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is tom behind funding our movies?

Ortenberg Launches One Way Out Media
Shingle will provide financing, consulting services for indie films.
By Wrap Staff
Published: October 01, 2009
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Tom Ortenberg Slideshow

'Inception': 7 Character Posters Revealed
Warner Brothers has been trying to keep a tight lid on "Inception," in an effort to protect some of the film's secrets before its July release. New character art released on Tuesday, however, gives away a few plot points. From the trailer, it seems that the movie centers on a team of thieves who steal ideas from people's dreams, something confirmed by the new art. Over pictures of stars Leonardo DiCaprio, Marion Cotillard, and Ellen Page are tags such as "the extractor" and "the architect." What does it all mean? Tom Ortenberg, who exited last week as president of theatrical films at the Weinstein Company, is launching his own broad-based entertainment company, dubbed One Way Out Media.

Based in Santa Monica, One Way Out Media will provide motion picture consulting services including marketing, distribution, publicity, awards season, production, acquisitions and third-party foreign sales, as well as financing for independent productions and acquisitions.

In an interview, Ortenberg, who just left the Weinstein Company after less than a year, told TheWrap he’d be consulting as well as financing movies at a level up to $5 million.

“I’ve always had entrepreneurial aspirations, but I never really sat down and detailed them for myself," said the former Lionsgate veteran, adding that he has seed investors, but is seeking additional investment.

Ortenberg said he was setting out on his own at a time when his experience in independent film could be critical.

“On the consulting side, it lets me keep my hand in the business in a detailed, hands-on way," he said, "while on the other hand, raising financing for a film opportunity fund allows me to really effect change in the independent film business.“

In a statement, Ortenberg said, "We might finance a lower-budget film, pre-buy North American rights to a film with partial financing or foreign sales in place; provide finishing funds or P&A; find a diamond in the rough at a film festival and self-distribute a picture theatrically, or even partner with an existing studio on a production or acquisition