SANTA MONICA, Calif., and
VANCOUVER, British Columbia,
Oct. 23, 2018 /PRNewswire/ -- Global
content leader Lionsgate (NYSE: LGF.A, LGF.B) today renewed its
longstanding partnership with IDC for the theatrical distribution
of its Lionsgate and Summit Entertainment films across Latin America, the two companies announced
today.
Since the partnership's formation with predecessor company
Summit Entertainment in 2005, IDC has generated over $1.3 billion at the Latin American box office,
propelled by the blockbuster Hunger Games, Twilight Saga, Now
You See Me, and John Wick franchises along with hits
like multiple Oscar® winner La La Land, last year's breakout
sensation Wonder, The Impossible and The Shack.
IDC has also scored with acquisitions such as Sinister, Last
Vegas, Winchester and Non Stop.
IDC's unique distribution relationships with leading
independents across 23 Latin American countries give it the
flexibility to release both day-and-date with the U.S. as well as
opportunistically on a territory-by-territory basis. The IDC
structure also allows it to create the marketing, release and
promotional strategies in each territory.
"Pedro Rodriguez and his IDC team
have done a great job of mining the full potential of the Latin
American box office," said Lionsgate Chief Executive Officer
Jon Feltheimer. "His relationships
with distributors and exhibitors and his knowledge of the Latin
American marketplace are second to none. IDC is an essential
part of our global distribution infrastructure, and they continue
to create enormous value for our Company."
"I'm thrilled to extend my longstanding partnership with Jon,
Michael, Joe and the rest of the Lionsgate team," said Rodriguez.
"Lionsgate is a major content platform with a deep and consistent
pipeline of films that have enormous appeal for Latin American
moviegoers. As we continue to work together, we're very
excited about the opportunities that lie ahead."
IDC's upcoming release slate includes the adventure epic
Robin Hood, the third
installment of the John Wick action franchise, Chaos
Walking, The Kingkiller Chronicle, and acquisitions
Life Itself and 47 Meters Down: The Next Chapter.
ABOUT LIONSGATE
The first major new studio in decades, Lionsgate is a global
content platform whose films, television series, digital products
and linear and over-the-top platforms reach next generation
audiences around the world. In addition to its filmed
entertainment leadership, Lionsgate content drives a growing
presence in interactive and location-based entertainment, gaming,
virtual reality and other new entertainment technologies.
Lionsgate's content initiatives are backed by a 16,000-title film
and television library and delivered through a global licensing
infrastructure. The Lionsgate brand is synonymous with
original, daring and ground-breaking content created with special
emphasis on the evolving patterns and diverse composition of the
Company's worldwide consumer base.
For media inquiries, please contact:
Peter D. Wilkes
Pwilkes@lionsgate.com
(310) 255-3726
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SOURCE Lionsgate