Lions Gate Acquires Film Distributor Redbus
Lions Gate Entertainment Corp., the Vancouver, Canada, and Santa Monica-based independent film production studio, said it acquired Britain’s Redbus Film Distribution Ltd. for about $35 million in cash and stock.
The purchase enables Lions Gate to self-distribute its movies in England.
Lions Gate also acquired Redbus’ library of more than 130 films, including such titles as “Bend It Like Beckham” and “Jeepers Creepers.”
-- Richard Verrier