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Warner Bros and Alcon Entertainment Expands Distribution Deal

Saturday, May 14th, 2011 at 12:33 pm , filed under News by

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Alcon Entertainment has extended its long-term, distribution agreement and expansive financing with Warner Bros. Pictures for a total of 15 films through 2015. Now, Alcon has the option to develop, finance and produce a slate of more modestly budgeted characteristics that might be unnecessary go to Warner Bros.

However, the current pact was to expire in 2013. The renewal that was jointly announced by the Warner Bros Pictures Group President, Jeff Robinov and Alcon co-founders and the co-CEOs, Andrew Kosove and Broderick Johnson.  The statement quoted that they were greatly appreciate the support and loyalty that Jeff and the entire ‘Warner Bros.’ team have shown Alcon throughout their team gives them confidence that they will be able to successfully execute it in the next phase of Alcon’s business plan.

During the past 13 years, the agreement calls for Alcon to produce and finance three motion pictures every year for Warner Bros for the distribution either in North America at Alcon’s discretion or on a worldwide basis.

Developing financing, producing and ultimately assuming all the P&A expenses for its motion pictures will be continued by Alcon. They will also continue to work closely with Warner Bros’ distribution and marketing teams on every film. In addition to this, Alcon will maintain full green light authority.

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