Image Entertainment Announces the Rollout of Its International Distribution Strategy.CHATSWORTH, Calif.--(BUSINESS WIRE)--Nov. 18, 1999-- Direct Video Distribution, Ltd. of United Kingdom to Begin Immediate Solicitation and Sale of Image-exclusive DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. Programs Image Entertainment, Inc. (Nasdaq:DISK), a leading licensee and distributor of DVD programming in North America, today announced the signing of an agreement that will see a number of the Company's exclusively held programs distributed throughout the United Kingdom and Ireland by Direct Video Distribution, Ltd. The subdistribution agreement was made with Image's joint-venture partner Aviva International, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , international sales agent for the Company's product, and Direct Video Distribution, Ltd., of Evesham, England, for DVD and videocassette A removable magnetic tape module for storing video data. The cassette contains supply and takeup reel (hubs) in the same housing. See VCR. distribution to wholesalers, rack-jobbers, video retailers, schools, libraries, institutions and Internet sales to the United Kingdom and Ireland. The first titles to be released under this new distribution agreement will be Eagles: Hell Freezes Over and Sheryl Crow: Rockin' the Globe Live, Peter Frampton: Live In Detroit Live in Detroit a 2003 release of a live performance by the band The Stooges. Track listing
A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. which will be released into the territory throughout the term of the deal. In addition to the United Kingdom and Ireland, the Company is negotiating additional distribution deals in other key territories that will significantly enhance the value of its proprietary programming through worldwide distribution. Martin W. Greenwald, Image's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , stated, "The signing of this, our first international distribution agreement, is extremely important in executing our strategy to become a worldwide video supplier. It is satisfying to know that our exclusive DVD product will secure shelf space so early in the United Kingdom's launch of the format. "The U.K. distribution deal is the model for what, I am confident, will be the first of many additional distribution deals for other territories we hope to execute and announce. The distribution of our programming throughout the world, in both broadcast and home video formats, represents the opportunity to expand Image's revenues and leverage our highly successful licensing efforts. It is my intention to seek out every opportunity to expand the worldwide presence of our programming." Visit Image on-line at: http://www.image-entertainment.com for corporate and marketing information and the latest in DVD, laserdisc An earlier optical disc used for full-motion video and interactive training. It was introduced in the late 1970s and became obsolete in the 1990s. Videodisc systems based on a stylus were introduced (see CED), but only the optical-based LaserDisc survived, although never very popular. and exclusive VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. releases. Also visit Ken Crane's DVD and Laserdisc Superstore on-line at: http://www.kencranes.com for consumer direct sales. |
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