Byron Allen’s Entertainment Studios Acquires ‘Up North’ Prison Drama For Digital Distribution

Read on: Deadline.

Byron Allen’s Entertainment Studios has acquired the pilot of gritty drama Up North for global distribution on its streaming services, including TheGrio and Local Now. The company will finance and distribute eight episodes of the series to launch…

The Weather Channel Names Tom O’Brien President

Read on: TheWrapTheWrap.

Sunny skies for Tom O’Brien? The former Nexstar C-level executive has been named president of The Weather Channel. The role also comes with an executive vice president title at Byron Allen’s parent media company.
O’Brien will oversee …

Oscar Week 2019 Parties & Events: The List

Read on: Deadline.

This list will be updated on a regular basis this week with more events to be announced. Please send any event or party details to anthony@deadline.com. Most events are by invite-only except for the Oscar Week panels; tickets sold for those at Oscars.o…

Entertainment Studios Surfs Choppy Theatrical Waters

Read on: Variety.

Some big things have come from sharks — Discovery Channel’s Shark Week, Steven Spielberg’s career and “Sharknado,” to name a few. Showbiz mogul Byron Allen used one to launch his theatrical distribution company, Entertainment Studios Motion Pictures. “…

Byron Allen’s Entertainment Studios Orders ‘The World’s Funniest Weather’ TV Series

Read on: Deadline.

Byron Allen’s Entertainment Studios has ordered The World’s Funniest Weather, a new weekly half-hour TV comedy series executive produced by writer/producer Scott Satin (Most Outrageous Moments).
The World’s Funniest Weather is a comed…

Jeremy Renner’s Animated Movie ‘Arctic Dogs’ Acquired by Entertainment Studios for 2019 Release

Read on: TheWrapTheWrap.

Byron Allen’s theatrical arm Entertainment Studios Motion Pictures acquired the U.S. rights to animated feature “Arctic Dogs,” the company announced Monday.

The film, previously titled “Arctic Justice,” was picked up by Entertainment Studios at the American Film Market and will be scheduled for wide theatrical release on over 3,500 screens in 2019.

“Arctic Dogs” was written by Cal Brunker and Bob Barlen (“The Nut Job 2: Nutty By Nature,” and co-written and directed by Aaron Woodley (“Spark: A Space Tail”). It was was produced by Monika Bacardi and Andrea Iervolino, and executive produced by Byron Allen, Jennifer Lucas, Carolyn Folks, A.K. Madhavan, Danielle Maloni, and Francesca Silvani. Giovanni Cova is co-executive producer.

Also Read: Mark Borde Exits as Movie President of Byron Allen’s Entertainment Studios

“Arctic Dogs” tells the story of Swifty the Arctic fox (Jeremy Renner), who stumbles upon a dark scheme to melt the Arctic. Swifty decides he must team up with his ragtag group of friends to try and save the day. The film also co-stars the voice talent of Heidi Klum, Alec Baldwin, John Cleese, James Franco, Angelica Huston, Michael Madsen, Omar Sy and Laurie Holden.

Entertainment Studios will also release the John Krasinski and Emily Blunt led animated feature “Animal Crackers” in 2019, along with the Keanu Reeves sci-fi thriller “Replicas.” The studio’s releases this year include Christian Bale’s “Hostiles” and the political thriller “Chappaquiddick.”

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Byron Allen’s Entertainment Studios Raises $500 Million in Credit Facilities

Appeals Court Clears Way For Byron Allen’s Civil Rights Suits Against Charter, Comcast

Read on: Deadline.

A federal appeals court cleared the way for Byron Allen’s Entertainment Studios Networks to pursue civil rights suits against two of the nation’s biggest cable operators, Charter Communications and Comcast.
These lawsuits seek sizable damag…

Mark Borde Exits as Movie President of Byron Allen’s Entertainment Studios

Read on: TheWrapTheWrap.

Mark Borde, president of the theatrical motion picture distribution unit at Byron Allen’s Entertainment Studios, is leaving the company after three years in the position, the company announced Monday.

In 2015, Borde sold his Freestyle Releasing to Allen, who then formed Entertainment Studios Motion Pictures. Borde was an executive producer behind Entertainment Studios’ “47 Meters Down,” Christian Bale’s “Hostiles” and the Ted Kennedy thriller “Chappaquiddick.”

