The deal gives Harvey and Bob Weinstein a home entertainment and digital distribution berth and includes a multi-year North American home entertainment and digital pipeline through Starz Media subsidiary Anchor Bay.
The Anchor Bay deal covers up to 20 films a year from The Weinstein Company and Dimension Films and includes awards contenders The King’s Speech (pictured) and Blue Valentine, as well as upcoming releases in the Scream, Scary Movie and Spy Kids franchises. Blu-ray, DVD, electronic sell-through (EST), VOD and PPV are covered but not television rights.
“The distribution agreement leverages the scale of the strong Anchor Bay home entertainment business and the Starz Digital Media distribution platform,” Starz president and CEO Chris Albrecht said. “The Weinstein Company new release content is a quality addition to our distribution pipeline of new releases from Anchor Bay Films and Starz Originals.”
“We hope this strategic partnership is a first step in not only making Anchor Bay a home for our product, but in potentially housing other companies’ product as well, giving quality independent films the kind of care needed in today’s marketplace,” TWC co-chairmen Bob and Harvey Weinstein said.
“This is an opportunity that excited us, especially given the strong management team and infrastructure at Starz,” TWC COO David Glasser added. “It’s a smart, forward-looking partnership that will benefit from the superb skills of Chris Albrecht and everyone at Starz and Anchor Bay.”
Anchor Bay Entertainment persident Bill Clark said the Weinsteins’ “superb” home entertainment track record would play an integral role in his company’s expansion.
The parties did not disclose financial terms of the strategic partnership.