ALLIANCE FILMS ACQUIRED BY ENTERTAINMENT ONE LTD.
As confirmed today, Alliance Films has been acquired by Entertainment One Ltd., having been formed in 1984. Goldman Sachs Capital Partners and Investissement Quebec which formerly owned Alliance Films and approval was received for the Transaction by the Canadian Competition Bureau last week. The final purchase price reported is a figure of $225 million (CAN), expanding eOne‘s Film Library now to 35,000 Titles.
Although changes in Personnel would not be a surprise, Alliance Films have been a huge part of our success over the past three years and I have made many wonderful Friends there who have been nothing but supportive. In fact, Alliance Films were the first Film Distributor to partner my then Blog, Mr. Will-W.:Pop Maven for Giveaways. I am forever indebted to them for all the kindness they have extended to my Readers and myself and I wish my Friends nothing but success going forward in this next chapter ahead.
For more information on the Acquisition, click here.
(Photo credit: Alliance Films)