Deal covers more than 500 movies
Lionsgate and Starz Entertainment announced on Thursday a new multiyear, multiplatform, film licensing deal that will bring more than 500 Lionsgate movies to the premium channel.The comprehensive new agreement is Lionsgate’s first long-term library deal with Starz. The studio, which just acquired Summit Entertainment, is a founder of rival pay TV network Epix, along with Paramount and MGM. Pics include recent releases “Conan the Barbarian,” “Abduction,” “Margin Call” and “Red State” as well as pics from the “Saw” and Tyler Perry franchises, “Precious,” “Rambo,” “3:10 to Yuma,” “Monster’s Ball” and “The Blair Witch Project.” Jim Packer, Lionsgate president of worldwide television and digital distribution, said, “This is another significant step in the ongoing monetization of our 13,000-title filmed entertainment library, and we’re delighted to extend and expand our productive long-term relationship with Starz, with whom we most recently partnered on the television series ‘Boss.’ Lionsgate remains committed to tapping traditional and digital buyers alike as we explore ways to unlock the value of our vast filmed entertainment library asset.” Starz Entertainment exec VP of programming Stephan Shelanski said, “We are always striving to secure a long-term pipeline of quality library content to complement our firstrun output film programming from Disney and Sony. This agreement — with a terrific partner in Lionsgate — helps us meet those long-term programming goals.”
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