SANTA MONICA, Calif., June 7, 2012 — Lionsgate (NYSE: LGF) and its Grindstone Entertainment Group and Emmett/Furla Films, a prolific producer of filmed entertainment featuring some of the leading actors and filmmakers in the industry today, have renewed their slate deal for another 10 films and expanded their overall relationship, the companies announced today.
The Grindstone collaboration with Emmett/Furla and Cheetah Vision has generated a string of successful features starring notable A list actors, including: the thriller SET UP, starring Bruce Willis, Ryan Phillippe and Curtis “50 Cent” Jackson; the crime drama FREELANCERS, starring Robert DeNiro and Forrest Whitaker; the high octane FIRE WITH FIRE, starring Willis, Josh Duhamel, Rosario Dawson and Vincent D’Onofrio; and the serial killer thriller THE FROZEN GROUND, starring Nicolas Cage and John Cusack. The next film slated for release from Grindstone’s partnership with Emmett/Furla is the crime thriller EMPIRE STATE, starring Dwayne “The Rock” Johnson, THE HUNGER GAMES’ Liam Hemsworth and Emma Roberts.
“Grindstone has been an important supplier of content for our filmed entertainment business in recent years, and their pipeline of commercially exciting, quality films from Emmett/Furla has been a key element of their success,” said Lionsgate Co-Chief Operating Officer and Motion Picture Group President Steve Beeks. “Grindstone’s partnership with Emmett/Furla is based on successful film distribution models that have achieved a consistent level of profitability and established Grindstone as an important brand in filmed entertainment.”
“Our partnership with Emmett/Furla is on a roll, and we’re delighted to extend our agreement for another 10 films,” said Grindstone President Barry Brooker. “Randall Emmett and George Furla are among the most prolific producers of films in the world today, and they combine a strong financial sensibility and a natural eye for great filmmaking. The Emmett/Furla name is recognizable among audiences worldwide as a reliable source of exciting and entertaining films and is trusted by our distribution partners as a brand that consistently meets expectations and delivers results.”
“We have partnered with the Lionsgate family on films for more than 10 years, and we’re thrilled to see our partnership continue to grow with their success,” said Emmett/Furla’s Randall Emmett and George Furla. “Lionsgate is one of the most exciting, innovative and entrepreneurial entertainment companies in the world, and we’re delighted to bring our longstanding relationship with Steve Beeks, Barry Brooker and the rest of the Lionsgate team to the next level.”
Emmett/Furla has partnered with Lionsgate on such theatrical films as RAMBO, WONDERLAND, NARC and A LOVE SONG FOR BOBBY LONG, and they are producing the action thriller THE TOMB, starring Sylvester Stallone and Arnold Schwarzenegger, for nationwide theatrical release by the Lionsgate family next year.
The deal was negotiated by Beeks for Lionsgate, Brooker and Stan Wertlieb for Grindstone and Emmett for Emmett/Furla.