[Susan Foreman]

"***ANNOUNCEMENT***

"According to exclusive reporting from screen daily, The Criterion Collection and janus films has been purchased by Steven Rales, founder of Indian Paintbrush.

Screen Daily understands the leadership and mission of the companies will not change.

?We have grown our brands and audience with dedication to a set of values reflected in the films we release, the way we release them, and the way we conduct our business with our valued partners around the world,? said Peter Becker, president of Criterion and Janus Films.

?We are excited to continue that legacy and pursue new opportunities now available through this relationship.?

Sister companies Janus and Criterion are longtime champions of global classic cinema. Janus operates a library and also distributes, while Criterion is the home video label alongside Criterion Channel.

Last year the companies established Janus Contemporaries to present home-video editions of first-run releases after streaming on the Criterion Channel.

Rales has backed the films of Wes Anderson and other auteurs through his Indian Paintbrush production and financing company.
Further details were not available at time of writing.

Indian Paintbrush Productions LLC is an American film production company founded by businessman Steven Rales in 2006. It is based in Santa Monica, California, and specializes in the production and distribution of comedy-drama and romantic films. Rales and Indian Paintbrush have financed and produced several releases by filmmaker Wes Anderson, such as The Grand Budapest Hotel (2014), Isle of Dogs (2018), and The Wonderful Story of Henry Sugar (2023). Other notable credits include Like Crazy (2011) and Me and Earl and the Dying Girl (2015)."

https://www.screendaily.com/news/ind...193832.article