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Universal and Liongate sign deal to develop TV projects
By Andy Malt | Published on Tuesday 7 August 2018
Universal Music has signed a new deal with film and TV company Lionsgate. It will see the latter work on telly projects with Polygram Entertainment, the film and TV unit established by Universal Music last year.
Universal will also handle the soundtracks for these new projects, which continues an ongoing relationship between the two companies in this domain. Universal labels have previously put together soundtracks for films including ‘La La Land’ and ‘The Hunger Games’.
“We’re THRILLED to expand our relationship with Universal Music Group, one of the world’s most innovative music companies and home to some of the greatest musical talent and recordings in existence”, says Lionsgate Television Group’s Chair Kevin Beggs, seemingly keen to lavish praise on his business partner.
“With Polygram, UMG has produced award-winning films and we can’t wait to see what we can accomplish together in television” he goes on. “We see so much opportunity for storytelling in the talent and properties that UMG represents, and we look forward to working together to bring these incredible stories to life in a way that resonates with a global audience”.
Universal Music EVP Michele Anthony adds: “We’re excited to partner with Lionsgate, one of the premiere entertainment companies in the world, to create an unmatched opportunity for our artists and labels and the stories they inspire, as well as draw from the goldmine of genres, time periods and legendary figures represented by our rich and storied catalogue”.
Briefly pausing to brag about the all new Polygram business, she continues: “Polygram has quickly become a home for Hollywood’s brightest creators and this partnership is a significant step in our television and audio-visual strategy, as well as our evolution as a global media company”.