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iW NEWS | Lionsgate Announces Roadside Deal

iW NEWS | Lionsgate Announces Roadside Deal

Lionsgate has announced a passive, minority stake in Roadside Attractions, giving the mini-major rights to Roadside’s releases in home entertainment and all ancillary markets. The news comes in the wake of a recent move by Roadside to leave its participation in IDP, which handles titles from Samuel Goldwyn Films. “Lionsgate’s investment is a fantastic opportunity for Roadside Attractions and provides us with the resources to get to the next level,” said company co-presidents Howard Cohen and Eric d’Arbeloff, in a statement. “They started in our
business, so of course they get it, Lionsgate’s investment will allow Roadside to both continue hitting our “singles and doubles” such as our releases of ‘Sarah Silverman: Jesus Is Magic‘ and ‘Boynton Beach Club‘ as well as to hit more homeruns like ‘Amazing Grace.'” They intend to release 12 – 14 films per year. [Eugene Hernandez]

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