ArcLight Movies, MEP Funds Management Purchases The Lotus Amusement
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Arclight Films and MEP Funds Administration are teaming up to purchase and license all offered media legal rights to the library of The Lotus Leisure.
That library is composed of a blend of around the globe and foreign income legal rights to 58 movies introduced between 2005 to 2019, which earned additional than $500 million at the worldwide box business office. Notable titles contain “Just Friends” starring Ryan Reynolds, Amy Clever 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, financial investment principal of MEP Cash, and Brian Beckmann, CFO of Arclight Films, with Jim Seibel, co-chairman of Lotus Entertainment. Arclight Films is handling globally rights to The Lotus Amusement library and will start worldwide gross sales of the library titles at the Marché du Movie in Cannes.
“Working with specialists one admires and respects normally will make for a fantastic day,” reported Arclight Films Chairman Gary Hamilton. “The group at MEP Cash are amazing companions so it’s an in particular very good day to be in small business with them on this important library. Jim at Lotus has put jointly a fantastic collection of spectacular titles with persuasive storylines and A-listing talent over the many years. We are delighted to supply the market the chance to discover the gems in the line up.”
“MEP is energized to be partnering with Arclight on the Lotus library,” explained Zavoyskiy. “We’re extremely enthusiastic about the addition of terrific articles to our portfolio and look ahead to continuing and growing on the by now remarkable body of work the Lotus staff had earlier created.”
In addition to licensing and other possibilities, the library also features remake rights and other secondary rights to sure movies.
MEP Capital is an financial investment business focused on options in the media and enjoyment industries. Arclight Films’ present-day slate includes the thriller “Poker Encounter,” directed by and starring Russell Crowe “The Portable Door” starring Christoph Waltz and Sam Neill and the thriller “The Locksmith” starring Ryan Phillippe, Kate Bosworth and Ving Rhames.
