Lionsgate has renewed its partnership with IDC for theatrical distribution of Lionsgate and Summit Entertainment films across Latin America.
Since the partnership’s formation with predecessor company Summit Entertainment in 2005, IDC has generated more than $1.3bn at the Latin American box office, propelled by the blockbuster Hunger Games, Twilight, Now You See Me, and John Wick franchises.
Drivers have included La La Land, last year’s breakout Wonder, The Impossible, and The Shack. IDC has also has success with acquisitions such as Sinister, Last Vegas, Winchester, and Non Stop.
IDC’s distribution relationships with leading independents across 23 Latin American countries enable it to release day-and-date with the US, and opportunistically on a territory-by-territory basis.
IDC’s upcoming release slate includes Robin Hood, the third instalment in the John Wick action franchise, Chaos Walking, The Kingkiller Chronicle, and acquisitions Life Itself and 47 Meters Down: The Next Chapter.
“Pedro Rodriguez and his IDC team have done a great job of mining the full potential of the Latin American box office,” said Lionsgate CEO Jon Feltheimer. “His relationships with distributors and exhibitors and his knowledge of the Latin American marketplace are second to none. IDC is an essential part of our global distribution infrastructure, and they continue to create enormous value for our company.”
“I’m thrilled to extend my longstanding partnership with Jon, Michael, Joe and the rest of the Lionsgate team,” said Rodriguez (pictured). “Lionsgate is a major content platform with a deep and consistent pipeline of films that have enormous appeal for Latin American moviegoers. As we continue to work together, we’re very excited about the opportunities that lie ahead.”