MGM has formed a new overseas distribution partnership with Warner Bros. that will begin in November with the Luca Guadagnino film “Bones and All” and continue for at least three years.
The deal, which will see Warner receive a new stream of incremental revenue through distribution fees, comes just two months after Pamela Abdy and Michael De Luca left their position as heads of MGM to become co-chairs and CEOs of Warner Bros. Motion Picture Group. They negotiated the deal with MGM’s COO Christopher Brearton; Warner’s international distribution chief Andrew Cripps will oversee distribution of these titles.
The new agreement also includes worldwide physical home entertainment distribution on all newly released MGM titles.
MGM Strikes Overseas Film Distribution Deal With Warner Bros, Including ‘Creed III’
Warner co-chairs Michael De Luca and Pamela Abdy form partnership with their former studio
