TORONTO, Sept. 8 /CNW/ – The Weinstein Company and Alliance Atlantis Motion Picture Distribution LP today announced that they have extended their multi-year exclusive distribution agreement through to December 31, 2010.
The deal was previously anticipated to terminate December 31, 2009. Under the extension, Motion Picture Distribution LP continues to acquire all distribution rights throughout Canada to all upcoming motion pictures released by The Weinstein Company and Dimension Films. Financial terms were not disclosed.
The announcement was made today on behalf of The Weinstein Company by Bob and Harvey Weinstein and on behalf of Motion Picture Distribution LP by John
Bailey, CEO. Bob and Harvey Weinstein said in a statement:
"Alliance Atlantis continues to be the best distributor for our product in Canada. We are extremely impressed by the team which consistently delivers exceptional
results, and outperforms its natural market share. There is no other partner in Canada that can handle our films as effectively."
John Bailey, CEO of Motion Picture Distribution LP said "It is gratifying for MPD to extend on our long-standing relationship with the exceptionally
talented Weinstein Company. Both Bob and Harvey’s impressive track record, which began at Miramax and Dimension Films, has seamlessly continued at The
Weinstein Company by delivering top quality films and commercial successes."
Larry Madden, Chief Financial Officer negotiated the agreement on behalf of The Weinstein Company. Jim Sherry, Executive Managing Director negotiated on behalf of Motion Picture Distribution LP.