Toronto-based AllianceAtlantis and has renewed its long-standing sub-distribution pact with MiramaxFilms. The all-rights, all-media deal encompasses all Miramax and Dimensionproduct through December 2006.
Since AAC's precursorAlliance Communications first signed the deal in 1994, the arrangement hasproven lucrative to the Canadian company, which enjoys an overwhelmingmarketshare amongst indigenous distributors and more than holds its own againstthe US majors. Earlier this year, AAC's monthly share of the Canadian boxoffice was 33.5%, driven in large part by the success of Miramax'smusical Chicago.
Major Miramax releasesupcoming in 2003 include Quentin Tarantino's Kill Bill, starring Uma Thurman, the Jennifer Lopez-BenAffleck vehicle Jersey Girl, directedby Kevin Smith, Anthony Minghella's Cold Mountain, starring Nicole Kidman and Renee Zellweger andDanny Devito's Duplex,starring Ben Stiller and Drew Barrymore .
Thus far AAC has distributedover 225 Miramax films in Canada, including Academy Award winners TheEnglish Patient, Shakespeare In Love, Good Will Hunting and Life Is Beautiful and numerous hits including Bridget Jones'sDiary and the Scream, Spy Kids and Scary Moviefranchises, the last two of which will deliver their third installments thisyear: Spy Kids 3-D: Game Over andScary Movie 3.
In a statement, BobWeinstein, Co-Chairman of Miramax Films said "I'm glad to have renewed ourlong-standing agreement with Alliance Atlantis. Canadian filmgoers are of greatimportance to us and, year after year, Alliance Atlantis has done a great jobin servicing them."
Victor Loewy, CEO ofAlliance Atlantis Motion Picture Distribution, negotiated the deal with RickSands, COO, Ross Landsbaum, CFO, and Irwin Reiter, EVP finance, of MiramaxFilms.