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Universal to distribute 20 films from MRC

Universal to distribute 20 films from MRC

Universal Pictures says it will distribute up to 20 films from production company Media Rights Capital over five years starting in 2011.
The two companies previously collaborated on "Bruno," the comedy starring Sacha Baron Cohen, and have two more movies in the pipeline before this new deal kicks in.
Under the new arrangement, Universal will pay MRC a lower upfront fee for the movie rights and receive a percentage of the box office sales for distribution.
Previously, Universal paid a larger upfront fee but kept more of the ticket sales.
The deal will add to the 14 to 16 Universal-produced movies plus up to four movies from Rogue Pictures that the studio aims to release each year.
Universal is a division of NBC Universal, which is being bought by Comcast.


Updated : 2021-06-13 23:03 GMT+08:00