New ‘Scream’ Horror Flick Available on Digital March 1, Disc April 5

The new Scream horror flick from Paramount Pictures and Spyglass Media Group arrives for digital purchase March 1, and on 4K Ultra HD, Blu-ray and DVD April 5 from Paramount Home Entertainment.

The studio is also releasing the new film and the original 1996 horror flick in a “Scream” two-movie collection on 4K Ultra HD and Blu-ray.

The 2022 film reunites Neve Campbell, Courteney Cox and David Arquette, reprising their roles. The story takes place 25 years after a streak of brutal murders shocked the quiet town of Woodsboro as a terrifying new killer resurrects the Ghostface mask. As the deaths mount, Woodsboro’s new targets must seek help from the survivors of the original Ghostface attacks. Only Sidney Prescott (Campbell), former sheriff Dewey Riley (Arquette), and reporter Gale Weathers (Cox) can find a way to stop the killer when everyone is a suspect.

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The film also stars Melissa Barrera, Mason Gooding, Jenna Ortega, Jack Quaid and Marley Shelton.

The digital, 4K Ultra HD and Blu-ray include deleted scenes, interviews with the new and returning cast, a look at the legacy of horror legend Wes Craven, and filmmaker commentary.

Home Entertainment Drives Lionsgate Q2 Motion Picture Revenue

Strong second-quarter (ended Sept. 30) sales of catalog titles, including recently acquired third-party libraries, contributed to the Lionsgate home entertainment unit driving a 28.5% increase in motion picture segment revenue to $330.9 million, from $257.5 million in the previous-year period. Operating profit increased 22.7% to $101.8 million, from $83 million a year ago.

The motion picture group consists of the development and production of feature films, acquisition of North American and worldwide distribution rights, North American theatrical, home entertainment and television distribution of feature films produced and acquired, and worldwide licensing of distribution rights to feature films produced and acquired.

Revenue from Lionsgate’s 17,000-title film and television library totaled a record $784 million for the trailing 12 months. The Santa Monica, Calif.-based studio/distributor completed the acquisition of the 200-title Spyglass Media Group library in the quarter.

Specifically, Lionsgate generated $31.2 million from the sale of DVD and Blu-ray Disc titles, down 8% from $33.9 million in revenue during the previous-year period. Digital retail revenue neared $130 million, compared with $116 million a year earlier.

That said, physical and digital retail media revenue dwarfed theatrical, which totaled just $16 million in the quarter.

Through six months of the fiscal year, packaged-media revenue tops $65 million, down about 11% from $75.3 million a year ago. Digital transactions reached $242 million, which was down slightly from $243.9 million last year.

“Our motion picture group added to an already robust pipeline with the production starts of nine new films,” CEO Jon Feltheimer said in a statement. “[We had] another solid financial quarter with strong content generation across our business.”

Lionsgate Acquires Stake in Spyglass Media Group, Enhances Home Entertainment Catalog

‎Lionsgate has acquired the majority of the Spyglass Media Group feature film library of approximately 200 movies, and formed a strategic content partnership with the content producer headed by former MGM Studios boss Gary Barber.

The agreement gives Lionsgate a 20% investment stake in Spyglass, whose assets include the latest installment of the “‎‎Scream‎”‎ horror franchise to be released Jan. 14, 2022; feature film ‎‎The Upside‎‎; fashion competition series “‎Project Runway‎”; and the revival of the “‎‎Hellraiser‎”‎ franchise, currently in pre-production.‎ The agreement also includes a multiyear first-look television deal with Lionsgate Television.

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Barber will continue to lead Spyglass as its chairman/CEO and the senior leadership team will remain in their current roles.

Library titles acquired encompass a broad range of commercial and critical hits, including Fruitvale StationThe King’s SpeechScream 4Scary Movie 5Spy Kids 4PaddingtonSilver Linings PlaybookLee Daniel’s The Butler and a growing portfolio of Quentin Tarantino titles — Django Unchained, Inglourious Basterds and The Hateful Eight.

Lionsgate generated more than $700 million in catalog-based revenue in its most-recent fiscal year across multiple distribution channels, including retail packaged media, rental, digital sellthrough and streaming.

“This agreement continues to grow our valuable portfolio of IP while partnering us with Gary Barber, one of the leading entrepreneurs and content creators in the business,” Lionsgate CEO Jon Feltheimer said in a statement. “It is a win/win deal that creates significant incremental value for both companies while continuing to add to our global content distribution platform at a time when the demand for premium content is greater than ever.”

Spyglass strategic investors include Andy Mitchell, founder, CEO and managing partner of Lantern Capital Partners; Toby Emmerich, chairman of Warner Bros. Pictures Group; Tarak Ben Ammar, chairman of Eagle Pictures; and Mooky Greidinger, CEO of Cineworld Group.

The transaction was negotiated for Lionsgate by chief operating officer Brian Goldsmith and Lionsgate EVP and general counsel Corii Berg, with Sheppard Mullin LLP acting as legal advisor. The transaction was negotiated for Spyglass by a team headed by chief legal officer Cheryl Rodman, with Moelis & Company LLC serving as the exclusive financial advisor and Venable LLP acting as a legal advisor for Spyglass Media Group.