Michelle Clancy | 23-09-2013
Lionsgate and OddLot Entertainment have formed a multi-year, multi-picture co-financing and distribution deal, beginning with OddLot's co-financing of the action comedy Mortdecai starring Johnny Depp.
The arrangement provides a framework for Lionsgate and OddLot to co-produce and co-finance additional pictures that may be sourced by either party, and it provides OddLot with access to committed distribution on certain pictures.
Mortdecai, which is set to begin production this fall, features Depp, Gwyneth Paltrow, Ewan McGregor, Paul Bettany and Olivia Munn.
OddLot is also already partnered with Lionsgate on the sports drama/comedy Draft Day, starring Kevin Costner, Jennifer Garner, Denis Leary and Frank Langella, slated for release next year. OddLot also produced and spearheaded the partnership with Lionsgate and Digital Domain on the science fiction adventure Ender's Game, starring Harrison Ford, Asa Butterfield, Haile Seinfeld, Viola Davis and Ben Kingsley, which will be released 1 November.
"We're delighted to extend and expand our longstanding relationship with OddLot founder Gigi Pritzker and her team," said Lionsgate Motion Picture Group co-chairs Rob Friedman and Patrick Wachsberger. "Our partnership on Ender's Game and Draft Day has now been extended to include Mortdecai, and we look forward to finding many more pictures to partner on in the future. OddLot is a reliable, accomplished, respected company and an important financial partner, and they will provide us with a valuable and consistent supply of future films for our portfolio."