London-based Journeyman Pictures is in the process of acquiring the rights to roughly 75% of Mercury Media International’s library titles, following the liquidation of the UK indie distributor.
Journeyman MD Mark Stucke told realscreen that the company has contracted with London liquidators Anthony Batty and Co. for the distribution rights to a large number of films from Mercury Media International, which had a slate of about 124 titles.
Mercury’s closing comes almost a year after Brighton- and Hong Kong-based indie distributor Electric Sky and and its sister companies Electric Sky Productions and BTV Post were placed in administration. DCD Rights in January acquired the companies’ library of 253 hours of content across 50 titles.
Though it is unclear exactly when Mercury closed operations, Stucke notes that the official liquidation date on record is August 13, 2014.
He says Journeyman was approached shortly after that date by various rights holders, but started talks to acquire library rights only in December. The liquidator penned a Formal Notice of Assignment this past June, after which Journeyman reached out to all rights holders to offer continued representation.
The Finders Keepers distributor has so far secured the rights to titles including The Four Year Plan, Bhopali, Girlfriend in a Coma, Scientists Under Attack and Waco: The Rules of Engagement.
Stucke says he expects to acquire about 75% of Mercury Media titles, and that discussions are ongoing. About five former Mercury documentaries have found new homes elsewhere.