Might, in association with Lionsgate and Preferred Ventures, to release new Kino Lorber films in multi-year deal
US independent distribution outfit Kino Lorber is teaming with Might Entertainment and Preferred Ventures in a deal that will see Kino’s new and library titles released on cable VOD, IPTV, Satellite and broadband outlets including iTunes, Xbox and Playstation.
Preferred Ventures, the digital investment fund set up by Kevin Iwashina and Ross Dinerstein’s Preferred Content, Freecreditreport.com founder Ed Ojdana and former Facebook Chief Privacy Officer Chris Kelly, funded the acquisition of the distribution rights.
Six new films are scheduled for release in the coming months, including Romanian drama Tuesday, After Christmas, French thriller Rapt and crime-drama The Robber.
Preferred Ventures will provide strategy and capital for on-line and off-line marking and PR. The deal follows the partnership between Kino Lorber and content acquisitions company Might Entertainment on the releases of Winnebago Man and Mademoiselle Chambon.
Richard Lorber, CEO of Kino Lorber, said: “With the digital landscape rapidly changing, we are confident that this resourceful new venture will increase our penetration in areas of high value areas such as Cable VOD, while expanding our digital reach to new channels and through new strategies.”
Kino Lorber already has deals in place with vendors NetFlicks, Amazon, VUDU, YouTube and Hulu