Televisa and Lionsgate Plan New Television Programming and Development Partnership

Symbols: LGF
Posted in: News, Contracts
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Lionsgate (NYSE: LGF) and Televisa have agreed on terms for a longterm programming and development venture to create English language television content for U.S. broadcast and cable networks, it was announced today at NATPE by Lionsgate Co-Chairman and Chief Executive Officer Jon Feltheimer and Televisa President and Chief Executive Officer Emilio Azcarraga.

The alliance represents another expansion of Lionsgate and Televisa's longstanding partnership and complements the two companies' film joint venture, Pantelion Films, launched in 2010 to acquire and distribute feature films for the Hispanic market in the U.S. The new television partnership will include the development of scripted and unscripted English language original programming as well as format adaptations from Televisa's vast library of thousands of titles, including the leading telenovelas in the world to be produced in English. It includes a significant development fund designed to attract quality talent to approximately six to eight projects a year.


 
 
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