Lionsgate Stakes Claim in Roadside Attractions.Studio Acquires Minority Position in Independent Theatrical Distribution CompanySANTA MONICA MONICA Cardiology A WHO initiative–Multinational Monitoring of Trends & Determinants of Cardiovascular Disease–which evaluated the effects of various factors on mortality in Pts MIs , Calif., July 26 /PRNewswire-FirstCall/ -- Lionsgate , the leading independent filmed entertainment studio, announced today that it has closed a deal to purchase a minority ownership stake in the independent theatrical distribution company Roadside Attractions LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The announcement was made jointly by Lionsgate's President of Theatrical Films Tom Ortenberg and by Howard Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. and Eric d'Arbeloff, Co-Presidents of Roadside Attractions. (Photo: http://www.newscom.com/cgi-bin/prnh/20070726/LATH126-a) (Photo: http://www.newscom.com/cgi-bin/prnh/20070726/LATH126-b) "With Lionsgate's investment in Roadside Attractions, we are celebrating Lionsgate's origins as a platform for distinctive and truly independent films," said Ortenberg. "The Roadside team has consistently shown taste and savvy in distributing pictures like AMAZING GRACE "Amazing Grace" is a well-known Christian hymn. The words were written late in 1772 by Englishman John Newton. They first appeared in print in Newton's Olney Hymns, 1779 that he worked on with William Cowper. , LADIES IN LAVENDER and SUPER SIZE ME." "Lionsgate's investment is a fantastic opportunity for Roadside Attractions and provides us with the resources to get to the next level," said Cohen and d'Arbeloff in a joint statement. "They started in our business, so of course they get it. Lionsgate's investment will allow Roadside to both continue hitting our "singles and doubles" such as our releases of SARAH SILVERMAN Sarah Kate Silverman (born December 1, 1970) is an American comedian, writer and actress. Although usually credited as Sarah Silverman, she is sometimes credited by her nickname Big S or Sarah 'Big S' Silverman. : JESUS IS MAGIC and BOYNTON BEACH Boynton Beach, city (1990 pop. 46,194), Palm Beach co., SE Fla., on the Atlantic coast; inc. 1920. A major suburban area, it is also a beach resort and vegetable-shipping point. CLUB, as well as to hit more home runs like AMAZING GRACE." Having exited the IDP partnership earlier this year, Roadside has been ramping up its own in-house theatrical distribution, marketing and publicity staff to release its films. Lionsgate's investment is passive and Roadside will remain an autonomous entity, theatrically releasing 12 to 14 films a year. Roadside theatrical releases will be distributed through Lionsgate in home entertainment and all ancillary markets. The deal was negotiated for Lionsgate by Wayne Levin, Executive Vice President, Corporate Operations, Marni Wieshofer, Executive Vice President of Corporate Development, Mark Holloway, Director of Corporate Development, Ortenberg and the law firm O'Melveny and Myers; and by attorney Greg S. Bernstein, Cohen and d'Arbeloff, on behalf of Roadside Attractions. ABOUT ROADSIDE ATTRACTIONS Roadside Attractions, started in 2003, is an independent film distribution company committed to championing films that entertain, delight, and enlighten audiences of all kinds. The company works with filmmakers to devise innovative marketing strategies that encourage audiences to see films that are not typical studio fare. Upcoming releases include: STARTING OUT IN THE EVENING Starting Out in the Evening is the big screen adaptation of the novel by Brian Morton, which follows a writer whose world is shaken when an ambitious graduate student convinces him that she can use her thesis to bring him back into the lit world spotlight. , starring this year's Tony(R) winner Frank Langella; TRADE, a thriller about sex trafficking starring Kevin Kline; CHICAGO 10, Bret Morgen's part-documentary, part-animated retelling of the 1968 Chicago riots and trial; the Zen Buddhism documentary HOW TO COOK YOUR LIFE; RIGHT AT YOUR DOOR, an apocalyptic thriller about terrorists bringing the war home to a major American city; and Cannes Director's Fortnight hit CARAMEL. Previous theatrical releases include: the Academy Award(R)-nominated SUPER SIZE ME; Independent Spirit Award winner THE ROAD TO GUANTANAMO; and such specialized box office hits as LADIES IN LAVENDER and WHAT THE BLEEP DO WE KNOW?. Roadside just had its biggest theatrical success to date with Michael Apted's AMAZING GRACE, which grossed $21 million domestically. Roadside Co-President Howard Cohen previously headed independent film at UTA uta see leishmaniasis. for seven years and before that headed up acquisitions for The Samuel Goldwyn Company. Co-President Eric d'Arbeloff was an independent producer of such films as LOVELY AND AMAZING (distributed by Lionsgate) and TRICK. ABOUT LIONSGATE Lionsgate is the leading independent filmed entertainment studio, winning the 2006 Best Picture Academy Award (R) for CRASH, and the Company is a premier producer and distributor of motion pictures, home entertainment, family entertainment, television programming and video-on-demand content. Its prestigious and prolific library of more than 11,000 motion picture titles and television episodes is a valuable source of recurring revenue and a foundation for the growth of the Company's core businesses. The Lionsgate brand is synonymous with original, daring, quality entertainment in markets around the globe.
http://www.lionsgate.com/
For further information, contact:
For Lionsgate:
Sarah Greenberg
310-255-3856
sgreenberg@lionsgate.com
For corporate inquiries, please contact:
Peter D. Wilkes
310-255-3726
pwilkes@lionsgate.com
Kelli Easterling
310-255-4929
keasterling@lionsgate.com
The matters discussed in this press release include forward-looking statements. Such statements are subject to a number of risks and uncertainties. Actual results in the future could differ materially and adversely from those described in the forward-looking statements as a result of various important factors, including risk factors as set forth in Lionsgate's 10-K filed with the Securities and Exchange Commission on May 30, 2007. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or circumstances. CONTACT: Sarah Sarah or Sarai: see Sara. Sarah (flourished early 2nd millennium BC) In the Hebrew scriptures, the wife of Abraham and mother of Isaac. She was childless until age 90. Greenberg, +1-310-255-3856, sgreenberg@lionsgate.com, or corporate inquiries, Peter D. Wilkes, +1-310-255-3726, pwilkes@lionsgate.com, or Kelli Easterling, +1-310-255-4929, keasterling@lionsgate.com, all of Lionsgate Web site: http://www.lionsgate.com/ |
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