![]() ![]() Lakeshore’s Rosenberg and Eric Reid have been in the foreign sales business and production and P&A financing since inception. ![]() Simultaneously, it’s a mercurial time for the independent theatrical space which is being directed away from traditional motion pictures toward alternative content and distribution.īob Bakish On Viacom & CBS Stock Slide: “People Have To Take A Beat” – Vanity Fair Summit Underworld Screen Gems Likewise, it’s where Vine is a player as well with Village Roadshow and Lakeshore. On a separate note, just Tuesday, Viacom CEO and President Bob Bakish at the Vanity Fair Summit extolled his conglom’s future CBS merger in a streaming environment: It’s not just about each major studio having a streaming service these rival OTT services will need content too, and that’s where Viacom/CBS steps in. and Disney take control of their own properties for their own OTT services. Vine’s acquisition of Lakeshore comes at an opportune time when streamers are in need of content, especially as Universal, Warner Bros. Lakeshore produced more than 70 of the pics in its library. ![]() ![]() That’s a unique scenario for an independent to control such distrib rights and IP, which often are piecemeal in a library-takeover deal. Here’s the huge upside for the 13-year-old Vine with the Lakeshore library: The asset manager retains control of Lakeshore’s global distribution rights, copyrights and remake/sequel rights on most of its pics. ![]()
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