M+E Daily
Technicolor Picks Up Warner DVD Business
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Following Cinram’s announcement that Warner Home Video was ending its exclusive relationship with the DVD services company, rival disc manufacturer Technicolor says that it will fulfill the studio’s DVD and Blu-ray replication and distribution needs.
Technicolor announced on Feb. 2 that it expects its new long-term contract with Warner Bros. to start generating material revenue in third quarter of this year. The Paris-based company says that the deal also covers other aspects relating to strategic technology initiatives.
“We are extremely excited to be working with Warner Bros., the recognized world leader in packaged media,” said Frederic Rose, Technicolor CEO, in a statement.
Cinram stated that it would continue to provide services to Warner Home Video through July 31.
Prior to Technicolor’s announcement, a Warner Bros. spokesperson issued a statement saying: “As part of our standard practices, we are constantly looking at the systems we have in place and evolving them to meet our changing needs. The decision to change our video replication and distribution vendor, while difficult to make, is the right one for us at this time.”
