Lionsgate Sells 100+ Titles to Rainbow Media

SANTA MONICA/VANCOUVER: A package of 139 library titles from Lionsgate have been licensed to Rainbow Media for broadcast on its IFC, Sundance, AMC and WE tv networks.

Among the titles included in the deal are Precious, Crash, Monster’s Ball and Away From Her, along with the Saw, Punisher, Ghost House and Horror Fest action and horror franchises. Also included are documentaries such as The Cove, Religulous and Crosby Stills Nash & Young’s concert Deja Vu. The films have been sold to Rainbow for airing in the second, third and deep catalogue windows.

"This deal underscores the growing appetite for content worldwide and our continued commitment to monetize our enormous filmed entertainment library and extend the revenue afterlife of our theatrical films," said Kevin Beggs, the president of Lionsgate’s Television Group. "The size and scope of this 139-title package illustrate the breadth and depth of our library, from some of the world’s most commercially successful genre titles to many of the most critically acclaimed prestige films of recent years. The fast-growing branded networks of the Rainbow family are the ideal cutting edge destination for these films, and the package’s diversity reflects both the depth of our library and the breadth of the Rainbow family of channels."

"We are thrilled to acquire this package of films from Lionsgate, because it is rare to find so many exciting, successful, quality films in a single place," added Joshua Sapan, the president and CEO at Rainbow. "It is a testament to Lionsgate’s prolific and prestigious library that they assembled so many groundbreaking films under one roof. This deal is another important step forward in our continuing commitment to bring our viewers some of the most original, provocative and acclaimed films in the world today."