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Lorem Ipsum Corp. Acquires Control over Russian Film Distributor Arthouse BACK TO ALL NEWS

Lorem Ipsum Corp. Acquires Control over Russian Film Distributor Arthouse

25 Jan 2016

New York-based media holding company Lorem Ipsum Corp. acquired 100% of Arthouse, a leading Russian distributor of foreign and independent films. Lorem Ipsum Corp. previously held 50% of the company, with the other 50% belonging to Sam Klebanov, a veteran Russian distributor. Under the new arrangement, Mr. Klebanov will be leaving Arthouse; co-founder Yan Vizinberg will remain the company’s CEO.

Despite the tough economic situation in Russia, Lorem Ipsum Corp.’s co-founder Abigail Honor says the company “intends to provide further financing for Arthouse’s expansion plans, which include new acquisitions as well as new staff members.”

Evgeny Pivovarov joins Arthouse as Managing Director. Mr. Pivovarov was previously co-founder of Russian film distributor All Media, which handled releases of films by Tim Burton and Hayao Miyazaki. Says Pivovarov: “I’m very excited to join Arthouse. We are planning to take the company to the next level by focusing on films with top talent from the most acclaimed international directors. We will also be paying special attention to the way we market our titles and are planning to attract top marketing talent to Arthouse.”.

Elena Mironchik, formerly head booker for the now defunct Caravella and Deputy Head of Theatrical Distribution for Bazelevs Distribution, joins the company as its Head of Theatrical Distribution. “I’m glad that I am joining Arthouse at this time of change and growth. We are starting the year strongly with ‘Carol’ and are planning to continue with projects of the same caliber going forward,” says Mironchik.

Carol” by Todd Haynes, starring Cate Blanchett and Rooney Mara, will be Arthouse’s next release. With six Academy Award nominations and nine BAFTA nominations, the film is scheduled to open in Russia on March 10, 2016.


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Lorem Ipsum Corp. Acquires Control over Russian Film Distributor Arthouse