Media 8 Ent, Blockbuster Inc. join hands

MUMBAI: Media 8 Entertainment, the film entertainment company engaged in the production, financing, acquisition, and worldwide licensing of theatrical feature films, and Blockbuster Inc., the global provider of in-home movie and game entertainment have entered into a comprehensive long-term business arrangement.
Blockbuster, Senior Vice President Media Development and Studios, Matthew Smith said, “We are very happy to enter into this arrangement with Media 8. Media 8 has produced an exceptional slate of independent theatrical product, and we welcome the opportunity this deal gives us to benefit from, and to help Media 8 maintain and enhance, its flow of these high quality theatrical films.”
“We are exceedingly pleased with this new business association with Blockbuster and look forward to a mutually beneficial relationship over the coming years. As we assemble and go into production on our next slate of films, it’s of great value to know that this relationship will significantly strengthen the commercial prospects of our future projects,” added Media 8 Entertainment, President, Stewart Hall. 
Media 8 has also entered into agreements to secure the continued employment of certain officers and other key personnel necessary to the ongoing activities of the company.