20 Apr 2011 07:00
Date: | 20 April 2011 |
On behalf of: | Entertainment One Ltd. ("eOne", the "Company" or the "Group") |
Embargoed until: | 0700hrs |
Entertainment One Ltd.
Renewal of Summit Entertainment output deal in the UK and Canada
§ Output deals extended until July 2015
§ Agreements cover all UK and Canadian films
Entertainment One Ltd. (LSE: ETO), the international entertainment group, is pleased to announce the renewal of its UK and Canadian output agreements with American independent studio, Summit Entertainment ("Summit"). Under the terms of these multiyear agreements, eOne will continue to distribute Summit films in all media across Canada and the UK.
Since its founding in 2007, Summit has produced and distributed many notable films including The Twilight Saga series based on Stephanie Meyer's best-selling novels, Red starring Bruce Willis, Helen Mirren and Morgan Freeman and Knowing, staring Nicholas Cage. Forthcoming films include Cold Light of Day, Man on A Ledge and the fourth and fifth instalments of The Twilight Saga: Breaking Dawn - Part 1 and Breaking Dawn - Part 2.
eOne expects to release up to eight Summit films per year in both the UK and Canada.
Darren Throop, CEO of eOne, said:
"We are thrilled to extend our strong relationship with Summit for a further four years. The highly successful partnership has fostered tremendous growth for both businesses over the past three years.
"The strong line up of films from Summit was an important addition to our slate in 2010, where we finished as the number one independent distributor in the UK. This will serve as a great foundation as we continue to grow our business in both the UK and Canada."
Enquiries:
| ||
Redleaf Communications | Emma Kane Rebecca Sanders-Hewett
| +44 (0) 207 566 6700 eOne@redleafpr.com
|
Entertainment One Ltd. | Giles Willits
| +44 (0) 207 907 3773
|
Cenkos Securities plc
Singer Capital Markets Limited
| Stephen Keys Adrian Hargrave
James Maxwell Nick Donovan | +44 (0) 207 397 8926
+44 (0) 203 205 7500 |
Notes to Editors:
Entertainment One Ltd. (LSE:ETO) is a leading international entertainment company that specialises in the acquisition, production and distribution of film and television content. The Company's comprehensive network extends around the globe including Canada, the U.S., the UK, Ireland, Benelux, Australia, New Zealand, France, Germany, Scandinavia, and South Africa. Through established Entertainment and Distribution divisions, the company provides extensive expertise in film distribution, television and music production, family programming and merchandising and licensing. Its current rights library is exploited across all media formats and includes more than 20,000 film and television titles, 2,400 hours of television programming and 45,000 music tracks.
Further information is available at www.entertainmentonegroup.com.
This announcement has been issued by and is the sole responsibility of the Company.