Exclusive Media Co-Chairmen Nigel Sinclair and Guy East have launched Exclusive Releasing, a new U.S. distribution and acquisitions company, the company announced Thursday at the Toronto International Film Festival.

Scott Pascucci will serve as President and COO and Matt Brodlie will serve as Head of Acquisitions for the new company, effective immediately.

Exclusive Releasing plans to theatrically distribute between three and four wide-and-platform releases per year, including select Exclusive Media-produced films as well as third-party titles.

The new company will also acquire films for accelerated-window and VOD release and develop and acquire alternative content, such as concert films and music documentaries. 

From 2001-2010,  Pascucci was President of Rhino Entertainment, a division of Warner Music Group encompassing home video, soundtracks, catalog acquisitions and development, film/TV/commercial licensing, and new releases by iconic artists.

Brodlie will spearhead the acquisitions of theatrical and ancillary titles. He most recently ran Paramount’s Worldwide Acquisitions Group, overseeing domestic and international acquisitions and local language productions.

"The launch of Exclusive Releasing is the exciting and logical next step for Exclusive Media to be involved in all aspects of the filmmaking and distribution of our movies from development through production and into theaters," Exclusive Media’s co-chairmen, Guy East and Nigel Sinclair in a statement. "We are thrilled that we have Scott and Matt joining us to put this division together.” 

Exclusive Media is set to enjoy a very busy Toronto International Film Festival where the company has three films in official selection, “End of Watch,” “At Any Price,” and “Disconnect.”