Wednesday, September 03, 2014 9:38:33 AM
Sep 03, 2014 09:01:00 (ET)
Deals Cover Lionsgate and Summit Label Films in Canada & Spain, Summit Titles in Australia
Upcoming Slate Highlighted by Next Two Installments of The Hunger Games Franchise, Next Three Divergent Films, Gods of Egypt and Now You See Me 2
TORONTO and SANTA MONICA, Calif., Sept. 3, 2014 /PRNewswire/ -- Leading independent Entertainment One ("eOne") and Lionsgate (NYSE: LGF), a premier next generation global content leader, have extended and expanded their feature film output agreements in Canada, Australia and Spain, the two companies announced today. The agreements extend eOne distribution across all media through 2018 for Lionsgate and Summit label films in Canada and Spain and Summit films in Australia.
The collaboration has already been responsible for launching The Hunger Games, Twilight and Divergent franchises in the three territories, and the upcoming pipeline covered under the agreements includes Mockingjay Parts 1 & 2, the next two installments of the global blockbuster The Hunger Games franchise, the next three films in the Divergent series (Insurgent and Allegiant Parts 1 & 2) and such eagerly-anticipated tentpoles as Gods of Egypt, which just wrapped production in Australia, and Now You See Me 2, which starts production this fall.
"Lionsgate continues to deliver a consistent pipeline of commercially exciting films that resonate with audiences around the world. The Hunger Games, Twilight, Divergent, Now You See Me... the brands speak for themselves," said Patrice Theroux, who oversees eOne's global film business. "We're very proud of our partnership with Jon, Patrick, Rob, Steve, Andrew and the entire Lionsgate team, and this multi-year, multi-territory extension is a testament to a great and successful collaboration between our two companies."
"We're delighted to extend our successful partnership with Darren, Patrice, Bryan, Troy, Jorge and their respective teams at eOne as we continue to position ourselves to capitalize on tremendous growth opportunities in the global marketplace," said Lionsgate Motion Picture Group Co-Chairs Patrick Wachsberger and Rob Friedman and Lionsgate COO International Andrew Kramer. "eOne has proven to be a dedicated and innovative partner with exceptional expertise in markets around the world, and we look forward to delivering a portfolio of tentpole franchises, major brands and star-driven event films that will elevate our collaboration to the next level of performance."
About Entertainment One
Entertainment One Ltd. (LSE:ETO) is an international entertainment company that specializes in the acquisition, production and distribution of film and television content. The company's comprehensive network extends around the globe including Canada, the US, the UK, Ireland, Spain, Benelux, France, Germany, Scandinavia, Australia, New Zealand, South Africa and South Korea. Through established Entertainment and Distribution divisions, the company provides extensive expertise in film distribution, television and music production, family programming and merchandising and licensing. Its current rights library is exploited across all media formats and includes more than 35,000 film and television titles, 2,800 hours of television programming and 45,000 music tracks.
About Lionsgate
Lionsgate is a premier next generation global content leader with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, new channel platforms and international distribution and sales. The Company currently has over 30 television shows on more than 20 networks spanning its primetime production, distribution and syndication businesses, including such critically-acclaimed hits as the multiple Emmy Award-winning Mad Men and Nurse Jackie, the comedy Anger Management, the network series Nashville, the syndication success The Wendy Williams Show and the critically-acclaimed hit series Orange is the New Black.
Its feature film business has been fueled by such recent successes as the blockbuster first two installments of The Hunger Games franchise, The Hunger Games and The Hunger Games: Catching Fire, the first installment of the Divergent franchise, Now You See Me, Kevin Hart: Let Me Explain, Warm Bodies, Sinister, Roadside Attractions' A Most Wanted Man and Pantelion Films' Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.
Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rate. Lionsgate handles a prestigious and prolific library of approximately 15,000 motion picture and television titles that is an important source of recurring revenue and serves as the foundation for the growth of the Company's core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world.
www.lionsgate.com
Logo - http://photos.prnewswire.com/prnh/20130919/LA83194LOGO
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SOURCE Lionsgate
/CONTACT: Jackie Rubin, Entertainment One, 416-979-7256, jrubin@entonegroup.com; Peter D. Wilkes, Lionsgate, 310-255-3726, pwilkes@lionsgate.com
/Web site: http://www.lionsgate.com
(END) Dow Jones Newswires
September 03, 2014 09:01 ET (13:01 GMT)
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