Add another 3-7MM/year in revenues for DFNL!
>>Tuesday April 14, 11:26 am Eastern Time
Company Press Release
SOURCE: Definition, Ltd
Definition, Ltd Signs Distribution Package With Quality Video, Inc.
LAKE PARK, Fla., April 14 /PRNewswire/ -- Blue Sage Entertainment, a subsidiary of Definition, Ltd (OTC Bulletin Board: DFNL - news) announced that they have signed a distribution agreement with Quality Video, Inc., a Minneapolis, MN based marketing and distribution company. Blue Sage Entertainment has a film library in excess of 6,000 films and the capability to produce additional films and documentaries. It is the intention of Quality, based on market demand, to release up to 10 new videos a month in various markets. This new contract is expected to generate approximately $3-7 million per year, depending on the number of titles released.
Steven T. Gallagher, Quality President, said, ''The new management teams of both companies are very excited about this opportunity of teaming with each other and look forward to the enhanced growth potential of both companies. In order to gain a larger portion of the video distribution market, we have made it our mission to do more partnering with companies like Blue Sage Entertainment. Just with this agreement alone, Quality will see a minimum of 25% growth during our next fiscal year.''
SOURCE: Definition, Ltd
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