Alcon Entertainment Grows Film Output: Becomes Passive Bankers For Lionsgate

Santa Monica, CA, November 10, 2011 LIONSGATE and Alcon Entertainmenthave decided to co-finance the Lionsgate feature What To Anticipate When You Are EXPECTING. The 2 companies is going to be equally discussing the development and marketing costs around the film. The announcement is made collectively by Lionsgates Co-COO and Film Group Leader, Joe Drake, with Andrew Kosove and Broderick Manley, the Co-Founders and Co-CEOs of Alcon Entertainment. What To Anticipate When You Are EXPECTING is scheduled for release on May 11, 2012. What To Anticipate When You Are EXPECTING is going to be Alcons first investment outdoors of Warner Bros., where Alcon includes a lengthy-standing distribution relationship. Alcons participation as passive bankers from the project signifies the Companys technique to generate additional film output, and therefore Manley and Kosove won't take producer credits Stated Drake from the partnership, This co-financing deal is fantastic for the two of us since it lines up our interests there's a genuine discussing of risk capital including P&A on films that people both see great value for making. This deal supplies a method for Lionsgate to pursue risk minimization while permitting Alcon to possess larger use of commercial content past the product they develop themselves. Broderick Manley and Andrew Kosove stated collectively, We're very excited to become trading within this terrific project. We now have immense respect for that many business achievements Lionsgate has already established in their history.