Entertainment One acquires Alliance Films

Today the Board of Entertainment One Ltd. announced the completion of its transaction to acquire Alliance, the leading independent distributor of filmed entertainment products in Canada, the United Kingdom and Spain. The acquisition was made for approximately $225 million dollars, and makes Entertainment One the largest independent distributor in both Canada and the UK. “This acquisition delivers on eOne’s long-term growth strategy to invest in content, maximize rights ownership and expand our international footprint,” said Darren Throop, President & CEO, Entertainment One. “We want to recognize Alliance’s leaders who have built a passionate team with a remarkable understanding of the international film business and their markets. We look forward to forging relationships with our new partners, representing the very best in independent film across the globe, and delivering opportunities for continued growth by eOne on a multi-territory multi-platform basis. This acquisition better positions eOne to generate significant value for shareholders.”

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