By Jack Dunn
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Outerlight Entertainment, the media investment firm formerly known as First Look Entertainment, has acquired Bleecker Street, the indie film studio behind Alex Gibney’s upcoming documentary “Musk.” Financial terms were not disclosed.
Under the deal, Bleecker Street will continue to operate independently under CEO Kent Sanderson and president and chief marketing officer Tyler DiNapoli. Bleecker will retain control of its slate, acquisitions, distribution, marketing, filmmaker relationships and daily operations. Priorities for the combined companies include increasing Bleecker’s spending power as a buyer and distributor and muscling up Crosswalk, the studio’s event cinema label. Crosswalk’s recent releases include “Hadestown: The Musical” and “Stray Kids: The DominATE Experience.”
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