Back in October, TheWrap reported that Entertainment Studios was “aggressively” pursuing mergers after launching an international sales and distribution division and raising $500 million in credit facilities. The company said the money raised would be used for general business purposes: productions, co-productions and acquisitions.

Also Read: Mel Gibson’s ‘Boss Level’ Lands at Byron Allen’s Entertainment Studios

Borde has been a part of the independent movie business as a distributor, a film producer, a theater owner, and is a voting member of the Academy. Borde was honored at the 2018 ShowEast convention in Miami and was given the “Al Shapiro Distinguished Service Award.” He will soon join the Napa Valley Film Festival activities as part of the faculty later this month.

“Mark Borde, a second-generation movie distribution entrepreneur, co-founded Freestyle Releasing over 17 years ago with the late, great Susan Jackson. One day at lunch in 2015, Mark graciously agreed to sell me the company, instantly putting our corporation into the movie business,” said Allen in a statement. “Since acquiring Freestyle, Mark has helped me to build a first class, wide-release, international independent film distribution company at Entertainment Studios Motion Pictures. Mark’s reputation as a consummate professional is well-deserved, and I know he will continue to make a lasting impact on our industry for years to come. All of us at Entertainment Studios look forward to working with Mark again as he pursues the next phase of his very distinguished career.”

“Byron Allen is a brilliant businessman, a visionary, with unbelievable energy, and simply an unstoppable force of nature,” Borde said. “I loved working with Byron and the phenomenal team he has assembled. I have put my legacy in the right hands, and I am highly confident he will take this company to extraordinary new heights.”

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Mark Borde Exits Byron Allen’s Entertainment Studios As Film Distribution President

Read on: Deadline.

After three years as the president of theatrical distribution, Mark Borde is leaving Byron Allen’s Entertainment Studios, the company announced today.
In 2015, Borde sold his Freestyle Releasing to Allen who then formed Entertainment Studios Motion Pic…

Byron Allen’s Entertainment Studios ‘Aggressively’ Pursues Mergers, Acquisitions With New Exec Hire

Read on: TheWrapTheWrap.

Entertainment Studios, the film and TV distribution company run by Byron Allen, announced on Wednesday that it’s hired Ronnie Ng as its new chief financial officer.

In addition to his typical CFO duties, Ng will serve as the company’s head of corporate development as it looks to grow.

“Ronnie Ng is an outstanding addition to our Entertainment Studios/Allen Media family,” Allen, founder and CEO of Entertainment Studios, said in a statement. “Ronnie’s extensive corporate and financial investment experience makes him a very strong executive joining our team as we continue to grow our global media and technology company and aggressively pursue mergers and acquisitions.”

Also Read: Byron Allen’s Entertainment Studios Launches International Sales, Distribution Division

Last month, Entertainment Studios launched an international sales and distribution division, titled Entertainment Studios Motion Pictures International (ESMPI), weeks after raising $500 million in credit facilities. The company said the money raised would be used for general business purposes: productions, co-productions and acquisitions.

Ng will work out of the Entertainment Studios headquarters in Los Angeles, overseeing corporate finances, strategic investments, risk management, and data analysis for all Entertainment Studios corporate entities under Allen Media, the parent company for Entertainment Studios.

His coverage includes broadcast TV syndication, advertising sales, all eight 24-hour HD TV networks, and digital platforms — as well as theatrical motion picture co-productions and global distribution for Allen’s theatrical and digital movie distribution divisions Entertainment Studios Motion Pictures and Entertainment Studios Digital Media.

Also Read: Byron Allen’s Entertainment Studios Raises $500 Million in Credit Facilities

Ng has more than 17 years of experience in negotiating and structuring mergers and acquisitions and leveraged finance transactions within the media and entertainment industry.

Prior to Entertainment Studios, Ng spent five years at TCW Group, which manages approximately $198 billion in assets.  At TCW, Ng was vice president in the Fixed Income Group, where he specialized in media and technology corporate debt and bond investing. Before joining TCW Group, Ng was executive director of Media & Communications Group with UBS Investment Bank for six years. He held similar investment banking positions at Deutsche Bank Securities and Houlihan Lokey.

Ng will report directly to Allen, and will work closely with executive VP of finance and chief investment officer, Eric Gould.

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Byron Allen’s Entertainment Studios Raises $500 Million in Credit Facilities

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Entertainment Studios Orders 130 More Episodes For Each Of Its Five Court Shows

Read on: Deadline.

