Pact covers all titles from Lionsgate/Summit
Lionsgate and Alliance Films have signed a new multiyear output agreement covering Spain
Deal covers all titles from Lionsgate and its Summit unit — including the final “Twilight” film and the next three “Hunger Games” pics.
The films will be distributed by the Alliance company Aurum Producciones.
The agreement extends Aurum’s existing relationship with Summit — which Lionsgate acquired in January for $412 million– to encompass Lionsgate films as well.
Deal was announced Tuesday by CEO Jon Feltheimer at the annual meeting in Toronto. He said that Lionsgate is in the process of closing similar pacts elsewhere.
“In the next few weeks we’ll announce new output agreements in Australia, Germany, Latin America, Russia, Poland and Korea – with more on the way – as we create an international distribution network with blue-chip partners in major territories around the world,” he said.
During Cannes, Lionsgate and Studiocanal extended and expanded their partnership with a longterm renewal of the agreement — including a new pact to distribute “Catching Fire,” the next installment of “The Hunger Games” franchise, in German-speaking territories.
Lionsgate motion picture group co-chairs Patrick Wachsberger and Rob Friedman said in a statement Tuesday, “The combination of Lionsgate and Summit earlier this year allows us to bring a significantly expanded portfolio of product to our distribution partners around the world, enables us to achieve significant economies of scale and ensures even greater consistency and visibility in our global business.”
Aurum handled the release of Summit’s “Twilight Saga: Breaking Dawn — Part 1” in Spain, where it grossed more than $26 million at the box office and was the number one film in Spain last year.
Alliance was acquired by eOne on Friday for C$225 million ($229 million) in a deal that makes eOne the largest independent film distributor in the U.K. and Canada.