VANCOUVER, British Columbia, Oct. 17, 2022 (GLOBE NEWSWIRE) — Amcomri Entertainment Inc. (“Amcomri” or the “Company”) (NEO: AMEN) (Frankfurt: 25Y0) (OTC: AMNNF), a global producer and distributor of independent movies, TV series and documentaries, has today provided a corporate update highlighting recent positive developments at its wholly owned subsidiary, Abacus Media Rights (“Abacus”).
“Our TV and documentary distribution business, Abacus, was one of the key performance drivers for Amcomri in the first and second quarters of 2022,” said Robert Price, Chief Executive Officer of Amcomri. “With 4,750 hours of television programming in its library, Abacus continues to experience strong demand for content from broadcasters and major streaming services around the world. With activity levels continuing to grow it is an opportune time to highlight some of Abacus’s recent successes and other developments as we look to expand our presence in the UK, North America, and around the globe.”
Top 10 rankings in 2022 Broadcast Distributors Survey
“Broadcast”, a division of Media Business Insight and a respected source of business data on the British TV sector, recently included Abacus in the 2022 Broadcast Distributors Survey ranking the business at #9 among all UK distributors. Abacus was also ranked #6 in the Distributor Peer Poll despite being a relative newcomer to the industry.
Abacus to attend MIPCOM 2022 in Cannes
Abacus will attend MIPCOM 2022 in Cannes from October 17 to 20, 2022. A full sales and acquisitions team will be present as Abacus looks to showcase an extensive range of titles and new content.
Update on Titles
Abacus achieved great sales successes in the first six months of 2022 with titles including Escape from Kabul, a feature documentary examining 18 dramatic days in August 2021 as U.S. forces withdrew from Afghanistan, being sold globally to Europe, North and South America and Asia. Abacus also confirmed deals in Europe, North and South America for the Brazilian football exclusive Brazil 2002: The Real Story, focusing on the iconic victory at the 2002 FIFA World Cup.
In addition to these titles, Abacus secured a number of key international deals across Nevision’s slate of factual and scripted shows, including the BAFTA and RTS Award-winning The Missing Children and the 13-time Canadian Screen Award nominated series Sort Of, which saw sales to Netflix, SRC and Sky.
The Ghost of Richard Harris, a key title in the Abacus repertoire, received its world premiere at the 2022 Venice International Film Festival, receiving positive feedback and coverage.
Encapsulating Amcomri’s key growth initiative of expanding through opportunistic acquisitions, Abacus has acquired international distribution rights for several titles including The Footballer, His Wife and The Crash, a documentary commissioned for ITV and ITVX in the UK, and Maxine, the three-part true crime drama surrounding the biggest manhunt in British history, premiering in the UK in October.
Back in June, Amcomri acquired the library assets and associated rights of Flame Media, a global distributor and owner of factual and documentary TV content. The acquisition significantly expanded Abacus’ TV content library. Key titles acquired as part of the Flame Media library acquisition include Life in Colour with David Attenborough, Outback Truckers, and Moors Murders.
Appointment of Anne Corsak as Sales Director for North America
Amcomri is also pleased to announce that Anne Corsak has been appointed as Abacus’ Sales Director for North America. Anne joined Abacus from Flame Media following its acquisition by Amcomri where she held the position of SVP of Content Sales, responsible for North America and Global Digital Strategy for five years. Prior to this, Anne was VP of International Sales, Acquisitions Executive – VOD for New York-based independent production and distribution company Janson Media from 2012 to 2017, and from 2004 as VP of Sales and Marketing for production and distribution company Global Telemedia.