PACT COVERS SUMMIT FEATURE FILMS THROUGH 2010
LOS ANGELES, CA, and TORONTO, ON, Sept. 20 /CNW/ - Burgeoning world-wide
motion picture studio Summit Entertainment and Entertainment One (E1), one of
the world's leading international independent filmed entertainment
distributors have reached a multi-territory all rights agreement for feature
films from Summit through 2010. E1 subsidiary Contender Films will manage all
rights in the UK with Seville Entertainment handling all rights in Canada.
The deal allows one of the industry's newest significant content
producers and a global distribution powerhouse entry into the Canadian
theatrical film distribution market, which until recently was controlled
primarily by one organization. In the UK, the agreement allows for Summit
produced product to bolster E1's recently acquired Contender Entertainment
Group and aligns Summit with a partner who will aggressively support its
product as it cements its place in the UK. The announcement was made today by
Summit Co-Chairmen Robert G Friedman and Patrick Wachsberger along with E1's
CEO Darren Throop and Filmed Entertainment President Patrice Théroux.
"We could not ask for a better partner to represent our productions in
both Canada and the UK," said Friedman and Wachsberger in a joint statement.
"The combination of Entertainment One's public backing and their commitment to
the Canadian and UK marketplaces, allows Summit the best opportunity to have
our films succeed and reach the broadest possible audiences both in the
theatrical and home entertainment marketplaces."
E1 Filmed Entertainment President Patrice Théroux added, "Summit is
unique in this industry - no other independent company has so consistently
produced critically acclaimed, original films that work in the marketplace.
Everyone wanted the Summit slate in Canada and in the UK and I am honored that
they have put their faith in Entertainment One."
Said E1 CEO Darren Throop, "We are delighted to be in business with
Summit - this partnership is a perfect fit. The addition of the Summit films
to our UK and Canadian operations immediately establishes our Filmed
Entertainment Group as one of the leading film and television distributors in
In Canada Seville Entertainment will distribute Summit produced films and
those to which it controls the North American rights. The first production to
fall under the arrangement in Canada will be Summit's thriller P2, currently
scheduled for a wide release on November 9, 2007.
In the UK, Contender Films will handle the distribution of Summit
in-house productions along with those films for which Summit acquires the UK
rights. In the UK, Summit International will continue to represent the rights
to third-party films which it does not produce or finance as these films are
not included in any agreements with Entertainment One and its subsidiaries.
The deal was negotiated by Summit Chief Operating Officer Bob Hayward and
E1's Théroux and Throop.
Note to the Editors:
Entertainment One Ltd. (LSE: ETO) Admitted to trading on AIM on 29 March
2007, 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 the largest
distributor of home entertainment products in the Canadian market. Following
the acquisition of Seville Entertainment in Canada on 20 August 2007, it also
has a significant presence in the theatrical and international sales markets.
Outside Canada Entertainment One owns Koch Entertainment, the largest
independent record label in North America and a leading independent
distributor of music and video in the United States and Contender, one of the
leading independent UK distributors of filmed entertainment.
Summit Entertainment LLC is a new worldwide theatrical motion picture
development, financing, production and distribution studio. The studio handles
all aspects of marketing and distribution for both its own internally
developed motion pictures as well as acquired pictures. Summit Entertainment,
LLC also represents international sales for both its own slate and third party
product. Summit Entertainment, LLC plans to release 10 to 12 films annually.
Feature film productions with which Summit has been involved include IN THE
VALLEY OF ELAH, STEP UP, BABEL and MR. & MRS. SMITH.
For further information:
For further information: Entertainment One: DDA PR: Jill Jones, Tel: +44
(0)20 7932 9800, Email: email@example.com; Summit Entertainment: Principal
Communications Group: Paul Pflug, Tel: +1 (323) 658 1555, Email: