Universal Renewal
Sensio renews content licensing deal with Universal
2014-10-17 08:35 ET - News Release
Mr. Richard LaBerge reports
SENSIO AND UNIVERSAL PICTURES HOME ENTERTAINMENT RENEW DISTRIBUTION DEAL FOR U.S. AND ENTER INTO A NEW DEAL FOR CANADA
Sensio Technologies Inc. has extended its content licensing agreement with Universal Pictures Home Entertainment for the distribution of 3-D movies through its 3DGO! video-on-demand service. This pact provides access, depending on windows of availability, to Universal's 3-D titles in the United States. Additionally, Sensio and Universal have entered into a new content licensing agreement to make such 3-D titles available in Canada. The 3-D titles include such blockbuster animated films as Despicable Me and Dr. Seuss' The Lorax, as well as an impressive and exciting slate of upcoming Universal films.
"We are extremely satisfied with both the extension of our U.S. deal and the new Canadian agreement, which will help us expand our movie library and pave the way for our upcoming Canadian expansion," said Nicholas Routhier, Sensio's president and chief executive officer. "Universal is a key partner for Sensio, and its content library remains very popular with 3DGO! users. Combined, the extension and the new agreement give us access to more high-quality titles for an extended term, in a bigger territory, and is in line with our objectives. With today's announcement, we have just taken a big step forward in our development plans for 3DGO!."