This Indie Film Company Is Seeking an Ad Agency to Handle Its $350 Million Marketing Budget

First project will be shark flick 47 Meters Down

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Entertainment Studios, Inc. has launched a search for a new full-service agency partner to help promote its slate of feature films.

The company’s distribution unit Entertainment Studios Motion Pictures was created in late 2015 when serial entrepreneur Byron Allen acquired Freestyle Releasing, and it plans to expand domestically and internationally by releasing 17 films per year.

According to the company’s own estimates, the winner of this agency review will manage a $350 million annual budget promoting the movies, each of which will be screened in 1,500-4,000 North American theaters before moving to DVD and streaming services.

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