Relativity, EuropaCorp Form U.S. Distribution-Marketing Joint Venture

Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake.

The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services of the joint venture and will directly distribute its own films.

The deal also calls for the companies to have the opportunity to co-produce and co-finance each other’s future films. The joint venture will be overseen by Tucker Tooley, president of Relativity, and Christophe Lambert, CEO of EuropaCorp.

“We are excited to expand our successful relationship with EuropaCorp through the formation of this joint venture,” Kavanaugh said. “In partnership with EuropaCorp, we will be able to more fully utilize the strength of our distribution and marketing abilities, even as we continue to expand our own film production. Together we share a vision focused on producing enthralling content in a profitable fashion.”

Relativity moved into distribution in 2010 when it acquired Overture Films’ distribution network and operations after parent Starz pulled the plug. Relativity’s current slate currently has eight to 13 moderately budgeted movies per year.

The two companies co-produced and co-financed Luc Besson’s comedic action film “The Family,” “3 Days To Kill” and the upcoming “Brick Mansions,” which Relativity is distributing this year.

More Film

  • Solo A Star Wars Story

    'Solo: A Star Wars Story' Stumbles Overseas With $65 Million Launch

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

  • 'Solo': What That Cameo Means for

    'Solo': What a 'Character Too Secret to Ever Name' Means for the 'Star Wars' Spinoff

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

  • Solo A Star Wars Story

    Box Office: 'Solo: A Star Wars Story' Looks to Edge Past $100 Million For Holiday Weekend

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

  • Rebel Wilson and Taye Diggs

    Concert Review: 'Beauty and the Beast' Gets Adoring Tribute at Hollywood Bowl

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

  • Solo a Star Wars Story Deadpool

    It's Official: Deadpool Is Now Cooler Than Han Solo

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

  • solo a star wars story

    Box Office: 'Solo: A Star Wars Story' Headed for Underwhelming Holiday Weekend Debut

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

  • solo a star wars story

    How the Kasdans Settled the Biggest Debate in 'Star Wars' History With 'Solo'

    Ryan Kavanaugh’s Relativity Media has formed a U.S. distribution and marketing joint venture with EuropaCorp, calling for latter to pay $130 million for its stake. The deal gives EuropaCorp, which will pay the funds over a six-year time frame, the certainty of U.S. distribution slots for its films. Each company will exclusively use the services […]

More From Our Brands

Access exclusive content