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LIONSGATE AND STUDIOCANAL ANNOUNCE EXPANDED LONG-TERM OUTPUT AGREEMENT IN GERMANY
BERLIN and SANTA MONICA, Calif., July 7, 2014 /PRNewswire/ --Lionsgate (NYSE: LGF), the premier next generation global content leader, has expanded its partnership with European media giant Studiocanal for the distribution of Lionsgate feature films in Germany, Austria and Switzerland, the two companies announced today. The announcement was made by Studiocanal CEO & Chairman Olivier Courson, Studiocanal Germany CEO Rodolphe Buet and Lionsgate Motion Picture Group Co-Chairs Patrick Wachsberger and Rob Friedman and Lionsgate International COO Andrew Kramer.
The new output deal with Studiocanal will launch an upcoming film slate that encompasses the next two installments of the global blockbuster Hunger Games franchise, The Hunger Games: Mockingjay -- Parts 1 & 2, starring Academy Award winner Jennifer Lawrence, Josh Hutcherson, Liam Hemsworth and Woody Harrelson; the action comedy Mortdecai, starring Johnny Depp, Gwyneth Paltrow and Ewan McGregor; and the eagerly-anticipated live action Power Rangers franchise. Mockingjay 1 will usher in the new deal with its November 20, 2014 release in Germany.
Lionsgate's feature film slate will also be the centerpiece of Studiocanal Germany's new multiyear agreement with the ProSiebenSat.1 Group under which ProSieben has licensed exclusive TV rights to Lionsgate feature films for its free TV channels in Germany, Austria and German-speaking Switzerland.
"We're delighted to expand our partnership with Patrick, Rob, Andrew and the rest of the Lionsgate team that has brought us the blockbuster Hunger Games franchise and a steady pipeline of some of the most commercially exciting films in the world," said Buet. "We couldn't wish for better partners, and we expect Lionsgate's slate to have tremendous resonance for our audiences in the years to come."
"Studiocanal was a major contributor to The Hunger Games franchise's evolution into a global phenomenon, and we're delighted to expand our productive long-term partnership with our friends at Studiocanal and ProSieben," said Wachsberger and Friedman. "Thanks to their efforts, Catching Fire more than doubled the box office performance of the first Hunger Games film in Germany, and we're proud to partner with them in continuing to grow the franchise and bringing our strongest theatrical slate ever to German audiences."
The agreement was negotiated by Studiocanal EVP Business & Legal Affairs Alexandra Bauermeister and Lionsgate EVP International Business & Legal Affairs Maitreya Yasuda.
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, new channel platforms and international distribution and sales. Lionsgate 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, The Expendables 2, The Possession, Sinister, Roadside Attractions' Mud and Pantelion Films' breakout hit 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.
STUDIOCANAL is a subsidiary of the CANAL+ Group. It is one of Europe's leading companies in the market for co-production, acquisition, distribution and sale of international feature films. STUDIOCANAL is the only studio operating simultaneously in the three main European territories - France, the United Kingdom and Germany - as well as in Australia and New Zealand. The company distributes a total of more than 50 films a year. Additionally, STUDIOCANAL owns one of the most important libraries in the world, with more than 5,000 international titles.
In Germany, STUDIOCANAL is a leading film company and a key player in theatrical distribution, the video market, film production and international & domestic TV and new media sales. It also represents a library of more than 7,000 titles in German-speaking Europe and has established ARTHAUS, the leading consumer brand for art-house films in German-speaking Europe. German operations of STUDIOCANAL are based in Berlin.
For further information, please contact:
Peter D. Wilkes
(011 49) 30 30 810969 305
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