Pact covers pay TV window for films released between 2017 to 2020
The deal covers Showtime Networks and its multiplex channels including Showtime, the Movie Channel and Flix for the premium TV window after their theatrical and home entertainment wndows. Showtime has been in the market for new output deals with smaller distribs in recent years amid many shifts in the landscape for premium VOD and pay TV distribution of theatrical titles.
“Showtime is a premiere destination for a large and diverse slate of entertainment properties and we are confident that our titles will thrive there,” said Open Road CEO Tom Ortenberg.
“Open Road is an ideal partner because of its commercial, entertaining films that are a perfect fit for premium television,” said Kent Sevener and Gary Garfinkel, co-heads of content acquisition for Showtime.
Open Road’s top performer has been “The Grey,” starring Liam Neeson, with $51 million domestically.
Open Road was founded in 2011 by AMC Entertainment and Regal Entertainment Group. The company and its lenders recently extended the company’s $100 million credit facility through 2018.
Other Open Road releases include “A Haunted House,” Steven Soderbergh’s “Side Effects,” “End Of Watch” and “The Host.”