Sony Pictures Signs Distribution Deal With CBS Films
Under the agreement, Sony Pictures will handle international theatrical distribution of CBS Films productions as well as service worldwide distribution of the unit's films in the home entertainment marketplace. CBS Films will handle domestic theatrical distribution of all titles and retains rights in a limited number of foreign territories.
Jeff Blake, chairman of marketing and distribution for Sony Pictures Worldwide, said: “This deal allows us to increase our overseas output with more terrific motion pictures. We have tremendous respect for Amy Baer and know what kind of quality she and CBS Films will bring to the theatrical marketplace.”
Steven Bersch, president of Sony Pictures Worldwide, said: “We are always looking for high quality motion pictures that we can distribute around the world. Our agreement with CBS Films gives us a steady stream of first-run theatrical product that will play exceptionally well abroad as well as in the worldwide home entertainment arena.”
Will this deal benefit both the firms?
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