Tribeca Launches Distribution Division to Bring More Festival Films to Streaming Platforms

Tribeca Enterprises, best known for hosting the Tribeca Film Festival in New York City, has partnered with Giant Pictures to make independent festival films more accessible on streaming platforms with the launch of a new distribution label called Tribeca Films."

The division will focus on promoting and distributing independent films on streaming platforms and generating revenue for filmmakers. Expanding on Tribeca's previous distribution initiatives, the label will acquire feature-length narrative, documentary, and animated films and back them up with marketing support through Tribeca's media channels.

Giant Pictures, an already established digital distribution agency, will facilitate licensing agreements, use of creative materials, technical operations, and royalty accounting for Tribeca Films' films.

Tribeca Films will launch with six titles to be announced in the spring, prior to the Tribeca Film Festival in June. The label says it plans to acquire as many as 35 films a year from festivals such as Sundance, SXSW, Berlin, Cannes, Toronto, and of course Tribeca.

Tribeca co-founder and CEO Jane Rosenthal said in a release accompanying the announcement: [The Tribeca Film Festival has always bet big on independent films and for over 20 years has been a global platform for emerging filmmakers. As the film industry grows, we recognize the need to better support independent filmmakers in today's crowded streaming and distribution marketplace. Too many new voices are not reaching audiences. Tribeca Films will spotlight such films and give them life beyond the confines of the festival.

Nick Savva, general manager of Giant Pictures, added:

At a time when specialty film deals are getting harder to come by, this is a great time for Tribeca to re-enter the U.S. distribution scene. We look forward to bringing Tribeca's highly acclaimed film slate to top-tier streaming platforms.

All films eligible for Tribeca Films selection must have a digital version available for broadcast to U.S. audiences.