Professional Motion Picture Production and Distribution NEWS

Redbox and Summit Entertainment Sign Distribution Agreement

By Staff
posted Nov 6, 2009, 08:34

(Los Angeles, CA and Oakbrook Terrace, Ill) Summit Entertainment, a full-service worldwide film studio and Redbox Automated Retail, LLC, announce a two-year distribution agreement which expands the depth and breadth of Summit Entertainment titles available at the more than 15,000 redbox DVD rental locations nationwide. The announcement was made by Stephen Nickerson, president of home entertainment at Summit Entertainment and Mitch Lowe, president, redbox.

"We are very pleased to enter into this agreement with Summit as it underscores our commitment to creating winning relationships for our customers and studio partners," said Mitch Lowe, president, redbox. "This agreement ensures that we will continue to deliver engaging and popular Summit movie titles to consumers at our kiosks when they are first released at an affordable price."

The agreement provides redbox customers with greater access to Summit's new release titles and popular catalog as well as the studio's direct-to-DVD titles. Feature films include the highly popular Twilight, the first in the series of the thriller romance franchise, the hit film Knowing, and the upcoming The Twilight Saga: New Moon.

"Having Summit's films distributed through the redbox network provides consumers greater access to our broad range of titles," said Stephen Nickerson, president of home entertainment at Summit Entertainment. "In addition, by redbox agreeing to destroy DVDs once they pass their rental life, the risk of low-cost, previously-viewed DVDs being sold into the market is lowered. We see this agreement as a win for both Summit and redbox."

The two year deal commences January 1, 2010. Redbox has agreed to destroy the Summit product once redbox removes it from the kiosk.

Resources:

Redbox: www.redbox.com

Summit Entertainment, LLC: www.summit-ent.com