Saban Films announced today, just ahead of the Cannes Film Festival, that it is continuing its expansion beyond North America, finalizing deals with distribution partners across numerous territories including Austria, France, Germany, Scandinavia and Spain. In September, Saban partnered with Altitude Media Group across the UK and Ireland, elevating its profile as a major global distributor.
Saban will continue to spearhead acquisitions of the films with deals in place with the following: Splendid in Austria and Germany; ACE Entertainment in France; Mis.Label in Denmark, Norway, Sweden, Finland and Iceland; Key2Media in Spain; and Defiant Screen Entertainment in Australia and New Zealand. Saban plans to work with its partners to acquire product during the Cannes market.
Bill Bromiley, President of Saban Films said: “We have been carefully watching and studying the international marketplace for independent film and know that we’ve found the right partners for what feels like a natural expansion. We’re very excited to broaden our business.”
Shanan Becker, Chief Financial Officer of Saban Films said: “Extending the profitable Saban model overseas is an exciting prospect, and we’re especially thrilled to be partnering with best-in-class distributors in each market. We plan on providing our partners with 15 or more commercially-focused films annually.”