Brothers James Pedas (Jim) and Theodore (Ted) Pedas were raised in Farrell, Pennsylvania. While attending George Washington University Law School, they became involved in motion picture exhibition, distribution and production. Their Circle Theatre company expanded throughout the metropolitan Washington, DC area with emphasis on the best independent and foreign films. Circle Films produced the early Coen brothers’ movies. Their film distribution company, Circle Releasing has received recognition for its many quality releases. Through the years investments in real estate led them to the formation of Circle Management Company.
Both Jim and Ted have been the recipients of numerous awards and have been supporters of many philanthropic endeavors. They are long standing members of the Leadership 100 Endowment Fund and they hold membership with the high office of Archon of the Ecumenical Patriarchate with the Order of Saint Andrew The Apostle.