Veteran exec Julie Waters and Evan Dyal have launched the production and finance company Watermark Media, which is already co-financing and producing a slate of five projects since its 2024 founding.
Watermark is behind the Molly Gordon feature Oh, Hi! which launched out of the 2025 Sundance Film Festival where Sony Pictures Classics picked it up. Other Watermark projects include Joel Alfonso Vargas’ Made Bills to Pay, which also premiered at Sundance before heading to the Berlin Film Festival.
Waters is a longtime executive whose tenure at Temple Hill Entertainment included producing the critically acclaimed FX series Dave and worked on Hulu series Love, Victor and The Other Black Girl. She launches Watermark after overseeing film and television at Rachel Brosnahan’s Scrap Paper Pictures. Dyal co-founded Watermark after a career in real estate development.
Joining Waters and Dyal are COO and partner Aaron Millberg, overseeing business development and operations, and development executive Lexi Kroll. Millberg spent eight years at UTA, working as a talent agent in the endorsements division, before a position as the head of creator and content commerce at e-commerce company Canal. After starting her career in the lit department at Brillstein Entertainment, Kroll held posts at director Jonathan Levine’s production company Megamix and Scrap Paper Pictures.
“Watermark Media is built on a foundation of innovation and inclusivity, and further solidifies our commitment to creating culturally significant, fresh and diverse narratives from rising filmmakers,” said Waters and Dyal. “With Oh, Hi! and Mad Bills to Pay leading the way, we’re thrilled to share these films with the world and continue supporting creatives who are shaping the future of entertainment.”
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