Vancouver, British Columbia--(Newsfile Corp. - February 4, 2022) - Amcomri Entertainment Inc. (NEO: AMEN) (FSE: 25Y0) ("Amcomri"), has entered into an exclusive all-rights distribution arrangement with Shout! Factory, LLC ("Shout") through its United Kingdom-based subsidiary company, 101 Films Limited ("101 Films").
Shout will provide 101 Films with more than 120 movies and 40 hours of television content for cross-platform distribution. 101 Films will exclusively sell and distribute this extensive library of sought-after titles from Shout across physical, video on demand, electronic sell through, subscription video on demand ("SVOD"), television, and ad-based video on demand ("AVOD") platforms in the UK and Ireland.
This transaction follows the acquisition of the Halcyon Studios library for the same territories which was announced earlier this week. Titles in this Shout library include a number of films starring Al Pacino, Pierce Brosnan, Jack Lemmon, Don Johnson, Dustin Hoffman, John Malkovitch, and Laurence Olivier, with filmmakers including David Cronenberg, John Frankenheimer, Jonathan Demme, and Orson Welles.
The wide-ranging library spans multiple genres from cult favourites Alligator and Alligator II: The Mutation, The Lawnmower Man, Lawnmower Man 2: Beyond Cyberspace, and Rock'n'Roll High School, to the acclaimed Glengarry Glen Ross and the Academy Award®- winning When We Were Kings.
Amcomri Announces Library Distribution Deal with Shout! Factory
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Andy Lyon, 101 Films Managing Director, said, "We have enjoyed doing business with Shout! Factory for many years through our international distribution business so we look forward to working with Jordan Fields and his team on this impressive library in the UK and Ireland. We have long admired the Shout library's marketability and it has been on our distribution team's wishlist for some time. As we move further into the fast growing AVOD, channels and streaming world it is an exciting and important addition to our already significant library."
Shout's Jordan Fields stated, "We've long regarded 101 Films as a kindred spirit to Shout! Factory. Their robust and diverse catalog, crack team and muscular distribution make for a great fit for our library. We look forward to a rewarding partnership."
About Shout! Factory, LLC
Shout! Factory, LLC is a leading multi-platform media company devoted to film and TV distribution, development, and production, as well as the preservation and revitalization of the very best in pop-culture entertainment. Founded by Richard Foos, Bob Emmer, and Garson Foos in 2003, Shout owns and manages a large portfolio of films, contemporary and classic TV series, animation, and documentaries. The company's creative acquisition mandate has established it as a leading independent distributor, with partners and properties including GKIDS, Sesame Street, The Carol Burnett Show, The Johnny Carson Show, IFC Films, Stephen J. Cannell Productions, ITV Studios, Major League Baseball Productions, and many others. Shout! Factory Kids focuses on live-action and animated kids and family properties as well as anime, and the company releases films and television shows in other genres under the Scream Factory and Shout Select imprints. Shout develops, acquires and distributes new films via Shout! Studios, owns and operates libraries including Mystery Science Theater 3000 (in partnership with creator Joel Hodgson) and the Roger Corman New Horizons Pictures Library, and operates the acclaimed streaming service Shout! Factory TV. Shout is based in Los Angeles, California. For more on Shout, visit shoutfactory.com.
ABOUT 101 FILMS
101 Films, a subsidiary of Amcomri, is one of the largest independent distributors of film in the UK. Founded in 2011, it remains one of the UK's fastest growing independent entertainment brands having acquired over 1,600 movies and 400 hours of TV and following its acquisition by Amcomri Entertainment inc in 2016 acquired the assets of Metrodome Distribution Group adding that library along with Palisades Tartan, Quiver and Screen Media to its roster of commercial movies. In addition to its slate of new and modern movies for all rights, 101 Films' Black and Red physical imprint continues to reinvent, restore and re-release cult and classic films on Blu Ray. 101 Films distributes across all forms of media: physical, digital, television, SVOD and AVOD.
ABOUT AMCOMRI ENTERTAINMENT INC
Amcomri Entertainment Inc (NEO: AMEN) provides a global distribution capability for independent movie, documentary and TV series producers in addition to its own productions. Exploiting a network of distribution channels around the world, Amcomri's companies deliver a premium, transparent and trustworthy route to market. With decades of experience across all the key media markets, the Amcomri team is fast becoming the go-to team for independent producers seeking the widest possible audience for their productions. Amcomri's network is built on strong, trustworthy partners. Arranging strong pre-sale partners in the major markets, the teams can often provide the assurance that lenders need in order to provide production finance.
Amcomri Entertainment Inc.'s subsidiaries include, 101 Films, 101 Films International, Hollywood Classics International, Amcomri Film Partners, Appreciated Media Global and the documentary, drama and non-fiction series specialist Abacus Media Rights.
For further information regarding Amcomri, see Amcomri's disclosure documents on SEDAR at www.sedar.com and Amcomri's website at www.amcomrientertainmentinc.com for more.
For more information, please contact:
Larry Howard
Chief Financial Officer
Email: larry.howard@amcomri.com
Phone: +353-87-686-8255
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements which constitute "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"), including statements regarding the plans, intentions, beliefs and current expectations of Amcomri with respect to future business activities and operating performance. Forward-looking statements are often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding the acquisition of the library and the associated benefits thereof and expectations for other economic, business, and/or competitive factors.
Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Amcomri's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Amcomri believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the resulting issuer. These forward-looking statements may be affected by risks and uncertainties in the business of Amcomri and general market conditions, including COVID-19 and those other risks and uncertainties which are included in the management information circular dated for November 18, 2021.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Amcomri has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. Amcomri does not intend, and does not assume any obligation, to update the forward-looking statements except as otherwise required by applicable law.
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