30WEST, which invested in Parasite releaser NEON back in 2018, has taken a significant minority stake in UK and Ireland distribution, sales and production outfit Altitude Media Group. Launched in 2…
Launched in 2012 by Will Clarke and Andy Mayson, Altitude saw early successes with Asif Kapadia’s Oscar-winning doc, more recently the company released Kapadia’s latest movieAltitude has an active sales wing run by Mike Runagall, and also produces in-house, including the 2019 family comedy30WEST, part of the Friedkin Group, provides capital and guidance to companies and projects.
has been an unbridled success, with the movie scooping four Oscars including a historic Best Picture win, and grossing close to $50M domestically. I understand Altitude has been seeking investment for a while, and this tie-up with 30WEST should give it formidable punching power in a UK indie market that has been struggling in recent years but could be ripe for a rebirth., which is tipped for a Cannes bow, Sarah Gavron’s“We couldn’t be more delighted to cement our relationship with 30WEST.
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