'New Moon' boosts E1 Ent. revenue
Distributor sees increases in Canada, U.K., HollandTORONTO -- The release of Summit Entertainment's hit vampire pic "The Twilight Saga: New Moon" in Canada, the U.K. and Holland has turbo-charged E1 Entertainment's distribution revenue.
The Toronto-based distributor, which has an output deal with Summit, said it posted Canadian boxoffice revenue of $56.8 million ($55 million) in 2009, up from a year-earlier CAN$32.6 million.
E1's U.K. distribution revenue jumped to CAN$87.8 million ($85 million) last year, up sharply from CAN$10.7 million in 2008. And Dutch boxoffice revenue jumped 46% from CAN$18 million in 2008 to CAN$26.3 million ($25.5 million) last year.
Patrice Theroux, president of E1's filmed entertainment division, said the distributor would continue to generate ancillary revenue from "New Moon" and other 2009 releases, including "Nativity!" and "An Education and Knowing."