Open Road, FilmNation secure output deals

Open Road Films and FilmNation Entertainment have closed a string of output deals on films that Open Road produces or acquires for the world, pursuant to their new partnership.

Territories covered include Spain, Latin America, Canada and Eastern Europe, with Sony Pictures Worldwide Acquisitions closing multiple deals.

eOne picked up rights for the UK, Village Roadshow for Australia and New Zealand, Telepool for Germany, Ster Kinekor for South Africa and Lev for Israel.

The arrangement kicks off with Open Road’s previously announced thriller and first in-house production Sleepless Night to star Jamie Foxx and Michelle Monaghan, one of three to four films the company expects to finance and produce each year.

“Glen and his team did a fantastic job of helping us get into business with top-tier international distributors throughout the world,” said Open Road CEO Tom Ortenberg.

“We look forward to long and successful relationships, and to supplying high quality, commercial movies that will deliver box office success for Open Road in the US and for our new partners overseas.”

“The excitement and competition for international distributors to be in business with Open Road is such a powerful indication of how the marketplace recognises Open Road as a clear leader in this industry,” said FilmNation CEO Glen Basner.

Basner, svp of sales Tara Erer and vp of sales Rob Carney negotiated the deal with Open Road COO and general counsel Elliott Kleinberg.