Press release -
SONY PICTURES HOME ENTERTAINMENT AND LIONSGATE AGREE TO MULTI-YEAR DEAL
London, UK, and Santa Monica, CA, April 19, 2017 – Sony Pictures Home Entertainment (SPHE) and Lionsgate (NYSE: LGF.A., LGF.B) today announced that they have signed a multi-year, international packaged media home entertainment distribution deal for Lionsgate’s deep slate of premium television programming.
The agreement gives SPHE distribution rights worldwide outside the U.S., UK and Canada (subject to rights availability) for current series and catalog titles including the iconic Orange is the New Black, fan favorite Nashville, multiple Emmy® Award winner Mad Men, Nurse Jackie and many others.Lionsgate operates one of the largest independent television businesses in the world with nearly 90 series on 40 different U.S. networks.The Company will continue to self-distribute its television properties on digital home entertainment platforms.
The deal consolidates the physical home entertainment distribution of Lionsgate’s television content with one of the world’s premier packaged media distributors while providing SPHE with access to Lionsgate’s deep pipeline of high-end television programming.
“We are delighted to extend our relationship with Lionsgate to bring their premium TV slate to international home entertainment audiences. This deal demonstrates SPHE’s continuing drive to expand our global distribution business by working with the very best content creators,” said SPHE President, Man Jit Singh.
“We’re pleased to team with a single packaged media distributor to bring our television portfolio to a global audience, resulting in greater operational efficiency, enhanced visibility and increased sales input,” said Lionsgate President of Home Entertainment, Ron Schwartz.“Sony’s global expertise is unparalleled, and we’re proud to bring them a tremendous library and our strongest and deepest pipeline of current television series ever.”
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ABOUT SONY PICTURES HOME ENTERTAINMENT
Sony Pictures Home Entertainment (SPHE) is a Sony Pictures Entertainment (SPE) company. Sony Pictures Entertainment (SPE) is a subsidiary of Sony Entertainment Inc., a subsidiary of Tokyo-based Sony Corporation. SPE’s global operations encompass motion picture production, acquisition and distribution; television production, acquisition and distribution; television networks; digital content creation and distribution; operation of studio facilities; and development of new entertainment products, services and technologies. For additional information, go to http://www.sonypictures.com.
ABOUT LIONSGATE
Lionsgate (NYSE: LGF.A, LGF.B) is a vertically integrated next generation global content leader with a diversified presence in motion picture production and distribution, television programming and syndication, premium pay television networks, home entertainment, global distribution and sales, interactive ventures and games and location-based entertainment.
With the acquisition of Starz, Lionsgate adds to its portfolio of businesses the flagship STARZ premium pay network serving 24.3 million subscribers and the STARZ ENCOREplatform with 31 million subscribers. The combined company will operate five over-the-top (OTT) streaming services and the STARZ app delivering content directly to consumers.
The Company’s feature film business spans eight labels and includes the blockbuster The Hunger Games franchise, the Now You See Me series, the box office smash La La Land, which won six Academy Awards®, the hit franchise sequel John Wick: Chapter Two, double Oscar winner Hacksaw Ridge, Tyler Perry’s Boo! A Madea Halloween, The Shack, Saban’s Power Rangers, CBS Films/Lionsgate’s Hell or High Water, Roadside Attractions' critically-acclaimed Manchester by the Sea, Codeblack Films’ breakout concert film Kevin Hart: Let Me Explain and Pantelion Films’ Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.
One of the largest independent television businesses in the world, Lionsgate’s slate of premium quality series encompasses nearly 90 shows on more than 40 different networks. These include the ground-breaking Orange is the New Black, the fan favorite Nashville, the syndication success The Wendy Williams Show, the hit drama The Royals, the acclaimed Casual, the breakout success Greenleaf and hit STARZ series including Outlander, Black Sails, Survivor’s Remorse and Power, the second highest-rated premium pay television series of 2016.
Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rates. Lionsgate handles a prestigious and prolific library of more than 16,000 motion picture and television titles that is an important source of recurring revenue and serves as a foundation for the growth of the Company's core businesses. The Lionsgate, Summit Entertainment and Starz brands are synonymous with original, daring, quality entertainment in markets around the world. www.lionsgate.com
For more information:
John Biggin, Head of Publicity & Promotions (UK & EMEA)
Sony Pictures Home Entertainment
Amelia Rogers, VP Publicity, Home Entertainment
Lionsgate
Topics
- Cinema, Film, Photo
