Image Issues Warrants to Twentieth Century Fox
Image Entertainment Inc., a Chatsworth laser disc supplier, said it has issued warrants to Twentieth Century Fox Film Corp. entitling the movie studio to purchase shares of Image common stock.
In addition, Image has entered a four-year distribution agreement with Twentieth Century Fox Film’s FoxVideo Inc. subsidiary. Under the deal, Image has the right to acquire existing and future FoxVideo movie titles and release them on laser disc.
Exact terms of the agreement were not disclosed.
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