STX Entertainment Signs Pact With Universal Pictures Home Entertainment
The deal comes on the heels of STX's recent agreement with Showtime.
Robert Simonds' new TV and film studio STX Entertainment and Universal Pictures Home Entertainment have entered into a multi-year partnership in which Universal will handle all marketing, sales and distribution services for Blu-ray, DVD, Electronic Sell-Through and TVOD platforms of STX Entertainment’s theatrical titles across North America.
STX Entertainment, which handles its own production, marketing and distribution of its theatrical projects, recently announced it will release 12 to 15 major motion pictures a year beginning in 2016.
The agreement marks the second partnership announced by STX Entertainment. In January, the company closed a multi-year output agreement with Showtime to bring motion pictures distributed theatrically by STX exclusively to Showtime Networks during the premium television window. The deal covers the studio’s theatrical releases through 2019.
STX has also announced several of the films for its slate, including Hunger Games helmer Gary Ross' The Free State of Jones; the adaptation of The Secret in Their Eyes, based on the 2010 Academy Award-winning Best Foreign Language Film; and Joel Edgerton's directorial debut.