Magazine article Screen International

Kaleidoscope Buys Distributor Platform Entertainment

Magazine article Screen International

Kaleidoscope Buys Distributor Platform Entertainment

Article excerpt

UK distributor Kaleidoscope (KHE) has acquired fellow UK outfit Platform Entertainment Ltd, including its upcoming slate and film and TV catalogue.

The deal sees KHE take over all sales and distribution for the company's 500-strong library, including 10 Minute Solutions, TV series Spartacus, Vendetta, We Still Kill The Old Way, The Adventures of Tin Tin, and I Spit On Your Grave.

Upcoming titles include Black Sails Season 4, We Still Steal The Old Way, Sky Sharks and Bonded By Blood 2.

Spencer Pollard CEO of KHE said: "We are excited to have been able to conclude the acquisition of Platform Entertainment. The consolidation of the Platform library of rights within the current Kaleidoscope catalogue, together with the upcoming slates from both businesses, will see our market share in the UK double overnight."

"The Platform library has huge potential in the physical market place but just as importantly in the digital, VOD and SVOD marketplaces and we will be working tremendously hard with all our bricks and mortar partners and ancillary outlets to ensure we maximise the combined value in the coming months," he continued.

"We firmly believe that consolidation within the UK and International marketplace is vital for independent distributors to continue to grow, and adapt to market changes and consumer buying habits. …

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