Magazine article Screen International

Universal Takes Minority Stake in Amblin Partners

Magazine article Screen International

Universal Takes Minority Stake in Amblin Partners

Article excerpt

The development does not change the prior arrangement whereby Universal handles US distribution and select international markets on Amblin Partners titles.

Universal's distribution arrangement dates back to December 2015. The first release was The Girl On The Train (pictured), followed by current release A Dog's Purpose.

Focus will release Captive State, the sci-fithat Rupert Wyatt is scheduled to begin shooting this month and was made available to international buyers in non-output territories through Lionsgate International at the EFM in Berlin.

Universal Film Entertainment chairman JeffShell will join the board of Amblin Partners.

"We are big believers in Amblin Partners and its proven ability to create the kind of quality films that appeal to broad, global audiences," NBCUniversal vice-chairman Ron Meyer, Shell and Universal Pictures chairman Donna Langley said in a joint statement.

"Steven is a genius and has always been part of our family, as well as an incredible partner to Universal. We are thrilled to become strategic investors in the company that he, Michael and Jeffare committed to growing. …

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