Indie film and TV distributor Alchemy has acquired film distribution assets of Anconnect and Anderson Digital, both divisions of Anderson Media Corporation, the company announced.
The L.A.-based company also confirmed it’s formed a strategic alliance with independent media and distribution company Arc Entertainment (a supplier of faith and family content to U.S. retailers such as Walmart).
Formerly known as Millennium Entertainment, Alchemy has been the distributor for titles including Trust (starring Clive Owen) and Richard Linklater’s Bernie.
Now, with the ink dry on the recent deals, Alchemy’s content library expands to more than 1,300 films and 3,000 television episodes. The acquisition of Anderson Digital also puts the company in position for multi-platform distribution and, according to Bill Lee, Alchemy CEO, strengthens its overall ability to compete globally against larger digital distributors.
New content partners for Alchemy now include Bagdasarian Productions (Alvin and the Chipmunks), DreamWorks Animation’s non-theatrical and classics divisions (Casper the Friendly Ghost, VeggieTales, pictured), Microsoft, Team Marketing, Vertical, Go Well USA and XLrator.
The acquisition of Anconnect and Anderson Digital was negotiated by Lee and Jim Jenkins, Alchemy’s EVP of operations, along with Charlie Anderson, Bill Lardie and Chuck Taylor with Anderson Media Corporation.
The strategic alliance with Arc Entertainment was negotiated by Lee and Jenkins with Arc CEO Trevor Drinkwater.