Entertainment One Regulatory News (ETO)

Date: 17 December 2015On behalf of: Entertainment One Ltd. ("eOne", "the Company")

Entertainment One Ltd.

Strategic Film Output Deal

Entertainment One Ltd. is pleased to announce that the Group has extended its output agreement with DreamWorks Pictures through the creation of a new partnership.

eOne, in association with Steven Spielberg, Principal Partner, DreamWorks Studios; Jeff Skoll, Chairman, Participant Media; and Anil Ambani, Chairman, Reliance Group; has formed Amblin Partners, a new film, television and digital content creation company.

The new partnership will see eOne expand its successful film distribution relationship across additional territories and extend its collaboration into television production and distribution as well as into licensing and merchandising. eOne will handle the direct distribution of Amblin Partners' films on a multi-territory output basis including Australia/New Zealand and Spain as well as the United Kingdom and the Benelux, where it previously had a successful output arrangement with DreamWorks Studios. As part of the deal eOne will hold a small equity stake in Amblin Partners.

Amblin Partners will create content using the Amblin, DreamWorks Pictures and Participant brands and leverage its power and broad awareness to tell stories that appeal to a wide range of audiences. Amblin Partners will be led by CEO, Michael Wright, and President and COO, Jeff Small. In addition, Amblin Television will become a division of Amblin Partners.

Film projects in various stages of production include: The BFG, The Light Between Oceans, The Girl on the Train and A Dog's Purpose. Amblin Partners' television programming includes All the Way, an HBO movie directed by Jay Roach and starring Bryan Cranston, and American Gothic.

Darren Throop, President & CEO of Entertainment One said: "We are delighted to join Steven Spielberg, Jeff Skoll and Reliance in launching this unique new venture.

"As part of eOne's stated growth strategy to double the size of the business by 2020, we continually strive to partner with producers of the highest quality content and Amblin Partners certainly represents the gold standard. This long term partnership builds on the successful output relationship between eOne and DreamWorks, whilst extending the relationship through additional territories, licensing and merchandising and television production and distribution."

Notes to Editors:

About Entertainment One

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 US, the UK, Ireland, Spain, the Benelux, France, Germany, Scandinavia, Australia, New Zealand and South Africa.

Through established Film and Television Divisions, the Company provides extensive expertise in film distribution, television and music production, family programming, merchandising and licensing, and digital content. Its current rights library is exploited across all media formats and includes more than 40,000 film and television titles, 4,500 hours of television programming and 45,000 music tracks.

Further information is available at www.entertainmentone.com or email Redleaf Polhill at eOne@redleafpr.com.

About Amblin Partners

Amblin Partners is a content creation company formed by DreamWorks Studios, Participant Media, Reliance Entertainment and Entertainment One (eOne). The company develops and produces films using the Amblin, DreamWorks Pictures and Participant banners and includes Amblin Television, a longtime leader in quality programming.