LONDON/TORONTO/LOS ANGELES – September 17, 2012 -DreamWorks Studios is pleased to announce that through their newly created collaboration with Mister Smith Entertainment, they have concluded the first of many key partnership deals with independent distribution companies Entertainment One (eOne), announced earlier today; Constantin Film; Nordisk Film; and Italia Film; reflecting the previously announced shift in DreamWorks’ international strategy. These deals signal the first phase of DreamWorks’ plans to create a network of partnerships for their product across all of Europe, Africa and The Middle East with the top independent distributors. This strategy will provide the Company with additional financial flexibility, while also taking advantage of a burgeoning global market.
“On behalf of Steven and Stacey, we are so excited to be in business with international partners we consider the ‘best of breed’ and a perfect match for our films. Partnering with industry leaders at eOne, Constantin, Nordisk, and Italia, we know our films will be handled with the utmost skill and creativity by their distribution teams. This new network of relationships encapsulates the studio’s vision for capitalizing on the growing global marketplace,” said Jeff Small, DreamWorks’ President and COO.
DreamWorks has entered into multi-year output agreements to distribute the company’s films in all media with eOne for the UK and Benelux; with Italia Film for the Middle East; with Nordisk Film for Scandinavia; and with Constantin Film for Germany, Austria and Switzerland. Other partnerships will be announced over the days and weeks ahead. DreamWorks’ domestic distributor, The Walt Disney Company, will continue to handle North America, Latin America, Asia, Russia and Australia. Reliance continues to finance production of DreamWorks’ films and hold distribution rights in India.
Mister Smith CEO David Garrett commented that the swift conclusion of these very complex deals in Toronto reflects the high level of enthusiasm in the international marketplace for DreamWorks’ product and for exploring new ways to collaborate in the arenas of both production and distribution.
Martin Moszkowicz, a member of the executive board of Constantin Film said: “We take great pride in seeing Constantin included among the best distributors in each territory and being part of this strategic distribution partnership for the upcoming DreamWorks films. We look forward to working with the most iconic studio in Hollywood and with such a distinguished and dynamic group of people led by Steven Spielberg, Stacey Snider and Jeff Small.”
“We’re thrilled to collaborate with Steven Spielberg, Stacey Snider, Jeff Small and the entire DreamWorks team in the UK and Benelux. We’re delighted that their expansion aligns so well with eOne’s strategic international distribution infrastructure. We’re looking forward to working on DreamWorks’ premium slate and sharing many successes in the coming years,” said Patrice Theroux, eOne’s President, Filmed Entertainment.
Kenneth Wiberg, Senior Vice President, Nordisk Film said: “We are extremely excited about being in business with a legendary Studio such as DreamWorks led by Steven Spielberg, Stacey Snider and Jeff Small. This is an extraordinary opportunity to work with some of the most creative and dynamic people in Hollywood and to further expand on our current position as the leading distributor of high quality and commercial films. Combined with our existing Output Deal with Lionsgate and our outstanding position as distributor of Local content it will cement Nordisk Film’s position as a major distributor in the Nordic region in the years to come.”
Italia Film CEO/major Partner, Joseph Vincenti stated: “We are honored and thrilled to have been chosen with the great international Dream-team distribution companies to be part of this new adventure with DreamWorks and Mister Smith Entertainment. We are truly confident that the movie passion, enthusiasm, dynamism, long time experience and professionalism behind Steven Spielberg, Stacey Snider and Jeff Small can only lead to great cinematographic output & blockbuster titles that will surely top the box office in our region.”
The first film to go into production in the new slate will be the remake of French-Canadian film “Starbuck,” starring Vince Vaughn, which begins principal photography in October 2012 for release in 2013.
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