The arrangement covers German-speaking territories on all features produced by Summit, which include upcoming release on such titles as The Twilight Saga: Breaking Dawn – Part 1 and 2 and The Beaver (pictured).
Summit’s Bob Hayward and Patrick Wachsberger negotiated the deal with Tele München Group’s (TMG) Herbert Kloiber and his longstanding North American representative, Eden Rock Media’s Thomas Augsberger.
The Summit slate includes Man On A Ledge starring Sam Worthington and Elizabeth Banks and The Cold Light Of Day starring Bruce Willis and Henry Cavill. TMG acquired Cannes competition entry The Tree Of Life over and above their output arrangement from Summit. Among the roster of previous releases are Red, Knowing and the earlier Twilight films.
“The Summit association has propelled our theatrical division Concorde Filmverleih to the number one spot among German independent theatrical distributors and clearly also delivered enormous home video and VOD revenues,” Herbert Kloiber, who founded TMG more than 40 years ago, said. “We are delighted that another three years of collaboration will strengthen our market position.”
“TMG offers unparalleled quality of distribution in all media,” Summit co-chairman Patrick Wachsberger. “They have proven to be a fantastic partner for Summit that appreciates the value of quality filmmaking, and we are grateful for the opportunity to continue our relationship with this distinguished group.”