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Cinram to manufacture MGM discs for European markets

Cinram has extended the scope of its North American replication agreement with MGM and broadened its relationship with the studio through a multi-year, European replication agreement.

"We have worked very closely with MGM over the last three years, establishing a strong partnership, and we look forward to continuing to build on this relationship with the extension of our agreement beyond its original mandate," said Cinram Chief Executive Officer, Dave Rubenstein. "The new agreement expands Cinram's market reach in Europe by leveraging our existing assets and distribution infrastructure in France, Germany and the United Kingdom."

In March 2004, Cinram first signed an exclusive, multi-year DVD and VHS manufacturing and distribution agreement with MGM for the United States and Canada. Cinram will now also become the exclusive manufacturer of DVDs for MGM in the major Western European countries under a new agreement, effective in the first quarter of 2007.

MGM's library encompasses 4,000 movie titles and 10,000-plus episodes of television programming, a large number of such titles and episodes are available for home entertainment release.

Story filed 17.01.07

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