CHATSWORTH, Calif., Oct. 28 /PRNewswire/ — Image Entertainment, Inc.
(Nasdaq: DISK), the largest independent licensee and distributor of optical
disc programming in North America, today announced that it has shipped its
200th exclusive DVD title, the THX-certified Special Edition of Bull Durham.
Martin W. Greenwald, Image’s President and CEO, stated “The release of
200th exclusive DVD title demonstrates the Company’s ability to secure a
volume of programming as well as illustrates our commitment to the expansion
of the DVD format. From the release of Image’s first DVD title in June
it has taken us seventeen months to build a catalogue of 200 exclusive
These 200 DVD titles represent approximately 10% of the estimated 1800 to
2000 titles currently in domestic release.”
The Company plans to release an additional 400 titles in calendar year
1999 ranging from major motion pictures to blockbuster music programming and
special interest titles. If achieved, the Company’s market share would
represent more than 15% of the estimated 3500 titles forecast to be in
distribution by the end of next year. Image will continue to expand its
base to take advantage of the growth in DVD software, forecast to be a
$6 billion retail market by 2003. Our goal is to be the most prolific
independent distributor in the DVD software industry,” continued Greenwald.
Bull Durham stars Kevin Costner, Tim Robbins and Susan Sarandon in the
story of a North Carolina minor league baseball team. Director Ron Shelton
lends an audio commentary to the release and the DVD’s widescreen transfer
been enhanced for 16 X 9 televisions.
Image Entertainment ranks among the top eight producers of DVD software
North America, with its number of titles surpassing most all of the major