A+E Networks(TM), an award-winning global media content company, and Lionsgate (NYSE: LGF), a leading global entertainment company, have forged a partnership under which Lionsgate will handle home entertainment distribution of programming from A&E(R) Network, HISTORY(R) and Lifetime(R), the two companies announced today.
The partnership encompasses hit programs from A+E Networks' diverse content catalogue including Storage Wars, Shipping Wars and Duck Dynasty from A&E, HISTORY's Pawn Stars, American Pickers and America The Story of US, and Lifetime's Dance Moms and the library of Lifetime Original Movies. A+E Networks' Home Entertainment catalogue features thousands of hours of acclaimed programming such as the hit A&E mini-series, Pride & Prejudice; acquired classic TV series including Monty Python's Flying Circus, Farscape, Kids in the Hall, and Homicide: Life on the Street; and programming from A+E Networks' exclusive home entertainment distribution partnership with Major League Baseball, including the annual World Series Championship Film and World Series Collector's Edition, featuring complete games from the World Series.
"The breadth and depth of A+E Networks content, including our hit shows, specials, and mini-series have propelled our home entertainment business over the past 21 years. From our award-winning packaging to our unique product configurations, A+E Networks has built a dynamic home entertainment label," said Steve Ronson, Executive Vice President, Enterprises, A+E Networks. "Lionsgate's home entertainment leadership and track record for excellence in this space makes them an ideal partner for our brands. We look forward to working together on this new partnership."
"We're delighted to partner with A+E Networks as part of the continuing growth and diversification of our home entertainment business," said Lionsgate Co-Chief Operating Officer and Motion Picture Group President Steve Beeks. "A+E Networks is the kind of entrepreneurial, dynamic and fast-growing company with whom we like to be in business. The growth trajectory of their channels is one of the biggest success stories in our industry today, and we expect them to be a rich, varied and exciting source of highly branded product for our home entertainment consumers for years to come."
With three of the most powerful brands in the media landscape - A&E, HISTORY and Lifetime - A+E Networks is the #2 ad supported cable network group in the delivery of adults. A+E Networks' Q2 2012 was the most watched second quarter ever among all demos; the company has experienced year-over-year viewership growth in 10 consecutive quarters.
Lionsgate continues to grow and diversify the home entertainment distribution of its own and third-party product, acquiring Summit Entertainment in January 2012 and recently pacting to distribute the Miramax library in North America. The Company also recently extended its longterm distribution agreement for StudioCanal's library in North America. Lionsgate is an industry leader in DVD-to-box office and VOD-to-box office conversion rates. It will launch the global blockbuster The Hunger Games on DVD and digital platforms August 18.