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Lionsgate Reportedly Not Renewing Deal With Tyler Perry (Say What?)

Lionsgate Reportedly Not Renewing Deal With Tyler Perry (Say What?)

According to
Deadline (HERE), Lionsgate has decided not to renew their exclusive first look deal
with Tyler Perry, a decision which is being called “mutual” between Perry and
Lionsgate. And in response, Perry has shut down his Los Angeles production offices
and will now “consolidate his operations at his Atlanta-based Tyler Perry Studio.

However, this doesn’t
mean the end of Perry’s relationship with the studio. He already has several
projects in the pipeline, as he always does, such as Single
Moms Club
, which comes out next month, and, according to Deadline, supposedly even
more Madea films are in the works. (OH GOD NO!)

And, needless
to say, there’s still Perry’s huge deal
with Oprah Winfrey’s OWN Network, so
it’s not like he’s going away soon.

The decision
to end the deal was “based on a variety of matters such as international distribution and
marketing,
” and perhaps another reason could be that Lionsgate, after the massive worldwide success of
the Twilight movies and now with The Hunger Games, wants to expand to become a real major
studio powerhouse to be considered the equal of Warner Bros or Fox, and making Perry movies
doesn’t really fit into their future plans.

And though his
films, no doubt, still make money, they don’t make the kind of money that they
used to a few years ago, and perhaps Lionsgate saw nothing but diminishing returns
with their association with Perry.

Although, keep
in mind that nowhere does Lionsgate say that it’s won’t stop distributing
his films. Just that, from now on, he’s free to take his projects somewhere else
first, and that Lionsgate has no obligation to help make them or release them.

And besides, as I’ve been saying for a while, Perry should finally move on and start distributing
his own films himself, and not be so beholden to Lionsgate to distribute his
works.

So do you
think this is good news, bad news, or good riddance?

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