Amcomri & Bohemia Buy Screen Media U.K. & Ireland Assets

Amcomri Entertainment and Bohemia Media have acquired several Screen Media library assets for the U.K. and Ireland through a joint venture called Positivor.

Following the acquisition, the assets comprising the library will be distributed by Amcomri’s subsidiary 101 Films in those territories.

Bohemia Media is funding the purchase price with a loan from Head Gear Films, a financier of independent film and television. In connection with the loan, Bohemia Media has granted the lender security over the several Screen Media library assets that it acquired.

“These acquisitions are in keeping with our high-margin business model and build on our proven success in content acquisition,” said Robert Price, CEO of Amcomri. “Having previously licensed the U.K. and Ireland distribution rights for this library, we already know how marketable these assets are. By acquiring the library assets, we increase our share of revenue and extend our distribution rights for the long-term.”

Andy Lyon, CEO of 101 Films, added, “We are pleased to have secured long-term distribution rights for the U.K. and Ireland for these assets which include titles starring many of Hollywood’s and prime time’s finest celebrities, from Charlize Theron, Daniel Craig and Jason Momoa to Kelsey Grammer, Leonardo DiCaprio and Courtney Cox.”

Phil Hunt, founder of Bohemia Media and Head Gear Films, commented, “The forming of this strategic alliance to purchase the Screen Media library assets for the U.K. and Ireland, further strengthens the mutually beneficial relationship we have enjoyed with Amcomri over the past three years.”