy Sumpter
, Phoebe Tonkin
and Sebastian Koch
and the unconventional romance "The Driftless Area
" starring Zooey Deschanel
and Anton Yelchin
which made its world-premiere at the 2015 Tribeca Film Festival. Both films are making their market screening premieres at the Cannes Film Market. Their other titles include two films coming to U.S. theatres in June: IFC Films
’ "Hungry Hearts
" starring Adam Driver
and Alba Rohrwacher
who both won Coppa Volpi Awards at the Venice Film Festival and Toronto Film Festival selection "Madame Bovary
" starring Mia Wasikowska
, Ezra Miller
and Paul Giamatti
to be released by Alchemy.
Other projects include "Dare to Be Wild" starring Emma Greenwell
”) and Tom Hughes
(BBC2’s “The Game
”) and "Whatever Makes You Happy
" in pre-production, set to star Susan Sarandon