Canadian producer-distributor Entertainment One (eOne) has acquired Australian distribution group Hopscotch for an undisclosed sum.
Based in Sydney, Hopscotch has been distributing to the Australian and New Zealand markets since 2002, with documentaries such as Bowling For Columbine, Oceans, Valentino: The Last Emperor, Solo, Spellbound and Earth From Above in its catalogue.
This deal marks eOne’s first acquisition into the Australasian market and is in line with its global expansion strategy. Darren Throop, eOne’s president and CEO, said the deal was a “momentous step forward in building our multi-territory content ownership and distribution infrastructure.”
Hopscotch released 15 titles theatrically in 2010, predominantly narrative features, and controls a library of more than 300 feature films and TV titles. Following completion of the acquisition, which is slated to happen on or around May 4, the indie will form part of eOne’s Filmed Entertainment division, which is headed by Patrice Theroux.
“Troy, Frank, Sandie and the Hopscotch team have built a world-renowned, highly-successful and dynamic business,” said Theroux. “This acquisition allows us to follow our plan to enter new markets at the highest level. We will continue to look at other opportunities to drive eOne’s expansion with a focus on growing the territories where we already have operations.”
eOne now operates in the UK, the U.S., Canada, Benelux, Australia, New Zealand, Germany, France, Scandinavia and South Africa.
“This deal enables Hopscotch to flourish as part of a larger international group,” said Troy Lum, Hopscotch’s MD. “It’s clear that eOne has successfully built a unique multi-territory film distribution operation.”