Expands European Distribution Footprint As Company Extends Output Agreements
Burbank, California (July 6, 2017) – STXinternational continues to expand its worldwide network of international distribution partners as the company closes a multi-year output deal with Lucky Red to distribute the STX film slate in Italy, it was jointly announced today by David Kosse and John Friedberg of STXinternational and Andrea Occhipinti and Stefano Massenzi of Lucky Red.
In addition, STXinternational also announced that it has reached agreements to extend many of its major European deals, among them Tobis Film in German-speaking Europe and SF Studios in Scandinavia.
STXinternational currently has 33 international distribution partnerships that cover more than 150 countries globally and generate more than $1 billion per year in combined box office.
Other major international partners include Huayi Brothers in China, Roadshow Films (Australia and New Zealand), Sun Distribution (Latin America and Spain), The Searchers (Benelux), Gulf Film (Middle East), Vertical Entertainment (Eastern Europe), Times Media Films (South Africa), Aqua Pinema (Turkey), Odeon (Greece), Cinemundo (Portugal), Forum Film (Israel), ACME (Baltics), Intercontinental (Hong Kong), PVR Pictures (India), Cinemaxx (Indonesia), Golden Screen (Malaysia), Viva (Philippines), Golden Village (Singapore), Catchplay (Taiwan), Sahamongkolfilm (Thailand), Noori (Vietnam), Entertainment in Motion (Worldwide Airlines) and Caribbean Cinemas (West Indies).
STXinternational distributes directly in the United Kingdom.
The Lucky Red deal commences with Ridley Scott’s “All The Money” in the World starring Michelle Williams, Kevin Spacey and Mark Wahlberg.
“Italy is one of the true creative centers of Europe and it is critically important to STX to have a strong distribution partner in such an important European territory. Andrea, Stefano, Mattia and the entire Lucky Red team are truly among the best in the business. We are thrilled to have them aboard the STX team as we expand our international footprint,” said Kosse.
“I have known all of these talented executives at Lucky Red for a very long time,” added Friedberg. “They are enormously passionate about film and we are excited to welcome them to the STXinternational family. We are also very proud to be continuing our partnerships in Europe with Tobis Film and SF Studios.”
“It’s incredibly important for us to close this strategic deal with STX, a company that has the capability to source the quality of films that we need today for our very selective audience, and that guarantees direct distribution in both the US and the UK,” said Occhipinti. “We are proud to be working with David and John and look forward to a successful partnership and great movies.”
STXinternational is a division of STX Entertainment, a global next-generation media company whose mission is to unlock the value of the direct connection stars have with their fans through the development, financing, production, marketing and distribution of film, television, VR, digital video, music and live entertainment content. It is the industry leader in transforming beyond traditional platform-driven content to creating talent-driven enterprises.
The company is led by accomplished businessman Robert Simonds and was co-founded by Bill McGlashan, managing partner of the leading global private investment firm TPG. Other investors include Hony Capital, a leading private equity firm in China; PCCW, Southeast Asia’s largest Internet and cable services provider; Tencent Holdings, China’s leading provider of online products and services; Dominic Ng, Chairman of East West Bank; DNS Capital (representing the business interests of Gigi Pritzker and her immediate family); and Beau Wrigley, former Chairman and CEO of the Wm. Wrigley Jr. Company, among others. With these strategic relationships, the company is uniquely positioned to maximize the impact of content worldwide, with direct passage into the China market.