Thursday, November 10, 2011

Alcon Entertainment Develops Film Output: Becomes Passive Bankers For Lionsgate

Santa Monica, CA, November 10, 2011 LIONSGATE and Alcon Entertainmenthave made the decision to co-finance the Lionsgate feature What You Should Expect When You're EXPECTING. The Two companies will probably be equally talking about the expansion and marketing costs round the film. The announcement is created with each other by Lionsgates Co-COO and Film Group Leader, Joe Drake, with Andrew Kosove and Broderick Manley, the Co-Founders and Co-CEOs of Alcon Entertainment. What You Should Expect When You're EXPECTING is scheduled for release on May 11, 2012. What You Should Expect When You're EXPECTING will probably be Alcons first investment outdoors of Warner Bros., where Alcon features a extended-standing distribution relationship. Alcons participation as passive bankers in the project signifies the Companys method to generate additional film output, and for that reason Manley and Kosove will not take producer credits Mentioned Drake in the partnership, This co-financing deal is wonderful for us because it lines up our interests there is a genuine talking about of risk capital including P&A on films that individuals both see great value to make. This deal offers a way of Lionsgate to pursue risk minimization while enabling Alcon to own bigger utilization of commercial content beyond the product they develop themselves. Broderick Manley and Andrew Kosove mentioned with each other, We are very excited being buying and selling in this particular terrific project. We've immense respect for your many business accomplishments Lionsgate has received within their history.

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