SANTA MONICA, CA, March 3, 2014 – As part of the continued expansion of its worldwide distribution infrastructure, Lionsgate (NYSE: LGF), a leading global entertainment company, has entered a multifaceted output agreement with fast-growing Leone Film Group in Italy covering feature films from its Lionsgate and Summit labels, the two companies announced today. Italy was one of the last remaining major territories not previously covered by one of the Company’s output arrangements. The agreement, which was finalized at the Berlin Film Festival, also includes Lionsgate’s exploration of worldwide promotional opportunities on a case by case basis with Leone’s Pacmedia promotional group.
“We have closely followed Leone Film Group’s emergence as a major force in the Italian marketplace, and we’re delighted to establish a long-term partnership with them for the distribution of our feature films in Italy,” said Lionsgate Motion Picture Group Co-Chairmen Patrick Wachsberger and Rob Friedman. “Andrea, Raffaella and Gustavo have great and innovative marketing skills and have built a tremendous relationship with exhibitors and broadcasters alike. We also look forward to working closely with their affiliated promotional company Pacmedia on selected worldwide promotional opportunities.”
“Lionsgate has emerged as a major force in the global marketplace, and the Lionsgate brand has become synonymous with a consistent pipeline of commercially exciting and critically-acclaimed films,” said Andrea Leone, president and co-founder with his sister Raffaella of Leone Film Group. “We look forward to partnering with Patrick, Rob and the rest of the Lionsgate team to elevate their distribution profile in Italy as well as to create exciting new promotional opportunities around the world.”
Lionsgate’s global distribution infrastructure includes output agreements in major territories encompassing 80% of the world’s movie-going population outside China and India, the Company’s self-distribution operations in the U.K., the 50/50 IDC joint venture serving Latin America and distribution in China and Southeast Asia through its Celestial Tiger partnership.
Lionsgate Signs Output Agreement With Italy’s Leone Film Group
For all of Deadline’s headlines, follow us @Deadline on Twitter