LIONSGATE, STUDIOCANAL AND MIRAMAX ENTER INTO HOME ENTERTAINMENT DISTRIBUTION AGREEMENT
February 11 2011 - 8:41AM
PR Newswire (Canada)
SANTA MONICA, Calif., VANCOUVER, British Columbia and PARIS, Feb.
11, 2011 /CNW/ -- Lionsgate And Studiocanal Partner On Worldwide
Distribution Rights To Over 550 Titles From The Renowned Miramax
Film Library Including Such Critically Acclaimed Iconic Films As
Pulp Fiction, The English Patient, Shakespeare In Love, Chicago,
Good Will Hunting, Life Is Beautiful, Kill Bill Volumes I And II
And No Country For Old Men LIONSGATE® (NYSE: LGF), a leading
diversified filmed entertainment studio, Studiocanal and Miramax
announced today that they have entered into a worldwide home
entertainment distribution deal. Under the long-term deal,
Lionsgate and Studiocanal will distribute more than 550 titles from
the renowned Miramax film library via DVD, Blu-ray, EST and
Internet Video On Demand (VOD), in addition to cable VOD
internationally. Lionsgate will partner with leading international
distributor Studiocanal to distribute Miramax titles in the UK and
Europe. The announcement was made by Steve Beeks, President and
Co-Chief Operating Officer of Lionsgate, Olivier Courson, Chief
Executive Officer of Studiocanal and Mike Lang, Chief Executive
Officer of Miramax. "The Miramax library will be one of the most
treasured jewels in our home entertainment crown," said Beeks.
"With our longstanding commitment and expertise in aggressively
managing library titles, we are thrilled to bring together under
one roof such Miramax film icons as Shakespeare in Love, The
English Patient, Pulp Fiction and Good Will Hunting with our
existing classics such as Dirty Dancing and Monster's Ball to
create what is unquestionably one of the most powerful and
prestigious filmed entertainment libraries in the world. We are
looking forward to working with Mike and his incredible team on
this exciting venture." "We are pleased to expand our existing
partnership with Lionsgate to encompass this exciting new venture
with Miramax," said Courson. "The Miramax library features some of
the best of American independent cinema, representing a wonderful
mix of creative excellence, award winning films and commercial
successes. The Miramax slate is a perfect fit for Studiocanal's
core values and vision and we believe it will resonate with
European audiences." "With their expertise and success in the home
entertainment marketplace, we consider both Lionsgate and
Studiocanal to be the perfect partners to distribute these films,"
says Lang. "We are thrilled to have the opportunity to collaborate
with them as we work to expand the availability of our library
across all platforms to reach new audiences around the world." The
first home entertainment release under the deal will be The Switch
in the US, the romantic comedy about friendship, fertility and
family, starring Jennifer Aniston and Jason Bateman, which will be
released on Blu-ray, DVD, VOD and available for digital download on
March 15th. The deal with Miramax continues to build on Lionsgate's
tremendous success distributing third party product from some of
the most prominent libraries in the world, including Studiocanal.
Consisting of approximately 13,000 motion picture titles and
television episodes, Lionsgate has one of the largest and most
prestigious libraries in the entertainment industry with titles
including Dirty Dancing, Memento, Monster's Ball, Crash and Rambo.
Lionsgate has noted that the Company has achieved record library
revenue for five consecutive years through a combination of organic
replenishment and strategic acquisitions and distribution deals,
despite a challenging marketplace. ABOUT LIONSGATE Lionsgate is a
leading global entertainment company with a strong and diversified
presence in motion picture production and distribution, television
programming and syndication, home entertainment, family
entertainment, digital distribution and new channel platforms. The
Company has built a strong television presence in production of
prime time cable and broadcast network series, distribution and
syndication of programming through Debmar-Mercury and an array of
channel assets. Lionsgate currently has 15 shows on more than 10
networks spanning its prime time production, distribution and
syndication businesses, including such critically-acclaimed hits as
"Mad Men", "Weeds" and "Nurse Jackie" along with recent series such
as "Blue Mountain State" and the syndication successes "Tyler
Perry's House Of Payne", its spinoff "Meet The Browns", "The Wendy
Williams Show" and "Are We There Yet?". Its feature film business
has generated more than half a billion dollars at the North
American box office in the past year, fueled by such hits as THE
EXPENDABLES, which was #1 at the North American box office for two
weeks, THE LAST EXORCISM, TYLER PERRY'S WHY DID I GET MARRIED TOO?,
KICK ASS and the critically-acclaimed PRECIOUS, which won two
Academy Awards®. The Company's home entertainment business has
grown to more than 7% market share and is an industry leader in box
office-to-DVD revenue conversion rate. Lionsgate handles a
prestigious and prolific library of approximately 13,000 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 brand remains
synonymous with original, daring, quality entertainment in markets
around the world. ABOUT STUDIOCANAL Studiocanal is a European
leader in production, acquisition and distribution of motion
pictures, and the only studio in Europe distributing all media at
the source in the three largest markets: France, Great Britain
(Optimum Releasing) and Germany (Kinowelt). Studiocanal owns one of
the most comprehensive film libraries in the world with more than
5,000 French, British, Italian, German and American films. The
company is increasingly active in International Production having
fully financed The Last Exorcism and having co-developed and
co-financed The Tourist starring Angelina Jolie and Johnny Depp.
Studiocanal is currently in post production on its fully financed
Working Title production of John Le Carre's Tinker, Tailor, Soldier
Spy, directed by Tomas Alfreson and starring Gary Oldman, Colin
Firth and Tom Hardy. The company also co-financed the Joel Silver
production Unknown starring Liam Neeson which opens this Friday.
ABOUT MIRAMAX The Miramax library is a collection of 700 motion
pictures which were produced, financed or distributed by Miramax
Films since 1979. The Miramax library holds some of the world's
most sophisticated, thought-provoking and critically-acclaimed
independent films including sex, lies, and videotape, The English
Patient, Shakespeare In Love, Reservoir Dogs, Chicago, Good Will
Hunting, Pulp Fiction, My Left Foot, Cinema Paradiso, Life is
Beautiful, Amelie, Kill Bill Volume I and II, No Country for Old
Men, as well as scores of commercially successful films such as
Bridget Jones's Diary, the Scream, Hellraiser and Scary Movie
franchises and Spy Kids. Collectively the Miramax archives have
received 284 Academy Award nominations and 68 Oscars, including 4
Best Picture Awards. For more information, please visit
www.miramax.com. For further information contact: Lionsgate Home
Entertainment Jodie Magid/Jennifer Sandler 212-386-6885/
310-255-4072 jmagid@lionsgate.com / jsandler@lionsgate.com
Lionsgate Corporate Peter D. Wilkes 310-255-3726
pwilkes@lionsgate.com Studiocanal Sophie Kopaczynski
+33-6-21-82-97-35 Sophie.kopaczynski@studiocanal.com Miramax
Kristin Celauro / Caroline Luz Owen Blicksilver P.R., Inc. (for
Miramax) (732) 291-5456 / (203) 656-2829 kristin@blicksilverpr.com
/ caroline@blicksilverpr.com Jodie Magid, +1-212-386-6885,
jmagid@lionsgate.com, or Jennifer Sandler, +1-310-255-4072,
jsandler@lionsgate.com, both of Lionsgate Home Entertainment; Peter
D. Wilkes of Lionsgate Corporate, +1-310-255-3726,
pwilkes@lionsgate.com; Sophie Kopaczynski of Studiocanal,
+33-6-21-82-97-35, Sophie.kopaczynski@studiocanal.com; Kristin
Celauro, +1-732-291-5456, kristin@blicksilverpr.com, or Caroline
Luz, +1-203-656-2829, caroline@blicksilverpr.com, both of Owen
Blicksilver P.R., Inc. for Miramax Web Site:
http://www.lionsgate.com
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