ArcLight Movies, MEP Funds Administration Buys The Lotus Amusement
Arclight Movies and MEP Funds Management are teaming up to purchase and license all out there media legal rights to the library of The Lotus Amusement.
That library consists of a mix of throughout the world and foreign income legal rights to 58 movies introduced concerning 2005 to 2019, which gained more than $500 million at the world wide box office environment. Noteworthy titles involve “Just Friends” starring Ryan Reynolds, Amy Intelligent and Anna Faris “The Grey” starring Liam Neeson “Killing Them Softly” starring Brad Pitt “Hachi: A Dog’s Tale” starring Richard Gere “Freelancers” starring Robert DeNiro “Jobs” starring Ashton Kutcher “The Host” starring Saoirse Ronan “Maggie” starring Arnold Schwarzenegger “The Women” starring Meg Ryan, Annette Bening, and Eva Mendes and “Kill Your Darlings” with Daniel Radcliffe and Michael C. Hall.
The offer was negotiated by Elizabeth Zavoyskiy, expenditure principal of MEP Money, and Brian Beckmann, CFO of Arclight Films, with Jim Seibel, co-chairman of Lotus Leisure. Arclight Movies is handling around the world rights to The Lotus Amusement library and will launch globally product sales of the library titles at the Marché du Movie in Cannes.
“Working with industry experts one admires and respects often helps make for a great day,” stated Arclight Movies Chairman Gary Hamilton. “The crew at MEP Capital are wonderful companions so it’s an primarily excellent working day to be in company with them on this significant library. Jim at Lotus has place with each other a excellent assortment of extraordinary titles with powerful storylines and A-checklist expertise more than the years. We are delighted to give the marketplace the opportunity to find the gems inside of the line up.”
“MEP is thrilled to be partnering with Arclight on the Lotus library,” explained Zavoyskiy. “We’re very enthusiastic about the addition of good content to our portfolio and glimpse ahead to continuing and growing on the previously remarkable overall body of get the job done the Lotus workforce experienced previously constructed.”
In addition to licensing and other options, the library also provides remake legal rights and other secondary legal rights to certain movies.
MEP Cash is an financial investment firm concentrated on alternatives in the media and entertainment industries. Arclight Films’ current slate consists of the thriller “Poker Encounter,” directed by and starring Russell Crowe “The Transportable Door” starring Christoph Waltz and Sam Neill and the thriller “The Locksmith” starring Ryan Phillippe, Kate Bosworth and Ving Rhames.