Cinedigm, Universal strike supply deal
Cinedigm and Universal Studios Home Entertainment have signed a multi-year deal whereby Universal will provide comprehensive supply-chain services across North America for Cinedigm’s DVD and Blu-ray library.
Cinedigm’s existing sales force will continue selling directly to customers.
The arrangement encompasses Cinedigm’s library of more than 5,000 titles which includes award-winning documentaries from Docurama Films, features from Flatiron Film Company and filmmaker-driven and festival picks through partnerships with the Sundance Institute and Tribeca Film.
“Having worked with Craig Kornblau at both Disney and Universal, I’m thrilled to be working with him and the entire Universal Studios Home Entertainment team again,” said Cinedigm chairman and CEO Chris McGurk [pictured].
“With Universal by our side, we look forward to rapidly expanding our home entertainment business and are certain that more opportunities to work together will develop as this partnership evolves.”
“Cinedigm is an excellent complement to our evolving portfolio of distribution partners,” said Universal Studios Home Entertainment president Kornblau.
“Chris and his team have created an innovative, entrepreneurial and fast-growing company with a substantial film and television library, which, paired with Universal’s formidable home entertainment distribution structure, effectively positions our companies for a long and prosperous collaboration.”
Cinedigm chief strategy officer Bob Fiorella negotiated the agreement with the studio.