Lionsgate Re-Releasing Oscar-Winner ‘La La Land’ in Chinese Theaters For Christmas

Lionsgate’s Oscar-winning La La Land, directed by Damien Chazelle and starring Ryan Gosling and Emma Stone, will be re-released in Chinese theaters by movie financier/distributor JL Film on Dec. 22.

Since its first release in 2016, La La Land has become a classic, regarded as one of the best movies of the 21st century, and one of the greatest movie musicals of all time. The six-time Academy Award-winning film was also honored with a clean sweep at the Golden Globes – seven nominations and seven wins.

The movie holds the box office record for original live-action movie musicals with a global box office of $470 million and Chinese box office of $35 million.

The theatrical re-release comes asLa La Land in Concert” marks its sixth year of touring worldwide and Lionsgate continues to expand the intellectual property, with a Broadway musical adaptation in the works from Emmy and Tony Award-winning producer Marc Platt.

For Chinese moviegoers, re-releasing La La Land for its seventh anniversary holds a special significance because seven years symbolizes a lifetime bond. The movie continues JL Film’s track record of investing in overseas theatrical hits. Earlier this year, the company released Lionsgate’s The Expendables 4 in China.

La La Land has so many fans across the world, and that’s especially true of China, where audiences have embraced its timeless love story and song-and-dance magic,” Wendy Reeds, EVP International Sales at Lionsgate, said in a statement.

La La Land is part of the inaugural slate of theatrical re-releases from China Film Group.

“We look forward to bringing La La Land to a large number of Chinese fans,” said Ricky Qi, president of JL Film.

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Lionsgate’s Oscar Winner ‘La La Land’ Headed to Broadway, ‘Joy Ride’ to SXSW

Lionsgate Feb. 7 announced that six-time Academy Award-winning movie La La Land will be heading to the Broadway stage. The Santa Monica, Calif.-based studio is developing a musical based on the 2016 box office hit, which was written and directed by Damien Chazelle, and starred Ryan Gosling and Emma Stone.

The movie, which follows an aspiring actress (Stone) and a jazz musician (Gosling) as they pursue their dreams in Los Angeles, earned Oscars for best director, actress in a leading role, production design, cinematography, original score and original song.

The show will be directed by Tony Award and Drama Desk Award-winning director Bartlett Sher based on a book written by the Pulitzer Prize-winning playwright Ayad Akhtar and three-time Barrymore Award winner Matthew Decker. The stage adaptation will feature music by the film’s composer and two-time Academy Award winner Justin Hurwitz and lyrics by the Oscar and Tony-winning composing team Benj Pasek and Justin Paul.

“La La Land in Concert” is currently touring worldwide in its sixth year.

“We’ve assembled a world-class team to create a musical that will delight La La Land’s millions of current fans and introduce the property to a whole new audience,” Emmy and Tony Award-winning producer Marc Platt said in a statement.

La La Land’s planned adaptation to the Broadway stage follows the launch of several live stage productions based on Lionsgate movie and television properties, including Dirty Dancing, Now You See Me, Wonder and “Nashville.”

The deal was negotiated for Lionsgate by Jenefer Brown, EVP, head of global products and experiences, and Eva Feder, EVP, business and legal affairs, and Stefan Schick at Loeb & Loeb.

Separately, Lionsgate said it would debut the global premiere of Asian comedy Joy Ride at the South by Southwest (SXSW) Conference and Festivals March 17 in Austin, Texas.

Lionsgate Motion Picture Segment Q1 Revenue Declines Due to Lack of High-Profile Home Entertainment Releases

Lionsgate Aug. 9 said its motion picture segment, which includes home entertainment, reported a 23% decline in first-quarter (ended June 30) revenue to $365.3 million from $472.4 million in the previous-year period.

Operating income fell 41% to $51.6 million compared to operating income of $86.9 million last year.

Specifically, motion picture packaged media revenue topped $76.5 million, down 43% from $132.5 million during the previous-year period. Digital media revenue fell 15% to $86.2 million from $101.5 million.

Packaged media sales of TV content topped $1.8 million, up 64% from $1.1 million last year. Digital sales plummeted 60% to $16.1 million from $41.6 million.

The studio attributed the decline in part to year-over-year home entertainment revenue from John Wick: Chapter 2 and the international revenue from Oscar winner La La Land.

Indeed, John Wick: Chapter Two generated $29.3 million on sales of 1.7 million combined DVD/Blu-ray Disc units in 2017, according to The-Numbers.com.

Media networks segment revenue increased by 3% to $354.9 million due to solid OTT revenue growth. Segment profits were essentially flat from the prior year quarter due to costs associated with Starz’s international rollout and a moderate increase in domestic marketing spend. Domestic subscribers increased 300,000 sequentially in the quarter, reaching 23.8 million, with growth in both traditional MVPD and OTT subscribers.

Television production segment revenue increased by 7% to $279.4 million in the quarter as gains in domestic license fees and international revenue offset the comparison to a prior year quarter that included a digital media licensing agreement for the Starz original series Power. Segment profit decreased by 64% to $15.6 million in the fiscal quarter.

“Our global content machine is operating at full throttle, and we continue to invest in a programming and international rollout strategy at Starz that is working,” CEO Jon Feltheimer said in a statement. “Our initiatives in the quarter continued to strengthen Lionsgate’s stature as a unique and essential part of the media ecosystem.”