Lionsgate is getting more into the STX Entertainment business and will expand its catalog in quite an interesting fashion as two of STXfilms’ most prominent projects, 2016’s Bad Moms and 2019’s Hustlers will now receive scripted television projects.
Announced last Wednesday in the Deadline report, STXfilms and Lionsgate will work together now, and on the top of their list is bringing these films to the television format. Bad Moms was a hit film in 2016 and garnered a holiday-themed sequel in 2017 called A Bad Moms Christmas; the first film grossed over $183 million worldwide, becoming the first film from STX to gross $100 million domestically.
Hustlers was another success story for the studio, grossing $157.6 million worldwide against a production budget of $20.7 million. The film also had a strong awards campaign, which saw supporting actress Jennifer Lopez receive nominations at the Golden Globe, Critics Choice, and Screen Actors Guild awards.
As part of this deal, Lionsgate will have the domestic theatrical distribution rights for new STXfilms releases; the first film released will be The Marsh King’s Daughter, a thriller by Neil Burger and starring Daisy Ridley.
“Theatrical exhibition continues to be essential to our company, and that’s especially true for movies like The Marsh King’s Daughter and its director, Neil Burger, with whom we had such a fantastic success with The Upside,” said STX Entertainment CEO Noah Fogelson.
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Adding, “As Bob (Simonds) and I sought a long-term strategic distribution partner, Lionsgate was our first and best choice. We are excited to begin our deal with The Marsh King’s Daughter. We believe their production, marketing, and distribution teams are the absolute best in the business, and many of their marketing executives are already intimately familiar with our slate. That alone would make them a natural home. But we’re also huge fans of everything Jon, Michael, and Joe have built, and we are thrilled to be reunited with Adam and part of the powerful resources that the Lionsgate family can offer.”
The Marsh King’s Daughter will be released under Lionsgate’s Roadside Attractions on October 6th.
