By Jeff Sneider

LOS ANGELES (TheWrap.com) - Andrew Karpen, who most recently
served as co-CEO of Focus Features, has announced the formation
of Bleecker Street, a new distribution company that plans to
release 3-5 movies in 2015, with an expanded slate in future
years.

Karpen will serve as CEO at the independently-financed,
NYC-based company, and he'll be scouting new films at the
Toronto International Film Festival next month. The company is
expected to make additional staffing announcements later this
fall.

"I'm looking forward to bringing the work of great
filmmakers into the marketplace and I couldn't be more excited
to be launching this new company in New York City," said Karpen.
"Bleecker Street will be well positioned to distribute films on
a platform or national basis, whatever best suits each title."

The company has closed an output distribution deal with
Shivani Rawat's ShivHans Pictures. Bleecker Street will be
responsible for U.S. distribution on all current and future