Open Road, the upstart distribution company formed by theater chains AMC and Regal, is making its second big acquisition. Tom Ortenberg's company is acquiring domestic distribution rights to The Host, the Andrew Niccol-directed adaptation of Twilight Saga author Stephenie Meyer's novel. I'm told that the there were at least three other distributors trying to get this and that the deal will be a seven-figure minimum guarantee, a healthy P&A commitment, and gross for participants that include the author.
Thursday, June 23, 2011
Open Road Acquires U.S. Distribution of 'The Host'