ENTERTAINMENT ONE AND RUMBLE FILMS SOLIDIFY STRATEGIC FINANCING AND DEVELOPMENT DEAL
Los Angeles, CA – December 18, 2019 – Entertainment One (eOne) and Rumble Films have entered into a strategic financing and development agreement for film and television. The agreement will allow the two companies to jointly finance new projects and will provide Rumble with access to eOne's distribution base, in multiple territories, as well as Sierra/Affinity's international sales capabilities. In addition to their deal with eOne, Rumble currently maintains financial backing from Andrew Schwartzberg.
"Having worked with and enjoyed much success with Nick and Marc and all my friends at eOne for over a decade, I'm excited to join forces and aim for smart commercial projects with the resources to execute on a robust footing," said David Lancaster, CEO of Rumble.
The deal was negotiated by Marc Schaberg for eOne and David Lancaster and Jon Shiffman for Rumble with assistance from UTA's Jim Meenaghan.
ABOUT RUMBLE FILMS
RUMBLE FILMS is an independent production company headed by Academy Award-nominated producer David Lancaster along with producing partner Stephanie Wilcox and COO/CFO Jon Shiffman. With 45 independent films and television projects to his name, David's producing efforts include 2015's three time Oscar-winning Sundance success WHIPLASH, the Oscar-nominated and Independent Spirit award-winning NIGHTCRAWLER, box office success EYE IN THE SKY starring Helen Mirren, and the 2011 cult film DRIVE, starring Ryan Gosling and directed by Nicolas Winding Refn.
Rumble's latest film DONNYBROOK, was released by IFC Films earlier this year. Based on Frank Bill's cult noir novel, the film was written and directed by Tim Sutton and stars Frank Grillo, Margaret Qualley, James Badge Dale and Jamie Bell. Next in theaters from Rumble is THE BURNT ORANGE HERESY, which will be released by Sony Pictures Classics in the Spring of 2020. The noir thriller stars Claes Bang, Elizabeth Debicki, Mick Jagger and Donald Sutherland and was directed by Giuseppe Capotondi. Also in theaters next year will be Rumble's psychological horror film THE OTHER LAMB which will be released by IFC Midnight. The film was directed by award-winning Polish director Malgorzata Szumowska and stars Raffey Cassidy, Michiel Huisman and Denise Gough. Rumble strives to create studio quality, fiscally responsible cinema in the independent space, with a focus on visionary filmmakers.
ABOUT ENTERTAINMENT ONE
Entertainment One Ltd. (LSE: ETO) is a global independent studio that specializes in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company's diversified expertise spans across film, television and music production and sales; family programming, merchandising and licensing; digital content; and live entertainment. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.
Entertainment One's robust network includes international feature film distribution company Sierra/Affinity; Amblin Partners with DreamWorks Studios, Participant Media, and Reliance Entertainment; Makeready with Brad Weston; unscripted television production companies Whizz Kid Entertainment, Renegade 83, Daisybeck and Blackfin; live entertainment leaders Round Room Live; world-class music labels Dualtone Music Group and Last Gang; innovative music platform Audio Network; and award-winning emerging content and technology studio Secret Location.