Deal extension lasts through 2018
The Walt Disney Co. has renewed its output deal with Showtime for the titles it distributes for DreamWorks, the companies announced Thursday.
Pact will keep films including “Lincoln,” “War Horse,” “Real Steel” and “The Help” at the pay TV network through 2018. Existing deal, first brokered in 2010, would have terminated in 2015. Showtime also airs films from CBS Films, and has a deal with the Weinstein Co. that expires in 2015.
Operated by CBS Corp., Showtime plans to air up to 35 DreamWorks films through 2015. That would include actioner “Need for Speed,” based on the racing video game from Electronic Arts, Julian Assange pic “The Fifth Estate,” and Vince Vaughn comedy “Delivery Man.”
Films will air across Showtime, the Movie Channel and Flix, as well as its multiplex channels.
Disney had a separate pay TV deal with Starz, but the Mouse House is ending that in 2016, when it moves its films over to Netflix. Starz now only has Sony Pictures as its sole movie provider, as part of a pact that wraps up in 2016.
HBO has deals with 20th Century Fox, Warner Bros., Universal Pictures and Summit Entertainment.
Pay TV providers typically pay studios between 10% and 12% of the U.S. box office for each title, up to $200 million, to land their films.
Deal with DreamWorks helps Showtime keep more films on its networks. It lost pics from Paramount, MGM and Lionsgate, in 2008, when the trio launched rival Epix.
“Showtime has been a tremendous partner and we are thrilled to be expanding our highly-valued relationship with them for DreamWorks Studios’ first-rate slate of films,” Marinelli said. “Showtime has successfully embraced the DreamWorks brand and this long-term extension guarantees that these top quality, diverse and entertaining films will continue to complement Showtime’s impressive programming line-up for years to come.”