Vine Beefs Up With Acqusition Of Manchester Film Library
Stated Jim Moore, CEO of Vine: “The Manchester transaction reinforces Vine’s strategy to leverage and parlay our expertise in managing and owning scalable entertainment assets. This library has the right blend of genres, rights opportunities and evergreen appeal that fits within our asset program.”
Moore also assumed the title of Chairman, VREG earlier this month.
As part of the catalogue, Manchester holds the Rogue film library and several other independently released films. The library includes the underlying remake and sequel rights to many of the titles.
Vine was represented in the transaction by Morgan Lewis. The seller was advised by Evolution Media Capital and represented by O’Melveny & Myers.