Image Entertainment Inc. said Wednesday that it signed a five-year distribution deal with Universal Music Group to distribute Image’s music and music-related urban programming in Europe, Africa, South America and the Middle East.
Image Entertainment said the agreement covers DVD, Blu-ray, digital and television broadcast rights and music from its entire catalog of music and music-related urban titles and upcoming titles. The company’s urban catalog includes albums by R.Kelly and the late Notorious B.I.G. and live performances by the likes of Elvis Presley, The Who and James Brown.
“Universal Music Group has incredible muscle in these regions, and we are confident our programming will get proper marketing and sales exposure through all forms of distribution,” Barbara Gomperz-McCarney, Image’s executive director of international sales and operations, said in a statement.
Image shares were up 2 cents, or 2.3 percent, to 89 cents in midday trading on the Nasdaq.