CONTENT PARTNERS’ REVOLUTION STUDIOS PACTS WITH SONY PICTURES TELEVISION FOR GLOBAL TV AND DIGITAL DISTRIBUTION
Cannes, France and Los Angeles, CA, October 16, 2019 – Revolution Studios, a portfolio company of Content Partners, has tapped Sony Pictures Television (SPT) to handle global TV and digital distribution licensing for all of its titles. The deal, announced today, also includes 64 Morgan Creek films to which Revolution owns international distribution rights.
Under the agreement, SPT will handle worldwide distribution of all television and streaming rights for more than 40 high-profile Revolution films including Black Hawk Down, xXx, Maid in Manhattan, Daddy Day Care, America’s Sweethearts and 13 Going On 30. Morgan Creek International titles include Ace Ventura: Pet Detective, Robin Hood: Prince of Thieves, The Last of The Mohicans, Young Guns, Major League and The Whole Nine Yards. The agreement reunites Revolution with Sony, an initial investor in the company as well as its original film distributor.
“The SPT team is among the best in the business and the ideal partner to handle international distribution of Revolution’s extensive catalog in the continually shifting global digital media landscape,” said Vince Totino, Revolution Chief Executive Officer.
“We are thrilled to expand our business with Sony, with whom Revolution has a long and fruitful history,” said Scott Hemming, Revolution, President and Chief Operating Officer. “The scale and global reach of SPT’s television and digital distribution operation makes them an ideal partner for us as we continue to find new avenues to bring our library of hit films to audiences around the world.”
Said Mike Wald, EVP Content Strategy & Management, Sony Pictures Television: “The Revolution library includes some of the most beloved feature films and we are delighted to be able to offer this trove of top-notch content to our partners around the world.”
About Revolution Studios
Revolution Studios is a diversified entertainment company that owns, acquires and exploits film, television and stage productions. Led by CEO Vince Totino and President and COO Scott Hemming, the company boasts one of the largest independent libraries of premium content, including 126 motion pictures which collectively earned more than $7.1 billion in box office receipts, as well as 240 television episodes. Revolution produced xXx: Return of Xander Cage, as well as 46 of the motion pictures in its library, including Maid in Manhattan, Anger Management, Daddy Day Care, America’s Sweethearts, Hellboy, xXx, White Chicks and the Academy Award®-winning Black Hawk Down. Revolution also has acquired 80 movies through library acquisitions, including those of Morgan Creek International, Cold Spring Pictures and GK Films. Originally founded in 2000, the company was acquired by Content Partners in January 2017.
About Content Partners
Content Partners is a unique investment company that acquires profitable and cash flowing entertainment intellectual property rights and companies in film and television. Acquisitions have included complete film and television libraries, investments held by banks and other institutional investors, and passive cash flows held by individual creative artists involved in the entertainment business. Since its founding in 2006, Content Partners has purchased interests in more than 350 films and over 1,500 hours of television. The firm is a SEC registered investment advisor. The company is headquartered in Los Angeles, California.
About Sony Pictures Television
Sony Pictures Television (SPT) is one of the television industry’s leading content providers, producing, distributing and carrying programming worldwide in every genre and for every platform. In addition to managing one of the industry’s largest libraries of award-winning feature films, television shows and formats, SPT is home to a thriving global content business, operating 24 wholly-owned or joint-venture production companies in 12 countries, as well as linear and digital channels around the world. SPT is a Sony Pictures Entertainment Company.
Source:MIPCOM
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