Spike values ‘Expendables’ rights

Lionsgate licenses pic for 2013 cable premiere

Spike TV has struck a deal with Lionsgate for the rights to air weekend B.O. hit “The Expendables” in its first broadcast window, with a premiere scheduled for April 2013.

Sylvester Stallone-helmed pic opened Friday to a No. 1 ranking in domestic box office and had grossed $38.8 million through Monday.

“We’re committed to monetizing our strong slate of films in all distribution platforms, and Spike has proven to be a perfect partner for our action thrillers,” said Lions-gate TV group prexy Kevin Beggs.

In June, Spike licensed Lions-gate’s “Kick-Ass,” along with “Bangkok Dangerous,” “Gamer” and “From Paris With Love.”

“We look forward to a continuing pipeline of action thrillers from (Lionsgate) in the future,” said Spike prexy Kevin Kay.

Stallone co-wrote “Expendables” with David Callaham. Avi Lerner, John Thompson and Kevin King Templeton produced.

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