January 20, 2020 | Deadline
Universal Pictures and Warner Bros. are entering into a North America ten-year joint venture with regard to their home entertainment arms. Separate from that deal, both studios are committing to license each other’s disc products in certain offshore markets.
The new domestic j.v., which is subject to regulatory approval, will distribute Blu-ray, DVD and 4K UHD for new releases, library titles and television content in U.S. and Canada and combine sales, retail marketing and distribution ops for both majors. Leadership from Universal and Warner Bros. will be involved in this new partnership and be presided over by industry veteran Eddie Cunningham.
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