Alcon Expands Warner Bros. Distribution Deal
Alcon now has the option to develop, finance and produce a slate of more modestly budgeted features that may not necessarily go to Warner Bros.
Alcon Entertainment has extended its long-term, expansive financing and distribution agreement with Warner Bros. Pictures through 2015.
The current pact was to expire in 2013.
The agreement calls for Alcon to finance and produce three motion pictures per year for Warner Bros. to distribute either on a worldwide basis or solely in North America at Alcon’s discretion. Alcon will continue to develop, fully finance, produce and ultimately assume all P&A expenses for its motion pictures.
As part of this extension, Alcon now has the option to develop, finance and produce a slate of more modestly budgeted features that may not necessarily go to Warner Bros. Warners, however, will still retain first look.
In a statement, Warner Bros. Pictures president Jeff Robinov said, “Warner Bros. has enjoyed an incredible relationship with Andrew, Broderick and their entire team at Alcon over the years, and we look forward to continuing this tremendously successful partnership.”