Vine Alternative Investments, the parent of production company Village Roadshow, has acquired the library and international sales operations of indie film producer and financier Lakeshore Entertainment, it said on Wednesday.
Lakeshore’s library includes roughly 300 films and TV series, including Clint Eastwood’s Oscar-winning “Million Dollar Baby,” the “Underworld” franchise, which has grossed more $530 million worldwide, as well as “Runaway Bride,” Lincoln Lawyer” and “The Ugly Truth.”
Terms of the deal were not disclosed.
Also Read: Ernest Hemingway Memoir 'A Moveable Feast' TV Adaptation in the Works From Village Roadshow
Vine plans to move the library under the Village Roadshow umbrella, giving it control over a library of films and IP for which Lakeshore had held on to the rights for worldwide distribution rights, copyrights, as well as remake and sequel rights for most of its productions.
Lakeshore’s management had been exploring opportunities for the strategic sale of its...
Lakeshore’s library includes roughly 300 films and TV series, including Clint Eastwood’s Oscar-winning “Million Dollar Baby,” the “Underworld” franchise, which has grossed more $530 million worldwide, as well as “Runaway Bride,” Lincoln Lawyer” and “The Ugly Truth.”
Terms of the deal were not disclosed.
Also Read: Ernest Hemingway Memoir 'A Moveable Feast' TV Adaptation in the Works From Village Roadshow
Vine plans to move the library under the Village Roadshow umbrella, giving it control over a library of films and IP for which Lakeshore had held on to the rights for worldwide distribution rights, copyrights, as well as remake and sequel rights for most of its productions.
Lakeshore’s management had been exploring opportunities for the strategic sale of its...
- 10/23/2019
- by Trey Williams
- The Wrap
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