Pact covers German-speaking territories
CBS Films and Tele Muenchen Group have inked an output deal for German-speaking territories that includes up to seven pics a year, including the upcoming Harrison Ford starrer “Extraordinary Measures.”
The agreement, which comprises titles budgeted at between $20 million and $75 million, includes all rights for Germany and Austria plus DVD and TV rights in German-speaking Switzerland.
In Germany, all of the films will be released by TMG subsidiaries Concorde Filmverleih and Concorde Home Entertainment. TMG will handle distribution in Austria and Switzerland.
The German-speaking region is the only international territory other than Canada that CBS Films carved out of its all-encompassing foreign distribution deal with Sony Pictures. CBS Films will distribute the pics in the U.S. with Sony handling all other international territories aside from Canada.
The Tom Vaughan-directed “Extraordinary Measures,” which also stars Brendan Fraser and Keri Russell, is the first release under the pact. Pic opens Stateside on Jan. 22.
Additional titles include Alan Poul’s “The Back-Up Plan,” starring Jennifer Lopez, and Daniel Barnz’s teen fantasy “Beastly,” with Alex Pettyfer and Vanessa Hudgens.
Deal was negotiated on behalf of CBS by prexy and CEO Leslie Moonves, chief operating officer Bruce Tobey and exec VP and general counsel Rik Toulon and, for TMG, by owner and managing director Herbert Kloiber, Thomas Augsberger and Philip Loehr.
TMG and Concorde are enjoying stratospheric success following a 2007 output deal with Summit Entertainment that included rights to the “Twilight” franchise.
With a box office of some $25 million, “Twilight” has become one of Germany’s biggest hits of the year and “New Moon” is likely to surpass the original when it opens here on Thursday.