Lions Gate Signs Deal With Jim Henson Co.

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Lions Gate Entertainment Corp. and the Jim Henson Co. said Monday they signed a distribution deal for more than 350 hours of content, including titles such as “Fraggle Rock: The Complete Final Season” and “Fraggle Rock: A Merry Fraggle Holiday.”

The agreement gives Lions Gate, which has headquarters in Vancouver, British Columbia, Canada, and its main operations in Santa Monica, the North American distribution rights to the content from Jim Henson Co.’s film and TV library, including television series, specials and catalog home entertainment titles.

“The Jim Henson Co. has an incredibly rich legacy of properties,” said Anne Parducci, executive vice president of marketing and family entertainment, in a statement. “Adding the Jim Henson Co. name to our extensive family library is a major coup for us.”

Financial terms were not disclosed. The company plans to report first quarter earnings after the market close.

Lions Gate shares were up 26 cents, or 4 percent, to $6.23 in midday trading on the New York Stock Exchange.

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