Par grabs U.K. rights to eight TWC pics
Paramount has picked up all U.K. rights to eight movies from the Weinstein Co.
Par has already released the first two pics under the deal — “Pulse” and “Clerks II” — via the U.K. arm of United Intl. Pictures, its theatrical joint venture with Universal. A third pic, “School for Scoundrels,” opens Nov. 24.
The remaining five films, yet to be identified, will be released in 2007.
By that time, Paramount will have taken over sole ownership of UIP’s U.K. operation, under the terms of its divorce agreement with Universal. But with U opening its own rival British arm on Jan. 1, Par needs extra product to fill its U.K. pipeline.
The Weinstein Co. has been in talks for some time with Momentum Pictures for a U.K. distribution partnership, under which TWC would retain its own TV rights. Momentum recently released “Hoodwinked” under these terms, and TWC has struck similar deals with TF1 in France and RAI Cinema in Italy.
These talks remain ongoing for a long-term relationship with Momentum, but in the meantime Par has bought eight current pics outright from TWC. Momentum also has acquired all U.K. rights to TWC’s animated project “Igor.”