Byron Allen’s Entertainment Studios has ordered 130 more episodes for each of its five court series for the 2018-19 TV season — a total of 650 half-hours. Getting that big influx are America’s Court with Judge Ross, Justice for All wi…

Byron Allen’s Entertainment Studios Launches International Sales, Distribution Division

Read on: TheWrapTheWrap.

Byron Allen’s film distribution company Entertainment Studios is expanding overseas. The company said on Monday it is launching a new international sales and distribution division.

The new division, titled Entertainment Studios Motion Pictures International (ESMPI), is being launched in partnership with FilmNation Entertainment, which will now handle international distribution of wide-release theatrical titles where Entertainment Studios has worldwide rights.

“International feature film distribution is a natural extension of the expanding reach of our global media, content, and technology company,” said Allen, Entertainment Studios founder and CEO, in a statement. “As we continue to distribute content across an ever-increasing number of domestic and global broadcast television, network television, theatrical, and digital platforms, it is only natural for us to incorporate worldwide movie distribution into our overall content distribution strategy going forward, and FilmNation Entertainment is the perfect partner for us to achieve this goal.”

Also Read: Byron Allen’s Entertainment Studios Raises $500 Million in Credit Facilities

Earlier this month, Entertainment Studios secured a $500 million credit facility to help grow the business.

The credit facilities were a combination of numerous types of loans, and organized by Deutsche Bank Securities, Inc., Jefferies Financial Group, Brightwood Capital Advisors, and Comerica Bank.

The studio said on Monday that the first title it will finance and release internationally will be “47 Meters Down: The Next Chapter,” a sequel to the company’s surprise hit “47 Meters Down.” The film just started pre-production.

Also Read: Byron Allen’s Entertainment Studios Acquires Worldwide Rights to ’48 Meters Down’

The shark thriller sequel will be released domestically on approximately 3,500 screens on June 28, 2019. “47 Meters Down” grossed over $44.3 million on a $5.5 million budget, making it the highest-grossing independent movie of 2017.  Entertainment Studios bought the title from Dimension Films, which had initially planned to release the movie on home video. “47 Meters Down: The Next Chapter” is directed by Johannes Roberts, the filmmaker behind the first installment. Roberts wrote the screenplay with Ernest Riera. The film is being produced by The Fyzz’s James Harris, Mark Lane and Robert Jones, all of whom were involved with the initial production.

“Entertainment Studios is an exciting, creative, and innovative media company that is committed to delivering high-quality content worldwide,” said FilmNation Entertainment founder and CEO, Glen Basner. “This global distribution partnership is well-positioned to fill a huge void in the marketplace.”

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Byron Allen’s Entertainment Studios Raises $500 Million in Credit Facilities

Mel Gibson’s ‘Boss Level’ Lands at Byron Allen’s Entertainment Studios

Byron Allen’s Entertainment Studios Buys Weather Channel for $300 Million

Byron Allen Launches International Sales & Distribution Division; ’47 Meters Down’ Sequel Is First Title

Read on: Deadline.

Entertainment Studios Motion Pictures, the theatrical distribution division of Byron Allen’s global media and technology company Entertainment Studios, has launched Entertainment Studios Motion Pictures International, a new international sales and dist…

Byron Allen’s Entertainment Studios Raises $500 Million in Credit Facilities

Read on: TheWrapTheWrap.

Byron Allen’s Entertainment Studios, Inc. has raised $500 million in credit facilities, which will be used for general business purposes, production and acquisitions, the company said.

The credit facilities — which is a combination of numerous types of loans — were organized by Deutsche Bank Securities, Inc., Jefferies Financial Group, Brightwood Capital Advisors, and Comerica Bank.

Entertainment Studios, which recently purchased The Weather Channel for $300 million, has 41 TV shows on the air, per its own count.

Also Read: Byron Allen’s Entertainment Studios Buys Weather Channel for $300 Million

“As we celebrate our 25th anniversary, this additional capital positions us for further investments and acquisitions,” said Byron Allen, founder/chairman/CEO of Allen Media LLC, the parent company of Entertainment Studios, Inc. “More importantly, this group of lenders have provided us with the financial backing and capacity to increase the credit line and make large-scale acquisitions, which is a major part of our strategy going forward.”

Allen fully owns Entertainment Studios, Inc.

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Byron Allen’s Entertainment Studios Acquires TheGrio