Image Entertainment Signs Exclusive Sales and Distribution Agreement with Newly Formed Revolver Entertainment LLC, a Subsidiary of the Highly Acclaimed UK-Based Revolver Entertainment LTD
Inaugural Release 3000 Miles: Gumball 3000 Slated for November 2007
CHATSWORTH, Calif.--(BUSINESS WIRE)--Image Entertainment, Inc. (Nasdaq:DISK), a leading independent licensee, producer and distributor of entertainment programming in North America, today announced the signing of an exclusive distribution agreement with Revolver Entertainment LLC and UK-based Revolver Entertainment LTD. The agreement pledges exclusive home video and digital distribution rights to Image. It is anticipated that Image will distribute approximately 12-15 titles over the first year of the agreement.
The first DVD title to be released under the new Image/Revolver agreement is 3000 Miles: Gumball 3000, currently scheduled for a November release. 3000 Miles: Gumball 3000 follows Tony Hawk (Lords of Dogtown), Bam Margera and Ryan Dunn (both of MTV’s “Jackass”), skateboarding champion Mike Vallely, and BMX rider Mike Escamilla as they team up to race 3,000 miles around the world in eight days during Gumball 3000, the world’s largest cult car racing event. In addition to the annual rally which bears its name, Gumball 3000 is recognized as one of the fastest-growing lifestyle brands in the world. Image Entertainment’s 3000 Miles: Gumball 3000 DVD captures all of the action, adventure and “Jackass”-style antics from London to Los Angeles.
“We’re looking forward to helping Revolver launch the first of many releases here in North America. Our companies have been working together for several years, primarily in the UK market and, over this time, have built a solid relationship. Image’s sales and distribution strengths combined with Revolver’s marketing abilities will certainly make for an exciting future,” stated David Borshell, Image’s Chief Operating Officer.
Revolver Entertainment’s Vice President Sebastian Marciano said, “Everyone at Revolver is thrilled to be partnering with our long term friends at Image Entertainment. Revolver has earned a reputation in the UK for using aggressive and innovative marketing to achieve strong retail success stories, and will mirror the same proven business model here in North America. I’m looking forward to building a first class team to work on the great titles we have coming through. This is a very exciting time for Revolver as we prepare to enter this new market.”
About Image Entertainment:
Image Entertainment, Inc. is a leading independent licensee, producer and distributor of entertainment programming in North America, with approximately 3,000 exclusive DVD titles and approximately 250 exclusive CD titles in domestic release and approximately 450 programs internationally via sublicense agreements. For many of its titles, the Company has exclusive audio and broadcast rights and, through its subsidiary Egami Media, Inc., has digital download rights to approximately 2,000 video programs and over 250 audio programs containing more than 4,000 tracks. The Company is headquartered in Chatsworth, California. For more information about Image Entertainment, Inc., please go to www.image-entertainment.com
About Revolver Entertainment LLC:
Formed in 2007, Los Angeles-based Revolver Entertainment LLC is a wholly owned subsidiary of leading independent UK distributor Revolver Entertainment LTD (formed in 1997), currently ranked as the UK’s 14th largest 'All Rights' distribution company. Combining experience from distribution, production, broadcast, PR, journalism, marketing, creative and advertising backgrounds, Revolver brings a unique skill set to all elements of a release campaign. Since 2003, Revolver has garnered consecutive British Video Association (BVA) and Home Entertainment Weekly (HEW) industry awards in the UK. Recently described by the UK trade press as “downright dripping in street cred,” the company continues to re-invent release strategies, delivering award-winning campaigns and creating chart topping success stories. For further information on Revolver Entertainment, please visit http://www.revolvergroup.com
