SANTA MONICA, Calif. and BUENOS AIRES, Argentina, April 28, 2016 /PRNewswire/ -- Lionsgate (NYSE: LGF), a premier next generation global content leader, and FOX Networks Group (FNG) Latin America, leading entertainment group, have today confirmed a significant output agreement through which Lionsgate will supply a stellar line up of its premium first-run films for FNG's Pay TV and Basic Cable channels across Latin America. In addition, the channels will have access to popular films in Lionsgate's extensive library.
The deal includes the fan-favorite films Divergent and Insurgent from the popular Divergent Series, as well as Academy Award-nominated film Philomena, and popular Pantelion title Ladrones with Latin American superstars Fernando Colunga and Eduardo Yañez.
"We are delighted to have secured this important agreement with our friends at FOX Networks Group Latin America," said Peter Iacono, President International Television and Digital Distribution, Lionsgate. "Our aim is always to garner maximum value from each of our titles and this multiple year output deal for Pay TV and Basic Cable with such a major network in Latin America will enable our first-class programming to showcase widely across this important region."
"Thanks to much hard work by executives from both companies, the highly successful content from the Lionsgate and Summit Entertainment labels has found a home as part of the portfolio of content offered on Fox Network Groups channels in Latin America. With audiences that continually demand more and better content, Lionsgate will be a great addition to the other programming we currently offer. It was a pleasure to work with the Lionsgate team to reach this agreement," said Richard Rohrbach, Senior Vice President of Acquisitions, FOX Networks Group Latin America.
The deal was brokered by Iacono, and Maryann Pasante, Lionsgate's Senior Vice President of Sales with Rohrbach, SVP of Acquisitions, FNG Latin America.
Lionsgate is a premier next generation global content leader with a diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games, and location-based entertainment. The Company has nearly 80 television shows on 40 different networks spanning its primetime production, distribution and syndication businesses. These include the critically-acclaimed hit series Orange is the New Black, the hit broadcast network series Nashville, the syndication successes The Wendy Williams Show and Celebrity Name Game (with FremantleMedia), the breakout series The Royals and the Golden Globe-nominated dramedy Casual.
The Company's feature film business spans eight labels and includes the blockbuster Hunger Games franchise, the Now You See Me, Divergent and John Wick series, Sicario, The Age of Adaline, Roadside Attractions' Love & Mercy and Mr. Holmes, Codeblack Films' Addicted and breakout concert film Kevin Hart: Let Me Explain and Pantelion Films' Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.
Lionsgate's home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rates. Lionsgate handles a prestigious and prolific library of approximately 16,000 motion picture and television titles that is an important source of recurring revenue and serves as a foundation for the growth of the Company's core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world. www.lionsgate.com
About FOX Networks Group Latin America
FOX Networks Group Latin America operates channels, production and online business for a variety of brands in Latin America including Fox, FX, FOX Life, MundoFox, FOX Sports, FOX Sports 2, FOX Sports 3, FOX News, National Geographic Channel, Nat Geo Wild, BabyTV, FOX+, FOX1, FOX Comedy, FOX Action, FOX Family, FOX Cinéma, FOX Classics, FOX Movies, Film Zone, Cinecanal, FOX Play and FOX Telecolombia. FOX Networks Group Latin America is property of 21st Century Fox (NASDAQ: FOX; ASX: FOX).