Lionsgate and CBS Films announced today that they will team for a multi-year distribution partnership which will begin with the 2015 release of teen comedy The DUFF.
CBS Films will acquire or produce films with Lionsgate overseeing distribution and all international sales, including theatrical and home entertainment. Outside of this new strategic arrangement, CBS Films will continue to acquire, produce and self-distribute its own limited releases. "Making movies is only half of the equation - today's marketplace demands a strategic approach to marketing and distribution that is fluid and creative, and no company has demonstrated more vision and innovation than Lionsgate," said CBS Films President Terry Press. "As we build our homegrown slate and expand our efforts in the acquisition space, we're thrilled to partner with the outstanding Lionsgate team on a plan that provides the flexibility to handle these ambitions." "CBS Films has emerged as a creative force that will serve as a commercially exciting and reliable source of quality mainstream theatrical releases for years to come," said Lionsgate Co-Chief Operating Officer and Motion Picture Group President Steve Beeks. "Our partnership unites two companies with powerful brands, complementary strengths and similar entrepreneurial cultures in a distribution agreement that extends the terrific Lionsgate/CBS relationship."Videos