Entertainment One has entered a four-year output agreement with DreamWorks Studios to distribute the company’s films in all media across the UK and Belgium, Netherlands and Luxembourg.
The first release under the new partnership in 2013 will be the remake of Starbuck, starring Vince Vaughn, which begins principal photography in October 2012 for release in 2013.
DreamWorks’ President Jeff Small and eOne’s Patrice Theroux brokered the deal via David Garrett’s international licensing and distribution company Mister Smith Entertainment, who handle DreamWorks’ films in Europe, Africa and The Middle East.
DreamWorks’ domestic distributor The Walt Disney Company, will continue to handle North America rights, while Reliance continues to finance production of DreamWorks’ films and hold distribution rights in India.
eOne’s President of Filmed Entertainment Patrice Theroux said: “We’re delighted to collaborate with Steven Spielberg, Stacey Snider, Jeff Small and the innovative DreamWorks team in two of eOne’s core territories. It’s a momentous opportunity to be alongside such esteemed partners and broaden our international slate with top-quality commercial films for years to come. This significant deal aligns so very well with eOne’s distribution infrastructure around the globe. We’re thrilled that our multi-territory strategy continues to attract the best in the business.”
DreamWorks’ President Jeff Small said: “On behalf of Steven and Stacey, we are so excited to be in business with the amazing team at eOne. They are an industry leader in the UK and Benelux and we know our films will be handled with the utmost skill and creativity by the eOne marketing and distribution teams.”
Formed in 2009, DreamWorks Studios was originally a partnership between Steven Spielberg, Chairman of Universal Pictures Stacey Snider and The Reliance ADA Group.
One of India’s largest conglomerates, The Reliance ADA Group act as a production studio after investing in companies such as IM Global and Lava Bear Films, with which eOne also has partnerships.