30WEST Takes Majority Stake in NEON After I, Tonya Collaboration

30WEST acquires majority stake in NEON after I, Tonya collaboration

30WEST announced today at the Sundance Film Festival that it has acquired majority ownership of NEON, the distribution company behind Colossal and the recent film I, Tonya, which is garnering Oscar buzz. Both companies collaborated on I, Tonya, which saw Allison Janney winning a Golden Globe for Best Supporting Actress.

30WEST recently began production on Karyn Kusama’s Destroyer, starring Nicole Kidman, and Peter Hedges’ Ben is Back, starring Julia Roberts. They recently acquired the North American rights to Michael Pearce’s debut full-length picture, Beast, a psychological thriller starring Jessie Buckley (Taboo), Johnny Flynn (Clouds of Sils Maria) and Geraldine James (Calendar Girls). Beast will be released, in partnership with Roadside Attractions, this spring.

NEON, which was co-founded by Tom Quinn and Tim League, released Ingrid Goes West, starring Aubrey Plaza and Elizabeth Olsen and Nacho Vigalondo’s Colossal starring Anne Hathaway and Jason Sudeikis. Last year, NEON inked a streaming output deal with Hulu and formed a partnership with Blumhouse Productions to manage the genre label BH Tilt. On the production side, NEON’S co-acquisition of Harmony Korine’s The Beach Bum, starring Matthew McConaughey and Zac Efron, wrapped last month. NEON and 30WEST released I, Tonya together.

What do you guys think of 30WEST acquiring NEON? What did you think of I, Tonya? Let us know in the comments.