It's frustrating. We consider ourselves pretty flexible deal makers in terms of trying to figure out a creative arrangement between the network and ourselves in terms of co-ownership of programming.
We are acquiring a company with a strong distribution infrastructure, a valuable library and a gifted, experienced and highly entrepreneurial senior management team.
We would like them to think of us in cinema and video as a first stop. I don't want to release just one movie. I want to build and feed this audience.
With the addition of our theatrical product, catalogue and the other resources we will provide, we intend to mirror in the U.K. the successful growth strategy we have executed in North America.
I have worked closely with Sandra over the past 15 years, and she is one of the savviest business executives in the television industry, ... The teaming of Sandra's business acumen and Kevin's creative instincts positions Lions Gate Television for continued profitable growth.
Our financial results continued to reflect our core business ability to generate strong positive free cash flow and revenue.
This acquisition would be consistent with our desire to broaden and deepen our library of filmed entertainment, as well as to add an important musical component, and, as we discussed, to introduce (Image Entertainment) as a new studio label focusing on specialty theatrical content.
Just as we have demonstrated with music, we believe that Starbucks can ultimately change the rules of the game for film marketing and distribution.
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