Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Universal And Paramount Renew Home Entertainment Deal

Universal And Paramount Renew Home Entertainment Distribution Deal In New Zealand

Auckland, 19th September 2011 – Universal Pictures International Entertainment (UPIE) and Paramount Home Entertainment International (PHEI) today announced the renewal of their home entertainment distribution agreement in New Zealand. The announcement was made by Michael Coley, Country Manager, UPIE, New Zealand and Olivier Tena, EVP, Latin America, Asia Pacific & International Licensees, Paramount Home Entertainment International.

Universal has been distributing Paramount DVD and Blu-ray product in New Zealand since October 2009. Since then, successful Paramount releases have included Transformers 2, Star Trek, Watchmen, Monsters vs. Aliens and G.I. Joe. As part of the renewed deal, highly-anticipated upcoming titles scheduled for release include Thor, Captain America: The First Avenger, Super 8, Kung Fu Panda 2, Cowboys & Aliens and Transformers: Dark of the Moon.

Paramount’s renewal is a testament to the expertise of Universal’s local team that continues to deliver major successes such as the record-breaking local NZ hit, Boy. Paramount’s market share has increased over the last two years with successes like The King's Speech (the second highest home entertainment new release in NZ in 2011, next to Harry Potter) and Iron Man 2 throughout the period. The amazing breadth of content allows Universal to provide customers with excellent service and to offer consumers a wide variety of choice.

Michael Coley commented, “We are proud of our work with Paramount’s slate over the past two years, and their renewal is a testament to our success. With the addition of Paramount’s fantastic content to our portfolio, we are able to offer our customers incredible choice and build new, innovative business opportunities in the market.”

“We have been extremely pleased with Universal’s work in New Zealand on our behalf and are delighted to be extending our agreement,” said Olivier Tena. “The team’s strength has been proven over the last two years and we feel confident putting our upcoming slate in their very capable hands.”

About Universal Pictures International Entertainment

UPIE is part Universal Pictures, a division of NBCUniversal - one of the world’s leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. Comcast Corporation owns a controlling 51% interest in NBCUniversal, with GE holding a 49% stake.

About Paramount Home Entertainment International

Paramount Home Entertainment International (PHEI) is part of Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment. PPC is a unit of Viacom (NYSE: VIA, VIA.B), a leading content company with prominent and respected film, television and digital entertainment brands. PHEI is responsible for the sales, marketing and distribution of home entertainment products on behalf of various parties including: Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, Paramount Famous Productions, Nickelodeon, MTV, Comedy Central, CBS and PBS and for providing home entertainment fulfillment services for DreamWorks Animation Home Entertainment.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Energy Resources Aotearoa: Doubling Of Coal Use Shows Need For Local Natural Gas

New figures showing a near doubling of coal-fired electricity generation highlight New Zealand’s energy shortage and the need for natural gas as a lower carbon alternative, according to Energy Resources Aotearoa... More>>

E Tu: ‘Sense Of Mourning’ As Norske Skog Mill Set To Close

Workers at Norske Skog’s Tasman Mill now know they’ll be losing their jobs in little over a month’s time.
On Wednesday afternoon, workers were told the mill will be stopping production from the end of June... More>>

Stats NZ: Card Spending Sees Strong Growth In May

Seasonally adjusted card spending rose by $189 million (2.3 percent) between April 2021 and May 2021, Stats NZ said today.
Spending rose across all industries for the first time since New Zealand moved to level 1 in June 2020... More>>

Catalist: NZ’s New SME Stock Exchange, Gets Licence To Go Public

New Zealand has a new stock exchange – designed specifically for small and medium-sized businesses (SMEs) to raise up to $20 million a year from the public.
Called Catalist, the exchange has already been successfully working the private investment sector.... More>>

E-Commerce: Over 40% Of Those Engaged In The Bitcoin Community Are Millennials

Bitcoin has emerged to be a popular topic among millennials with digital currency increasingly being viewed as a potential source of creating wealth through investments. The interest in bitcoin by millennials signals the role this age group plays in the possible realization of the digital currency’s mass adoption... More>>

Stats NZ: New Zealand Is Getting Drier

While there is natural variation in precipitation due to seasons and cycles, New Zealand appears to be getting drier, Stats NZ said today... More>>