E1 Entertainment and Lakeshore Entertainment renew output agreement in Canada
08 February 2010
Multiyear agreement covers Canadian rights in
all media;
Up to four films per year expected to be released under this
agreement
TORONTO - February 8, 2010 - E1 Entertainment (E1), one of the world's premiere independent entertainment distributors, today announced the renewal of its Canadian output agreement with American indie production company Lakeshore Entertainment. Under the terms of this multiyear agreement, E1 will continue to distribute Lakeshore films in all media across Canada. Since its founding in 1994, Lakeshore has produced many notable films including 2004 Academy Award Best Picture winner Million Dollar Baby, the 2009 international box office hit The Ugly Truth as well as numerous other films including Runaway Bride, The Mothman Prophecies and Crank. It is anticipated that E1 will release up to four Lakeshore films a year in Canada under this agreement.
"We are extremely pleased to extend our partnership with Lakeshore Entertainment," said Bryan Gliserman, co-president of E1's Canadian Film business. "Tom Rosenberg and his team have consistently delivered films that perform well at the box office, and the company enjoys strong, established relationships with content creators, major studios and international distributors, making Lakeshore a unique and desirable partner."
Lincoln Lawyer, starring Matthew McConaughy, is slated to be the first film released under the renewal agreement. Based on the best-selling Michael Connelly novel, the film is a legal thriller that centers on a low-level criminal defense attorney Mickey Haller (McConaughy) who finds himself representing a wealthy client with ties to a previous murder case Haller handled.
The contract was brokered by Richard Rapkowski , E1 Entertainment Canada's Vice President, Business and Legal Affairs, with participation from Gliserman and his co-president David Reckziegel as well as Patrice Theroux, President, Filmed Entertainment, E1 Entertainment. Eric Reid, Chief Operating Officer, and Tom Rosenberg, Chairman and CEO, negotiated for Lakeshore Entertainment.
About E1 Entertainment
E1 Entertainment (AIM: ETO) is a leading independent entertainment content owner that acquires film, television and music rights and exploits these rights in all media in more than 190 countries. The company currently operates in Canada, the U.S., the UK, Holland and Belgium through its four primary businesses units: E1 Television, E1 Films, E1 Music and E1 Distribution. These businesses collectively represent E1's extensive expertise in film distribution, television and music production/distribution, Kids content, Licensing and Distribution. E1's content library includes more than 3,700 feature films, 2,700 hours of original television programming and 15,000 music tracks.
About Lakeshore Entertainment
Lakeshore Entertainment is one of the leading independent production, finance and international sales and distribution companies. Founded in 1994 by Chairman and CEO Tom Rosenberg, Lakeshore has produced more than 60 films including the Academy Award® winning MILLION DOLLAR BABY as well as RUNAWAY BRIDE, THE MOTHMAN PROPHECIES, the UNDERWORLD franchise, EXORCISM OF EMILY ROSE, CRANK, THE GIFT, AUTUMN IN NEW YORK and ARLINGTON ROAD. Most recently, Lakeshore produced THE UGLY TRUTH starring Katherine Heigel and Gerard Butler, HENRY POOLE IS HERE, starring Luke Wilson, GAMER, starring Gerard Butler, and ELEGY, starring Penelope Cruz and Ben Kingsley.
Lakeshore's international division distributes Lakeshore's feature films as well as a television library of over 500 titles including the Hearst Entertainment library. Lakeshore's cult classics include the HELLRAISER franchise, CHILDREN OF THE CORN, and HEATHERS.
For more information, please contact:
Tom Sargent
Edelman for E1Entertainment
thomas.sargent@edelman.com
416.979.1120 ext. 250
Holly Cybulski
E1 Entertainment Canada
hcybulski@e1ent.com
416.979.1933