MUMBAI: Following on the heels of Lionsgate‘s recent acquisition of Summit Entertainment, Lionsgate and Nordisk Film have concluded a new multi-year output agreement in which feature films from both Lionsgate and Summit will be distributed by Nordisk in Scandinavia.
The agreement extends Nordisk‘s existing output arrangement with Summit to encompass the entire Lionsgate family of feature films and was announced at on-going the Cannes Film Festival by Lionsgate Motion Picture Group Co-Chairs Patrick Wachsberger and Nordisk Film GM of independent Films Rob Friedman and Peter Philipsen.
Wachsberger and Friedman said, "We are proud to extend Summit‘s longstanding relationship with the team at Nordisk Film to include both the Lionsgate and Summit brands in Scandinavia, a natural evolution of our historic partnership that promises significant benefits for both partners. The recent merger of Lionsgate and Summit allows us to bring a dramatically expanded portfolio of product to our distribution partners around the world and enables us to achieve significant economies of scale and an even higher level of consistency and predictability in our global business."
Philipsen said, "We‘re delighted to extend and expand our productive relationship with Patrick, Rob and the entire Lionsgate team. The new agreement provides us with a stable and assured pipeline of some of the most commercially exciting films in the world from a studio that is emerging as a major force in the global marketplace. Our history with Summit has been very rewarding, and we look forward to an exciting future in partnership with the entire Lionsgate family."
The upcoming Lionsgate Summit combined slate includes ‘Catching Fire‘, the next installment in ‘The Hunger Games‘ franchise and Sam Raimi‘s ‘The Possession‘.