Lionsgate And Studiocanal Expand Worldwide Partnership
Renew Longterm Library Distribution Agreement For Lionsgate To Distribute More Than 2,000 STUDIOCANAL Titles
Lionsgate (NYSE: LGF) and media giant STUDIOCANAL have extended and expanded their partnership with a longterm renewal of the agreement under which Lionsgate distributes the STUDIOCANAL library of more than 2,000 titles as well as a new agreement for STUDIOCANAL to distribute the next installment of THE HUNGER GAMES franchise, CATCHING FIRE, in the German speaking territories, the two companies announced today at the Cannes Film Festival.
The first film in the franchise, the global blockbuster THE HUNGER GAMES, has grossed nearly $400 million at the North American box office and is approaching $650 million at the worldwide box office, including more than $24 million at the box office in the German speaking territories.
"STUDIOCANAL exemplifies the global reach, market leadership and innovative thinking of the media companies with whom we are partnered around the world," said Lionsgate Motion Picture Group Co-Chairs Patrick Wachsberger and Rob Friedman and Motion Picture Group President Steve Beeks. "We're delighted to expand our longstanding STUDIOCANAL relationship with a renewal of our filmed entertainment library distribution agreement as well as an agreement for STUDIOCANAL to distribute CATCHING FIRE in the German speaking territories. Our STUDIOCANAL partnership has been an important part of our growth around the world, and we believe that they will become an even more important part of our future."
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