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MGM, IFC sign deal

Duo pacts for VHS, DVD distrib

HOLLYWOOD — MGM, which acquired a 20% stake in Rainbow Media’s cable networks last year, has struck an output deal to distribute selected indie films on VHS and DVD from IFC Entertainment, a unit of Rainbow’s Bravo Networks.

The first IFC Films title on tap is the Stockard Channing and Julia Stiles thriller “The Business of Strangers” on Aug. 6.

Other titles include Arliss Howard’s “Big Bad Love,” starring and produced by Debra Winger; Alfonso Cuaron’s acclaimed “Y Tu Mama Tambien”; Brad Anderson’s “Happy Accidents,” starring Marisa Tomei and Vincent D’Onofrio; “Spring Forward,” starring Ned Beatty and Liev Schreiber; Kristian Levring’s “The King Is Alive”; and Paul McGuigan’s “Gangster No. 1,” starring Malcolm McDowell and Paul Bettany, among others.

Known for quality films

“IFC is widely recognized for its quality independent films,” said MGM Home Entertainment Group president and chief operating officer David Bishop. “We are thrilled to be given the opportunity to include these offerings in our future slate of releases.”

Jonathan Sehring, president of IFC Entertainment, which operates the Independent Film Channel, said, “We look forward to working with MGM to maximize our participation in the significant market that exists for independent films on home video.”