SANTA MONICA, Calif.,
April 14, 2020 /PRNewswire/ -- Global
content leader Lionsgate (NYSE: LGF.A, LGF.B) has renewed its
longstanding partnership with Grindstone Entertainment Group and
entered new multiyear agreements with Grindstone President and CEO
Barry Brooker and principal
Stan Wertlieb, it was announced
today by Lionsgate Worldwide Home Entertainment President
Ron Schwartz. The new deal
extends a successful 12-year relationship between Lionsgate and
Grindstone driven by a string of commercially successful,
star-driven event films.
Grindstone has become a leader in delivering feature films for
the fast-growing multiplatform streaming space. The new
agreement encompasses a slate of upcoming releases that includes
the action thriller Force of Nature, starring
Mel Gibson, Emile Hirsch and Kate
Bosworth, the thriller Rogue,
starring Transformers' Megan Fox, the
comedy Guest House, starring Pauly Shore,
Aimee Teegarden, Mike Castle and Steve-O, and the
thriller Hair of the Dog, starring Olympus Has
Fallen's Gerard Butler.
"This extension continues a longstanding and mutually beneficial
relationship for both our companies," said Schwartz. "Barry
and Stan are the best in the business and have built Grindstone
into a home for great talent, exciting properties and a source of
consistent profitability. We look forward to expanding our
partnership with one of the most innovative and recognizable brands
in the multiplatform streaming space."
Schwartz noted that, in addition to its current and upcoming
slate, Grindstone has also amassed a 500-title catalog of content
during its 12-year partnership with the studio.
"Lionsgate provides an amazing global content platform for our
films, and we look forward to extending and expanding our long and
successful collaboration with Ron and his world-class team," said
Brooker and Wertlieb. "Our relationships with leading
producers, filmmakers and stars continues to drive our ability to
distinguish ourselves as innovators in the current streaming
environment, and we will continue to pivot to take advantage of the
marketplace. We will also continue to pursue a more global
approach to our business as we work strategically with top content
creators around the world."
Recent Grindstone successes include the last two installments of
the Escape Plan franchise, Escape Plan
2: Hades and Escape Plan 3: The
Extractors, starring Sylvester
Stallone, Curtis "50 Cent"
Jackson and Dave Bautista, and the
thriller The Poison Rose, starring John Travolta, Morgan
Freeman, Famke Janssen and
Brendan Fraser.
The Grindstone management team of Brooker and Wertlieb has had a
successful working collaboration for over 20 years.
ABOUT LIONSGATE
The first major new studio in decades, Lionsgate (NYSE: LGF.A,
LGF.B) is a global content leader whose films, television series,
digital products and linear and over-the-top platforms reach next
generation audiences around the world. Lionsgate film and
television properties also support a global network of
location-based entertainment and other branded attractions as well
as a robust video game business. Lionsgate's content initiatives
are backed by a nearly 17,000-title film and television library and
delivered through a global sales and distribution 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 further information, please contact:
Tiffany Olivares
Lionsgate Home Entertainment
310-255-3651
Tolivares@lionsgate.com
For corporate media inquiries, please contact:
Peter D. Wilkes
310-255-3726
pwilkes@lionsgate.com
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SOURCE Lionsgate