Turner nets Perry pair, action trio
Network, Lionsgate pact on pics
More Articles:
Most Viewed:
'New Moon' takes opening day record(5343 views)'New Moon' breaks box office records(1596 views)'Avatar' toys with augmented reality(971 views)Spielberg, King team on 'Dome'(641 views)Animated short films get on short list(586 views)The Blind Side(568 views) |
Licensing pacts will make Turner's TNT and TBS the first nonpay TV outlet to run these pics starting in 2011 (2010 for "The Bank Job").
Collectively, these films have garnered nearly $300 million in worldwide box office, not including the pending performance of the soon-to-be-released "Crank" sequel.
With the addition of "Madea Goes to Jail," which drew nearly $90 million in domestic box office, as well as "The Family That Preys" (more than $37 million in domestic B.O.), Turner now has first-window rights for six of Perry's seven Lionsgate releases, and it has second-window rights for the one it does not, "Madea's Family Reunion" (BET recently picked up the first window for that title).
"They have a vested interest in Tyler Perry's world," noted Rand Stoll, exec VP of TV for Lionsgate, pointing out that Perry-produced, Debmar-Mercury-distributed series "House of Payne" and "Meet the Browns" runs on TBS.
The licensing deals also include second-window rights starting in 2012 for comedies "Disaster Movie" and "My Best Friend's Girl," which together took in more than $70 million in worldwide B.O.
Officials for both Lionsgate and Turner declined to state the overall value of these licensing pacts. However, sources familiar with movie-rights negotiations said first-window rights compensation is typically based on 10%-12% of total box office performance, while second-window rights usually run 3%-5% of total B.O.









