Movies

Amcomri Entertainment JV Buys Screen Media UK & Ireland Library Assets – Deadline

101 Films and Abacus Media Rights proprietor Amcomri Entertainment has acquired a number of Screen Media libraries for the UK and Ireland by way of a joint entity part-owned by Head Gear Films Founder Phil Hunt’s Bohemia Media.

Following the deal struck by way of JV Positivor Limited, 101 Films will distribute greater than 750 hours of movies and TV within the territories. 101 beforehand distributed them within the UK and Ireland below license following a deal struck in 2021.

Positivor is funding the deal by way of the proceeds of a mortgage from UK tv and movie financier Head Gear, which owns the London-based manufacturing and distribution company Bohemia. Head Gear founder Hunt can also be CEO of Bankside Films.

“The forming of this strategic alliance to purchase the Screen Media library assets for the UK and Ireland, further strengthens the mutually beneficial relationship we have enjoyed with Amcomri over the past three years,” he stated.

“These acquisitions are in keeping with our high-margin business model, and build on our proven success in content acquisition,” stated Robert Price, CEO of Amcomri. “Having previously licensed the UK and Ireland distribution rights for this library, we already know how marketable these assets are. By acquiring the library assets, we increase our share of revenue and extend our distribution rights for the long-term.”  

Andy Lyon, CEO of 101 Films, added: “We are pleased to have secured long-term distribution rights for the UK and Ireland for these assets which include titles starring many of Hollywood’s and prime time’s finest celebrities, from Charlize Theron, Daniel Craig, and Jason Momoa to Kelsey Grammer, Leonardo DiCaprio and Courtney Cox.”

The deal comes quickly after Amcomri subsidiary Abacus acquired the property of Australia-UK distributor Flame Media.

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