Showtime Networks and The Weinstein Company Sign Exclusive Long-Term Output Deal
Seven-Year Deal for Up to 95 Films Includes 'Nine' and 'Inglorious Bastards'
NEW YORK, July 14 /PRNewswire/ -- In a move that enhances its slate of
theatrical motion pictures, Showtime Networks Inc. has entered into an
exclusive seven-year film distribution arrangement with The Weinstein Company
(TWC). The joint announcement was made today by Matthew C. Blank, Chairman and
CEO of Showtime Networks and Bob and Harvey Weinstein, Co-Chairmen of TWC.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060131/SHOWTIMELOGO )
The new output deal is effective with TWC's 2009 release schedule and
includes such highly anticipated films as "Nine," directed by Rob Marshall
("Chicago") and featuring an all-star cast including Daniel Day-Lewis, Nicole
Kidman, Marion Cotillard, Penelope Cruz, Judi Dench and Sophia Loren, and
Quentin Tarantino's "Inglorious Bastards."
"This exclusive agreement with The Weinstein Company will deliver our
subscribers an enormous and diverse slate of films at a price to SHOWTIME that
is consistent with today's marketplace," said Blank. "Bob's and Harvey's
films are known for quality and promotability, making them a perfect fit with
the acclaimed and award-winning original series that have generated strong
momentum and subscriber growth for SHOWTIME. We will continue to pursue such
value-enhancing deals in the future."
The agreement with TWC -- combined with upcoming deals from other
theatrical distributors and future product from CBS Films -- will form a
potent feature film portfolio alongside SHOWTIME's award-winning, critically
acclaimed original series and sports programming. These series include
Dexter, Californication, The Tudors, Weeds, Brotherhood, The L Word, Tracey
Ullman's State of the Union, Penn & Teller: Bullsh*t, Secret Diary of a Call
Girl, and the just announced series, United States of Tara, from Executive
Producer Steven Spielberg, written by Academy Award(R) winning screenwriter
("Juno") Diablo Cody and starring Toni Collett. SHOWTIME is also the new home
of "Inside The NFL," with hosts James Brown, Cris Collinsworth and Phil Simms
which premieres September 10 as well as Showtime Championship Boxing and Elite
XC, Showtime Networks' entry into the fast-growing sport of mixed martial arts
that will be airing its second national broadcast on July 26, with SHOWTIME
airing the first hour, from 8-9 before going live on the CBS Television
Network at 9.
"This long-term strategic partnership is a tremendous initiative for our
company and provides our films with a critically important pay-tv home for the
next seven years," said Harvey Weinstein. "SHOWTIME is one of the hottest
brands in television and we have tremendous respect for Matt Blank and his
team's passion, dedication and creativity. In this changing media environment,
we are thrilled to have now secured distribution for our films across a
variety of media, and we look forward to continuing to build our diverse slate
and creating movies that will entertain SHOWTIME's audience," he added.
Additional titles included from TWC are: Andrew Jarecki's "All Good
Things" starring Ryan Gosling and Kirsten Dunst, a modern remake of Kurosawa's
legendary "Seventh Samurai," the screen adaptation of author Paulo Coelho's
best-selling novel "The Alchemist," and Richard Shepard's "Panic" based on
Jeff Abbott's best-selling book.
The output deal also includes releases from Dimension Films such as
"Youth In Revolt," based on C.D. Payne's bestselling book and starring Michael
Cera, "6 Billion Dollar Man," the remake of David Cronenberg's "Scanners,"
re-starting the "Scream" franchise with "Scream 4," and "Piranha 3D."
This deal furthers the relationship between Showtime Networks and TWC's
Dimension Films which began in 1997 with SHOWTIME airing "Mimic," and "Scream
2."
"Dimension Films has enjoyed an outstanding relationship with Showtime and
we are glad to be re-united with Matt Blank," added Bob Weinstein. "We are
excited to build upon our past success with this new partnership and our
upcoming slate."
ABOUT SHOWTIME NETWORKS
Showtime Networks Inc. (SNI), a wholly-owned subsidiary of CBS
Corporation, owns and operates the premium television networks SHOWTIME(R),
THE MOVIE CHANNEL(R) and FLIX(R), as well as the multiplex channels SHOWTIME
2, SHOWTIME(R) SHOWCASE, SHOWTIME EXTREME(R), SHOWTIME BEYOND(R), SHOWTIME
NEXT(R), SHOWTIME WOMEN(R), SHOWTIME FAMILY ZONE(R) and THE MOVIE CHANNEL(R)
XTRA. SNI also offers SHOWTIME HD(R), THE MOVIE CHANNEL(R) HD, SHOWTIME ON
DEMAND(R) and THE MOVIE CHANNEL(R) ON DEMAND. SNI also manages Smithsonian
Networks, a joint venture between SNI and the Smithsonian Institution. All SNI
feeds provide enhanced sound using Dolby Digital 5.1. SNI markets and
distributes sports and entertainment events for exhibition to subscribers on a
pay-per-view basis through SHOWTIME PPV(R).
ABOUT THE WEINSTEIN COMPANY
The Weinstein Company (TWC) was created by Bob and Harvey Weinstein, the
brothers who founded Miramax Films Corporation in 1979. TWC is a multi-media
company that officially launched on October 1, 2005. Dimension Films, the
genre label that was founded in 1993 by Bob Weinstein, is also included under
the TWC banner. During the Weinsteins' tenure at Miramax Films the company
released some of the most critically acclaimed and commercially successful
independent feature films which received 249 Academy Award(R) nominations and
won 60 Oscars(R), have generated billions of dollars in worldwide box office
receipts and billions more in home video sales. In its history, Dimension
Films has released some of the most successful franchises including "Scream,"
"Spy Kids" and "Scary Movie."
SOURCE Showtime Networks Inc.
Stuart Zakim, Showtime Networks, +1-212-708-1590, Stuart.zakim@showtime.net,
or Emily Feingold, The Weinstein Company, +1-646-862-3824,
Emily.Feingold@weinsteinco.com
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