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Exclusive: We hear that STX and Lionsgate are down the street on a new strategic offer that will see the latter distributing and internet marketing the former’s forthcoming theatrical releases.
STX’s upcoming slate consists of these types of titles as Dude Ritchie’s Operation Fortune: Ruse de Guerre Michael Mann’s Ferrari sequel Greenland: Migration and Neil Burger’s The Marsh King’s Daughter, starring Daisy Ridley, Garrett Hedlund and Ben Mendelsohn.
The two companies grew to become shut in the course of STX’s go-store interval after Najafi Organizations declared a $173M settlement to acquire the studio again in December. STX opted to keep on being unbiased with Najafi and extra funding from Birch Grove LP and 777 Companions, hence divorcing from its merger with India’s Eros Worldwide as Deadline to start with noted.
STX will continue being an independent studio outside the house the Lionsgate offer, with ideas to produce 12-15 flicks each year composed of theatrical and streaming titles.
The news of the future STX and Lionsgate deal occur in the wake of STX Leisure Motion Image Group Chairman Adam Fogelson heading to Lionsgate as their new Movement Picture Group Vice Chair. Deadline reported that the Common vet commences Sept. 1, and will oversee Lionsgate’s around the globe marketing and theatrical distribution, reporting to Lionsgate Movement Picture Group Chair Joe Drake.
Lionsgate’s approaching theatrical slate includes Drop on Aug. 12, White Chicken: A Surprise Tale on Oct. 14, Prey for the Devil on Oct 28 Jesus Revolution on February 24 John Wick: Chapter 4 on March 24 Are You There God? It is Me, Margaret on April 28 and The Starvation Games: The Ballad of Songbirds and Snakes on November 17, 2023. The studio lately dropped a surprise trailer for John Wick: Chapter 4 at Collider’s San Diego Comic-Con panel with that pic’s director Chad Stahelski, and star Keanu Reeves on stage.
Lionsgate and STX had no remark.
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