FOX to distribute DreamWorks globally
Michelle Clancy | 09-10-2012
20th Century Fox has signed a distribution deal DreamWorks Animation to begin in November 2012, giving it worldwide distribution rights for the studio across platforms. FOX will receive 8% of gross revenue per title for handling theatrical, physical and international television distribution, and 6% for licencing digital rights—the latter is a step down from the 8% it was paying Paramount, its previous global distributor.
FOX will not however handle domestic television distribution. DreamWorks has signed a deal with Netflix to debut new movies within the cable VOD window beginning in 2013, with library content to follow—and the studio has decided to keep other domestic cable, IPTV and satellite distribution in-house.
DreamWorks said that it will up its output, releasing three films per year between 2013 and 2016.