The U.K.’s Network Distributing has sealed a deal with iconic British horror label Hammer Films to form Hammer Studios Ltd.
Network’s managing director Tim Beddows and financial director Jonathan Lack and Hammer CEO Simon Oakes will head the new company.
The new company will manage and control Hammer’s interests in its vast library of films and Hammer Studios will invest substantially both in restoration and new product development. Beddows said: “This partnership is a really exciting opportunity to merge Hammer’s amazing library with Network’s infrastructure. Whilst we work our way through restoring its entire back catalogue for future generations’ enjoyment.”
Simon Oakes added: “This new partnership will, for the first time, professionalize the restoration and creation of elements that are essential for the distribution of the Hammer library across all media.” Under the new agreement, the iconic library of Hammer Film Productions movies from the 1930s up through the 1970s will be restored and hopefully will get released on Blu-ray and other physical media.
Great news for all horror and Hammer film fans.