Nu Image/Millennium Films and Lionsgate Join Forces on CONAN THE BARBARIAN Franchise Films



    SANTA MONICA, Calif., Jan. 11 /CNW/ -- NU IMAGE/MILLENNIUM FILMS and
LIONSGATE(R) (NYSE:   LGF), the leading independent filmed entertainment studio,
have announced a deal for Lionsgate to acquire North American distribution
rights to the highly coveted film series CONAN THE BARBARIAN, based on Robert
E. Howard's mythical conquering hero.  The companies most recently partnered
on RAMBO, which Lionsgate is co-releasing (with The Weinstein Company) on
January 25th.  The announcement was jointly made by Danny Dimbort, Trevor
Short and Avi Lerner, founders of Nu Image/Millennium Films, and Jason
Constantine, Lionsgate Executive Vice President of Acquisitions and
Co-Productions.
    Nu Image/Millennium's Boaz Davidson and Joe Gatta are producing the film,
along with Fredrick Malmberg of Paradox Entertainment, George Furla and Henry
Winterstern.  Executive producers include Nu Image's Dimbort, Short and
Lerner.  Production is slated to take place in Bulgaria in summer/fall 2008.
    "We could not be happier to be back in business with Lionsgate," said
Dimbort.  "They have done a phenomenal job with RAMBO and know how to release
a high-profile property.  CONAN is an amazing franchise and they will treat it
in kind."
    "We are delighted to join Nu Image/Millennium Films in bringing Conan the
Barbarian back to the big screen," said Constantine.  "This is a character
unlike any other in the action/adventure canon, with an unlimited potential
for stories that are exciting and different.  And given the production
expertise and creativity of our friends at Nu Image/Millennium, this Conan is
sure to conquer."
    Commented Lerner, "Lionsgate was our choice from the beginning.  Jon
Feltheimer has a great crew with good instincts, a fantastic understanding of
distribution and a wonderful marketing machine.  They will give these films
the right attention and make them a huge success."
    The deal was negotiated for Lionsgate by Constantine, Eda Kowan, Vice
President Acquisitions, and Wendy Jaffe, Executive Vice President Legal &
Business Affairs, Acquisitions and Co-Productions; and by Lerner and Lonnie
Ramati, Executive Vice President Business and Legal Affairs, for Nu
Image/Millennium Films.
    
    ABOUT NU IMAGE, INC. / MILLENNIUM FILMS
    
    Nu Image/Millennium Films is a full-service production company and
distributor servicing the domestic and international markets.  Nu
Image/Millennium Films currently develop, finance, produce and distribute
approximately 15-18 films a year, with locations shooting around the world. Nu
Image was founded in 1992 with partners Avi Lerner, Danny Dimbort and Trevor
Short. Originally dedicated to the action and thriller genres, Nu Image
created Millennium Films in 1996 to address the market's growing need for
theatrical quality films and higher budget action features.  The two divisions
have together produced more than 230 films, including the recent theatrical
releases THE BLACK DAHLIA, 88 MINUTES, THE WICKER MAN, LONELY HEARTS, and 16
BLOCKS.  Upcoming Nu Image/Millennium releases include RAMBO, THE CLEANER, MAD
MONEY, DAY OF THE DEAD, MAJOR MOVIE STAR, THE CODE and RIGHTEOUS KILL.
    
    ABOUT LIONSGATE
    
    Lionsgate is the leading independent filmed entertainment studio, winning
the 2005 Best Picture Academy Award(R) for CRASH, and the Company is a premier
producer and distributor of motion pictures, television programming, home
entertainment, family entertainment and video-on-demand content.  Its
prestigious and prolific library of nearly 12,000 motion picture titles and
television episodes is a valuable source of recurring revenue and a foundation
for the growth of the Company's core businesses. The Lionsgate brand is
synonymous with original, daring, quality entertainment in markets around the
globe.

    For further information, contact:

    For Nu Image/Millennium Films:

    
     Elizabeth Wolfe
     424-202-5062
     ewolfe@firstlookstudios.com
    


    For Lionsgate:

    
     Sarah Greenberg
     310-255-3856
     sgreenberg@lionsgate.com
    




For further information:

For further information: Elizabeth Wolfe, +1-424-202-5062, 
ewolfe@firstlookstudios.com, for Nu Image-Millennium Films; or Sarah 
Greenberg, +1-310-255-3856, sgreenberg@lionsgate.com, for Lionsgate Web Site:
http://www.lionsgate.com


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