LIONSGATE EXPANDS STUDIOCANAL RELATIONSHIP INTO AUSTRALIA AND NEW ZEALAND, SIGNS LONG TERM OUTPUT AGREEMENT FOR SUMMIT ENTERTAINMENT TITLES
Slate of Films Includes Action Hit John Wick: Chapter Two, The Shack and The Upcoming Robin Hood
SYDNEY and SANTA MONICA, Calif., March 23, 2017 /PRNewswire/ -- Reflecting the continued expansion of their partnership, Lionsgate (NYSE: LGF.A, LGF.B), a premier next generation global content leader, and Canal+ Group's Studiocanal have signed a long term output agreement under which Studiocanal will distribute films from Lionsgate's Summit Entertainment label in Australia and New Zealand. The announcement was made today by Elizabeth Trotman, Studiocanal CEO for Australia and New Zealand, and Lionsgate Motion Picture Group Chairman Patrick Wachsberger and International COO Andrew Kramer.
The new output agreement will encompass films from Lionsgate's Summit Entertainment label including the second installment of the blockbuster action franchise, John Wick: Chapter Two; The Shack, based on the best-selling novel and starring Sam Worthington and Academy Award® winner Octavia Spencer; and the upcoming Robin Hood, Otto Bathurst's contemporary retelling of the classic legend teaming Jamie Foxx and Taron Egerton. Other titles included in the deal are the action thriller Granite Mountain, featuring a star-studded cast of Josh Brolin, Jennifer Connelly, Miles Teller, Jeff Bridges and Taylor Kitsch; and the crime thriller with a sci-fi twist, Kin, starring Jack Reynor, Academy Award® nominee James Franco and Zoë Kravitz, among others.
Studiocanal currently distributes Lionsgate and Summit Entertainment film titles in Germany and Lionsgate handles Studiocanal's film library in North America.
"We are delighted to extend our relationship with our partners at Studiocanal into another major territory," said Wachsberger and Kramer. "They are a savvy world-class distributor who has done a wonderful job with our films in Germany, and we are proud to bring to their highly regarded Australia/New Zealand team one of our most diverse and commercially exciting slates."
"We're thrilled to be working with Patrick, Andrew, Crystal and the rest of the Lionsgate team," said Trotman. "The Summit slate of films is a major force at the international box office, and we look forward to their deep and diverse pipeline of critically-acclaimed blockbusters for years to come."
The agreement was negotiated by Elizabeth Trotman on behalf of Studiocanal and Lionsgate Executive Vice President of International Sales Crystal Bourbeau.
Lionsgate (NYSE: LGF.A, LGF.B) is a vertically integrated next generation global content leader with a diversified presence in motion picture production and distribution, television programming and syndication, premium pay television networks, home entertainment, global distribution and sales, interactive ventures and games and location-based entertainment.
With the acquisition of Starz, Lionsgate adds to its portfolio of businesses the flagship STARZ premium pay network serving 24.3 million subscribers and the STARZ ENCORE platform with 31 million subscribers. The combined company will operate five over-the-top (OTT) streaming services and the STARZ app delivering content directly to consumers.
The Company's feature film business spans eight labels and includes the blockbuster The Hunger Games franchise, the Now You See Me series, the box office blockbuster La La Land, which won six Academy Awards®, the hit franchise sequel John Wick: Chapter Two, double Oscar winner Hacksaw Ridge, Tyler Perry's Boo! A Madea Halloween, The Shack, CBS Films/Lionsgate's Hell or High Water, Roadside Attractions' critically-acclaimed Manchester by the Sea, Codeblack Films' breakout concert film Kevin Hart: Let Me Explain and Pantelion Films' Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.
One of the largest independent television businesses in the world, Lionsgate's slate of premium quality series encompasses nearly 90 shows on more than 40 different networks. These include the ground-breaking Orange is the New Black, the fan favorite Nashville, the syndication success The Wendy Williams Show, the hit drama The Royals, the acclaimed Casual, the breakout success Greenleaf and hit STARZ series including Outlander, Black Sails, Survivor's Remorse and Power, the second highest-rated premium pay television series of 2016.
Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rates. Lionsgate handles a prestigious and prolific library of more than 16,000 motion picture and television titles that is an important source of recurring revenue and serves as a foundation for the growth of the Company's core businesses. The Lionsgate, Summit Entertainment and Starz brands are synonymous with original, daring, quality entertainment in markets around the world. www.lionsgate.com
STUDIOCANAL is Europe's leader in production, right acquisition, distribution and international sales of feature films and TV series. STUDIOCANAL operates directly in all three major European markets, France, the United Kingdom and Germany, as well as in Australia and New Zealand. STUDIOCANAL is also present in the USA and in China.
STUDIOCANAL has fully-financed recent box office hits like Paddington, Shaun the Sheep and Non-Stop. Upcoming films backed by STUDIOCANAL include The Commuter featuring Liam Neeson, the highly-anticipated Paddington 2 by Paul King, and Aardman Studios' stop-motion movies Early Man by Nick Park and Shaun the Sheep 2.
STUDIOCANAL is actively developing and distributing high-end TV series through its network of award-winning production companies including Tandem Productions in Germany (Crossing Lines, Spotless), the UK's RED Production Company (The Five, Happy Valley) and BAMBÚ PRODUCCIONES (Grand Hotel, Velvet).
Additionally, STUDIOCANAL owns one of the most important film libraries in the world, boasting more than 9000 original titles from 60 countries.
STUDIOCANAL's parent company, CANAL+ Group, is fully-owned by Vivendi, a global media and content production and distribution group.
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