Network, Lionsgate pact on pics
HOLLYWOOD — Turner Networks has entered into several movie-licensing deals with Lionsgate over the past several weeks, giving the cabler the first network TV rights to Tyler Perry-produced pics “Madea Goes to Jail” and “The Family That Preys,” as well as a trio of action titles starring Jason Statham: “The Bank Job,” “Transporter 3” and the upcoming “Crank: High Voltage.”
Licensing pacts will make Turner’s TNT and TBS the first nonpay TV outlet to run these pics starting in 2011 (2010 for “The Bank Job”).
Collectively, these films have garnered nearly $300 million in worldwide box office, not including the pending performance of the soon-to-be-released “Crank” sequel.
With the addition of “Madea Goes to Jail,” which drew nearly $90 million in domestic box office, as well as “The Family That Preys” (more than $37 million in domestic B.O.), Turner now has first-window rights for six of Perry’s seven Lionsgate releases, and it has second-window rights for the one it does not, “Madea’s Family Reunion” (BET recently picked up the first window for that title).
“They have a vested interest in Tyler Perry’s world,” noted Rand Stoll, exec VP of TV for Lionsgate, pointing out that Perry-produced, Debmar-Mercury-distributed series “House of Payne” and “Meet the Browns” runs on TBS.
The licensing deals also include second-window rights starting in 2012 for comedies “Disaster Movie” and “My Best Friend’s Girl,” which together took in more than $70 million in worldwide B.O.
Officials for both Lionsgate and Turner declined to state the overall value of these licensing pacts. However, sources familiar with movie-rights negotiations said first-window rights compensation is typically based on 10%-12% of total box office performance, while second-window rights usually run 3%-5% of total B.O.