Lionsgate (NYSE: LGF), a premier next generation global content leader, and Vimeo, home to the world’s leading video creators and hundreds of millions of monthly viewers, have formed a ground-breaking partnership in which Lionsgate has become the first major Hollywood studio and exclusive launch partner to license its content to Vimeo’s global television store, the two companies announced today.
Courtesy of Lionsgate. (PRNewsFoto/Lionsgate)
The service is one of the first to deliver high-end premium scripted U.S. content to consumers in over 150 countries around the world at the same time.
Lionsgate will supply Vimeo’s global store with virtually its entire catalog of television series led by the blockbuster Orange is the New Black, the Golden Globe-nominated dramedy Casual, the hit series The Royals, the iconic Emmy Award-winning drama Mad Men and other catalog titles including Weeds, Nurse Jackie, Boss, Blue Mountain State and Manhattan. Lionsgate movie titles will be added to the Vimeo service for rental in the U.S. subsequent to launch.
“We’re proud to launch Vimeo’s first ever transaction-based global television store with Lionsgate’s acclaimed television series,” said Barry Diller, Chairman and Senior Executive of Vimeo parent company IAC. “Their television slate includes nearly 80 series on 40 different networks, and they are a great partner with whom to kick off a service that will bring premium scripted shows from the U.S. to our hundreds of millions of viewers around the world. They are the first of many top Hollywood studios we expect to attract in the months to come.”
“Our collaboration with Barry Diller and Vimeo is the latest example of our commitment to partner with world-class platforms to serve online, next generation consumers,” said Lionsgate Chief Executive Officer Jon Feltheimer. “We’re proud to be the exclusive launch partner of platforms such as Vimeo that are transforming the face of entertainment and bringing our content to consumers around the world through an expanding array of touchpoints.”
The service will officially launch on October 18th at the MIPCOM 2016 Global Market in Cannes with kickoff ceremonies led by Lionsgate President of Worldwide Television & Digital Distribution Jim Packer and Vimeo’s Head of Global Content Acquisitions and Distribution Sam Toles.
Lionsgate has been one of the first studios to partner with Starbreeze, Steam, Google’s virtual reality Daydream initiative, Comcast’s Xfinity service and other leading digital platforms to deliver premium content to its consumers.
ABOUT LIONSGATE
Lionsgate is a premier next generation global content leader with a diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, international distribution and sales, branded channel platforms, interactive ventures and games, and location-based entertainment. The Company has nearly 80 television shows on 40 different networks spanning its primetime production, distribution and syndication businesses. These include the ground-breaking hit series Orange is the New Black, the fan favorite drama series Nashville, the syndication success The Wendy Williams Show, the hit drama The Royals, the Golden Globe-nominated dramedy Casual and the breakout success Greenleaf.
The Company’s feature film business spans eight labels and includes the blockbuster Hunger Games franchise, the Now You See Me and John Wick series, Nerve, CBS Films/Lionsgate’s Hell or High Water, Sicario, Roadside Attractions’ Love & Mercy and Mr. Holmes, Codeblack Films’ Addicted and breakout concert film Kevin Hart: Let Me Explain and Pantelion Films’ Instructions Not Included, the highest-grossing Spanish-language film ever released in the U.S.
Lionsgate’s home entertainment business is an industry leader in box office-to-DVD and box office-to-VOD revenue conversion rates. Lionsgate handles a prestigious and prolific library of approximately 16,000 motion picture and television titles that is an important source of recurring revenue and serves as a foundation for the growth of the Company’s core businesses. The Lionsgate and Summit brands remain synonymous with original, daring, quality entertainment in markets around the world. www.lionsgate.com