7:30am PT by Carolyn Giardina
Laika Reaches Distribution Agreement With Shout! Factory
Laika, the Oregon-based studio behind animated features such as Coraline and Kubo and the Two Strings, has reached a U.S. home entertainment distribution agreement with distributor Shout! Factory. Terms of the deal were not announced.
The multi-year agreement give Shout! the U.S. home entertainment distribution rights in all packaged media to Laika’s first four Oscar-nominated films. They are Kubo and the Two Strings, a Japan-set fantasy and directorial debut of Laika president and CEO Travis Knight (2016); The Boxtrolls, based on the novel Here Be Monsters! by Alan Snow (2014); zombie comedy ParaNorman (2012); and Coraline, the Henry Selick-helmed fantasy based on Neil Gaiman's book of the same name (2009) .
New bonus content, collectible packaging and specialty releases also are in development. “We’re incredibly excited about this new opportunity with Laika and look forward to presenting these beloved films with enlightening extras and lavish packaging to fans and collectors everywhere," said Melissa Boag, senior vp of family entertainment at Shout! Factory, in a released statement.
The deal was negotiated by Jordan Fields, vp of acquisitions, and Steven Katz, vp of business affairs for Shout! Factory; and Laika’s head of business development Michael Waghalter and Colin Geiger, general counsel and head of business affairs.