Entertainment One acquires Canadian assets of THINKFilm



    - Acquisition includes 235 title THINKFilm library
    - Ouput agreement covers all THINKFilm releases through 2010

    TORONTO, March 27 /CNW/ - Canadian distribution powerhouse Entertainment
One (E1), and U.S. independent studio THINKFilm jointly announced today that
E1 will be the exclusive Canadian distributor for THINKFilm movies through
2010. The multi-year output deal which covers all rights to Think movies in
Canada was announced today by THINKFilm President and CEO Jeff Sackman, E1's
Filmed Entertainment President Patrice Théroux and Seville's Pictures
President David Reckziegel. E1 subsidiary Seville Pictures will handle
distribution in Canada.
    Affirming its place as one of the leading Canadian film distribution
businesses, E1 has also acquired THINKFilm's library of 235 critically
acclaimed and commercially proven features, for the remainder of the term that
Think owns such pictures. The acquisition brings E1's filmed entertainment
catalogue to 700+ titles, totaling more than 1,500 hours of content, which
constitutes one of the best quality and most important film libraries in
Canada.
    THINKFilm's current and upcoming U.S. slate of feature releases includes
BORDERTOWN, starring Jennifer Lopez and Antonio Banderas; IN THE SHADOW OF THE
MOON, winner of the World Cinema Audience Award at Sundance 2007; BEFORE THE
DEVIL KNOWS YOU'RE DEAD, directed by Sidney Lumet and starring Philip Seymour
Hoffman and Ethan Hawke; THE WALKER, directed by Paul Schrader and starring
Woody Harrelson, Kristin Scott Thomas, Lauren Bacall, Ned Beatty and Willem
Dafoe; director Jieho Lee's feature debut THE AIR I BREATHE, starring Sarah
Michelle Gellar, Kevin Bacon, Brendan Fraser, Forest Whitaker, Andy Garcia and
Emile Hirsch; two award-winning documentaries: NANKING, directed and written
by both Bill Guttentag and Dan Sturman, starring Woody Harrelson, Stephen
Dorff and Mariel Hemingway and Best Documentary Feature Academy Award(R)
winner TAXI TO THE DARK SIDE directed by Alex Gibney.
    The newly acquired film library includes Ang Lee's break-out hit
CROUCHING TIGER, HIDDEN DRAGON, which grossed more than USD$200m worldwide;
Pedro Almodovar's Golden Globe and Academy Award(R) winner, ALL ABOUT MY
MOTHER, starring Penelope Cruz; Ed Harris' POLLOCK, starring Harris and
Academy Award(R) winner Marcia Gay Harden; SHORTBUS; HALF NELSON, starring
Ryan Gosling ; ASSASSINATION OF RICHARD NIXON starring Academy Award(R) winner
Sean Penn, Academy Award(R) winner and Golden Globe-nominee Don Cheadle and
Academy Award(R) nominee Naomi Watts; Woody Allen's SWEET AND LOWDOWN starring
Academy Award(R) winner Sean Penn and Academy Award(R) nominee Samantha
Morton, CANDY, from debut film-maker Neil Armfield and starring Academy
Award(R) nominee Heath Ledger and Academy Award(R) winner Geoffrey Rush; and
Chris Smiths' acclaimed documentary AMERICAN MOVIE.
    This important agreement marks another milestone in rapidly-expanding E1
Filmed Entertainment's strategy to establish itself as a leader on a worldwide
basis. In the past months, Entertainment One has been very active in
developing its network for filmed entertainment distribution which now
includes Canada, the UK, Holland, Belgium and the U.S. E1 also has been
actively building up its library of content with the acquisition of Contender
Entertainment Group in the UK, Seville Entertainment in Canada, RCV in the
Benelux, the signing of Summit for the UK and Canada and the signing of Yari
Film Group for Canada to ensure a supply of top films for these markets. E1 is
now expanding its Toronto operation to accommodate the increased volume of
titles from the Summit, Yari and THINKFilm deals while capitalizing on the
immediate synergies of streamlining releases through distribution subsidiary
Seville.
    THINKFilm President and CEO Jeff Sackman said "We are extremely happy to
have found such a great partner to take care of our films in Canada. David
Reckziegel and his team at Seville Pictures have a long history of nurturing
some of the best films from around the world and we are pleased to add our
selection of films to their offering and to be collaborating with them. We
could not think of a better fit for our films in Canada."
    E1 Filmed Entertainment President Patrice Théroux added, "This long term
output agreement and the acquisition of their 235 titles library is another
important step in establishing our Canadian and worldwide distribution
infrastructure. We are very focused on consolidating assets in the markets we
have a presence and reaping the benefits of the resulting synergies. The
addition of these 235 titles to our library also allows us to bring more
recurring revenues from our library in Canada, which constitutes another
corner stone of our global strategy."
    Said Seville Pictures' David Reckziegel, "THINKFilm has a history of
bringing high quality independent films to the marketplace. Their product line
is very complimentary with Seville's existing line-up and will increase our
Canadian theatrical slate to over 50 films per year. We very much look forward
to working with the THINKFilm team and retaining the distinctiveness of the
Think brand which has been so well defined since its inception."
    The deal was negotiated for THINKFilm by Jeff Sackman and Marc Hirshberg
and E1's Patrice Theroux and David Reckziegel.

    Note to the Editors:
    --------------------

    Entertainment One Ltd. (LSE: ETO) AIM listed, Entertainment One Ltd's
strategy is to build a leading global independent entertainment content
ownership and distribution business which acquires films, television programs
and music content and exploits these rights in all media throughout the world.
Entertainment One is one of the world's leading international entertainment
companies with operations in Canada, the U.S, Holland, Belgium and the UK,
where it distributes, acquires and owns filmed entertainment and music content
in all medias. Entertainment One also owns Koch Entertainment, the largest
independent record label in North America and a leading independent
distributor of music and video in the United States.
www.entertainmentonegroup.com

    About THINKFilm LLC THINKFilm is a privately held production and
distribution company founded in September 2001. In the fall of 2006, it was
bought by film financier and producer David Bergstein, who is now the
company's Chairman. Boasting five Academy Award nominations in as many years,
most recently with Ryan Gosling nominated for Best Actor in 2006 for HALF
NELSON, and a win for Best Documentary with BORN INTO BROTHELS in 2005,
THINKFilm's recent releases include: David Sington's IN THE SHADOW OF THE
MOON; Sidney Lumet's BEFORE THE DEVIL KNOWS YOU'RE DEAD with Philip Seymour
Hoffman, Ethan Hawke and Marisa Tomei; Tony Kaye's LAKE OF FIRE, festival
favorite WAR/DANCE from filmmakers Sean Fine and Andrea Nix Fine, Paul
Schrader's THE WALKER starring Woody Harrelson, Kristin Scott Thomas and
Lauren Bacall, and Alex Gibney's Best Documentary Feature Academy Award winner
TAXI TO THE DARK SIDE. For more information, please visit
www.thinkfilmcompany.com





For further information:

For further information: DDA Public Relations, Lawrence Atkinson, E:
lawrence.atkinson@ddapr.com, T: +44 (0) 20 7932 9800; Alice Gledhill Hall, E:
alice.gledhillhall@ddapr.com, T: +44 (0) 20 7932 9800, W: www.ddapr.com

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