STX Entertainment Press Release

Transcription

STX Entertainment Press Release
FOR IMMEDIATE RELEASE
MEDIA CONTACTS:
Kim Sudhalter
Urban Legend PR
C: 213.369.6062
[email protected]
HOLLYWOOD SOFTWARE SIGNS EXCLUSIVE DEAL WITH
STX ENTERTAINMENT
TO UTILIZE ITS DISTRIBUTOR SOFTWARE
FOR DISTRIBUTION
LOS ANGELES, CA, April 20, 2015 – Woodland Hills-based Hollywood Software announced today
that it has signed an exclusive deal with motion picture and television studio STX Entertainment
to use Hollywood Software’s Distributor software for its core distribution needs. Distributor
manages theatrical distribution across multiple territories from a single application. Hollywood
Software’s system was chosen over several competitors for its ease of use, wide-reaching
functionality and speed.
“STX Entertainment has all the advantages of being a brand new studio,” said David Gajda,
Executive Chairman, Hollywood Software. “They are a clean slate able to take advantage of
established best practices developed over many years of distribution experience. When
compared to other software on the market, we believe our recent migration to the cloud and
our system’s impressive response time made us the ideal choice for STX. We are excited to give
them the tools they need as they get ready to release their first slate of films.”
“After researching all of the software in this unique space, we felt that the Distributor product
was the best system in the marketplace today,” said Kevin Grayson, President, Domestic
Theatrical Distribution for the STX Entertainment Motion Picture Group. “Hollywood Software
has shared with us their long-range plans for further enhancements and software development,
and we could not be more impressed with their product or commitment to creating the best,
state-of-the-industry software today.”
“Hollywood Software worked closely with STX Entertainment to arrive at this deal,” added Larry
McCourt, SVP Sales & Marketing, Hollywood Software. “We provided a flexible plan that met
their needs quickly and efficiently, allowing room for expansion in the years to come. We look
forward to being an integral part of their future growth.”
ABOUT HOLLYWOOD SOFTWARE:
Hollywood Software partners with Hollywood movie studios, independent movie distributors,
and exhibitors by bringing enterprise software to the marketplace to run their distribution and
exhibition businesses. Hollywood Software develops the tools for managing all key elements of
digital theatrical distribution and exhibition. Hollywood Software's Theatrical Distribution
System (Distributor) is installed in more than 30 distribution companies in the US and Canada
including 20th Century Fox, Universal Pictures and Lionsgate. Their Digital Cinema Theatre
Management System (TCC) product was the pioneer product in the marketplace and is
currently used to manage more than 15,000 screens worldwide. Their Royalty Transaction
Service (RTS) software efficiently manages complex rights licensing and royalty obligations. And
their newest offering, Hollywood B.O.S.S, provides resources to handle Flash, BOR and voucher
processing as well as cash collections. For more info, visit www.hollywoodsoftware.com.
ABOUT STX ENTERTAINMENT
STX Entertainment is a fully-integrated motion picture and television studio specializing
in the production, marketing, and distribution of talent-driven films and
television programming. The multi-platform studio is rapidly moving to include digital
production and distribution, in addition to gaming. It is the first major studio to
be launched at this scale in Hollywood in more than twenty years.
STX Entertainment is led by prolific businessman Robert Simonds and was co-founded
by TPG Capital, a leading global private investment firm with $65 billion of capital under
management. In addition to backing from TPG Capital, additional investors include blue
chip financial partner Hony Capital, a leading private equity firm in China; and business
interests of Gigi Pritzker and Beau Wrigley, among others.
STX Entertainment recently announced its first four theatrical release dates. On July 31,
2015, the studio will release The Gift contemporary psychological thriller from Jason
Blum's Blumhouse, directed by Joel Edgerton and starring Jason Bateman, Rebecca Hall
and Edgerton. Secret in Their Eyes will be released on October 23, 2015. The crime
thriller is written and directed by Billy Ray and stars Chiwetel Ejiofor, Nicole Kidman
and Julia Roberts. On January 22, 2016, STX will release The Boy, a horror film from
director William Brent Bell (The Devil Inside), written by Stacy Menear and starring
Lauren Cohan (“The Walking Dead”). And March 11, 2016, brings the release of the epic
action-drama The Free State of Jones, starring Matthew McConaughey, Gugu MbathaRaw, Keri Russell and Mahershala Ali from writer-director and 4-time Academy Award
nominee Gary Ross.
For more information about the studio, please visit www.stxentertainment.com.
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