Philips nabs film rights

Philips Media has signed an agreement to distribute 30 films from the MGM and UA libraries for the compact disc-interactive system, using the recently developed MPEG-1 standard, which allows for full-screen, full-motion video.

While neither executives of MGM/UA nor Philips would disclose financial details, sources said the deal would bring several million dollars to the studio for the rights to the titles.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading