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Lionsgate Ties With Victor Loewy, Cineplex & Mongrel For Film Distribution In Canada
EXCLUSIVE: In an intriguing industry move, we can reveal that Victor Loewy, the former CEO of Canadian giant Alliance Films, is back in the distribution game via a potent Canadian partnership.
Lionsgate Canada has formed a strategic arrangement with industry vet Loewy, leading local exhibitor Cineplex and indie firm…
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Berlin: EOne Outlines Canadian And Québec Film Team
Entertainment One has steadily been detailing a new executive structure following its takeover of rival Canadian giant Alliance Films in a $230M deal that was completed last month. Execs were quickly named for the UK and Spain operations and the latest announcement concerns its operations closer to home where eOne and…
Robert Walak Exiting Alliance Films Following Takeover By eOne
With eOne‘s $230M acquisition of rival Canadian giant Alliance Films completed earlier this month, the executive structure in the UK, where the companies overlapped, is coming into somewhat clearer focus. On the eve of the European Film Market in Berlin, eOne today said that Alliance SVP Worldwide Acquisitions and…
EOne Names UK, Spain Execs
Now that its takeover of rival Alliance Films is complete, eOne has announced exec appointments for the UK and Spanish arms of the company. Alex Hamilton has been named managing director in the UK to oversee the combined UK film team, including distributor Momentum Pictures, and Jorge Vazquez will be managing director…
EOne Completes Alliance Films Acquisition; Victor Loewy, Charles Layton Exit
UPDATE: Alliance co-founder and CEO Victor Loewy released the statement below following the eOne announcement this morning:
"Further to the acquisition of Alliance Films by eOne, the Alliance Films brand and legacy will come to an end. Whilst it's been a privilege to be part of Alliance, having founded and been…
Canada’s eOne Says It Has Clearance To Acquire Alliance Films
The merger of Canadian giants Entertainment One and Alliance Films is one step closer to fruition. EOne announced in September that it was seeking to acquire rival Alliance for approximately $230M. One of the conditions for the acquisition to move forward was regulatory clearance. Today, eOne says that the applicable…
‘Insidious’ Sequel Set For Aug 30, 2013
The cast, writer Leigh Whannell and director James Wan are returning for Insidious Chapter 2, which FilmDistrict will release August 30, 2013. The first horror pic, released in April 2011, was one of the most profitable films of that year, grossing $97 million worldwide on a budget of $1.5 million. Sony Pictures…
eOne Earnings Down In 1st Half; Alliance Acquisition Expected To Close Early 2013
Entertainment One has reported a drop in adjusted pre-tax profits for the six months ended September 30 with earnings down to $14M from $29.9M in the same period last year. The producer-distributor said underlying EBITDA of $21.3M was down from last year’s $37.5M, primarily due to the timing of increased investment…
TOLDJA! Canada's eOne Confirms It Will Acquire Alliance Films For $230M
A deal has been brewing for some time between the Canadian giants. In May, Deadline reported word was spreading about a hookup during the Cannes Film Festival, and eOne later confirmed it was in talks to buy rival Alliance. Today’s announcement comes just as the Toronto Film Festival is getting underway where both…
eOne Says Talks With Alliance Are Ongoing As It Reports Strong First Quarter
In May, Entertainment One confirmed it was mulling the acquisition of fellow Canadian-based group, Alliance Films. At the time, it said a deal was not a certainty, but that it had held talks with Alliance shareholders. In its interim results today, eOne said the discussions are “ongoing”. In the meantime, eOne said it…
eOne Confirms Talks To Purchase Alliance
Entertainment One confirmed today that the distributor has held negotiations about purchasing Alliance Films, as Deadline reported last week from the Cannes Film Festival. Both companies had remained publicly mum about the negotiations but eOne said today it wanted to comment because of market speculation, according…
Cannes Swirls With Talk Of Convergence Between Distributors eOne And Alliance
With the pace of dealmaking slow so far at the Cannes Film Festival, the most intriguing word spreading on the Croisette is that Entertainment One is in discussions to acquire Alliance. We’ve even heard word that Alliance and Entertainment One will not be making offers on the same films here on territories where there…
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