After the stellar sales of Mad Men last month, Lionsgate is now deepening a little more in his library to take Weeds to the market at the end of this year.
“We’re preparing our next big weeds for syndication in the fall,” Jon Feltheimer said Thursday after the corporation’s most recent earnings report was released. At the checkout, the CEO repeats his own comments last November. The harvest was done through Lionsgate’s head of TV, Kevin Beggs, May Beggs, the analysts, said at the time that the corporate was “encouraged through what we’re seeing with Mad Men and the excitement of monetizing the extra weeds in its fourth cycle. “”
Exploring the expansion assets of its library holdings, which include Netflix’s Locked-in Orange is the new black and the Expanding Force franchise, Lionsgate’s quarterly report on the effects saw its library’s cash cow at a record $219 millions. the last quarter. Television profits jump almost 40% to $34. 9 million, largely thanks to this Mad Men box set.
Capitalizing on developing demands for content as more platforms emerge and embrace legacy properties, Lionsgate is contemplating a sale similar to the ports of call made through the acclaimed Matthew Weiner-created series I heard.
The second sale of Mad Men took place at Amazon and IMDBTV worldwide and on platforms of its old AMC house nationwide. In addition, after having had its first license in Netflix in recent years, the series led by Jon Hamm will be seen in Starzplay, owned by Lionsgate, in its European and Latin American markets, as well as in Japan.
Unlike Mad Men, the build-up to an 8-weekend sale or sale comes while Starrer via Mary Louise Parker has a series in progress on Starz.
Likely to provide some extra marquee value and cash margin multiples to any Weeds deal, the latest installment of the Jenji Kohan created show is set to pick up a decade after the 2012 end of the original Showtime aired series. In the continuation of the multiple Emmy winning show, Parker’s pot selling suburbanite Nancy Botwin and the rest of her family and crew are now doing business in an era of legalized marijuana.
The reboot of the Lionsgate TV producer series was first unveiled back in November 2019.
Parker has signed on to star produce and direct the new series, currently called Weeds 4. 20. Victoria Morrow, alum of the first Weeds, is on board as EP and EP of the sequel. Series author and original Weeds showrunner Kohan, who signed an exclusive deal with Netflix in 2017, is not attached to the reboot.