Lionsgate is looking for a new home for their movies on television and streaming as TheInformation has revealed a deal has been made. Hulu (Disney majority owner) and FX have jointly bought the rights to Lionsgate’s movies from 2020-2021 which starts next year. The rights have been previously held by MGM’s Epix and the new deal gives the Disney platforms more mature content to pull in older subscribers with Disney+ aiming for a more family-friendly audience.
They also report that Starz (developing a John Wick series titled The Continental) will get those movies once the deal ends.
Some of the 2020-2021 releases include the new Chris Rock-produced Saw reboot, Doug Liman’s Choas Walking (stars Tom Holland and Daisy Ridley), Ryan Reynolds’ The Hitman’s Bodyguard’s Wife, and Keanu Reeve’s John Wick: Chapter 4/Rally Car. There also is an expectation that Sly Stallone’s The Expendables 4 and Chris Evans’ Jeykell will eventually be released by 2021. Lionsgate and Chad Stahelski were developing a feature film reboot of Highlander, but it remains to be seen if that project will be part of the deal.
FX content is also expected to get a bigger boost on Hulu, which likely means 20th Century Fox’s extensive mature film library will give Hulu a huge amount of content for older audiences that may end up becoming of the biggest demographic for Hulu in the next couple of years.
I’ll be interested to see if other studios will attempt similar exclusive deals, I think many people assume Sony Pictures will attempt a similar deal in the future.
SOURCE: THE INFORMATION