ProSiebenSat.1 Group extends Studiocanal contract
Exclusive free TV rights to cinema productions from the US film studio Lionsgate are among the benefits of a contract extension between TV operator ProSiebenSat.1 and leading film studio Studiocanal.
The new agreement secures the company for the production period between 2015 and 2017, and rights apply to the Group's free TV stations in Germany, Austria and Switzerland. The agreement also includes second pay-TV and video-on-demand (VOD) licences.
ProSiebenSat.1 has long-term contracts with almost all major Hollywood studios as well as other production and film companies. In addition to Studiocanal Germany, its partners include CBS, Warner Brothers, Paramount, Sony Pictures International, Twentieth Century Fox, Constantin Film and Tobis Film among others.
Commenting on the latest move, Rüdiger Böss, executive vice president, group programming acquisitions, ProSiebenSat.1 Media AG, said: "By extending the agreement, we will continue to offer our viewers movies from the US's best independent studio. In order to ensure that our stations remain attractive and successful, it is very important to have long-standing collaborations that tie us to successful partners like Studiocanal and Lionsgate."
Also included in the deal is filming of the first part of the Chaos Walking trilogy and the adaptation of the best-selling novel The Glass Castlen starring Academy Award-winner Jennifer Lawrence. ProSiebenSat.1 has been collaborating successfully with Studiocanal Germany for a number of years and has secured licensing rights to movies such as The Hunger Games. The CEO of the German studio, Rodolphe Buet, added: "For a long time, we have shared ProSiebenSat.1's passion for movies and the desire to share this passion with cinema-goers and viewers. We worked together here in Germany to make The Hunger Games one of the strongest franchises ever and we are now expanding our collaboration with Lionsgate hits such as Mortdecai and Power Rangers. We couldn't wish for a better partner."