Feb 27, 2006 19:21 ET
Lionsgate Embraces Blu-ray With First 10 Titles Scheduled for Two-Part Rollout Beginning May 23
Oscar(R)-nominated CRASH Headlines List of Initial Releases That Include LORD OF WAR, THE PUNISHER(TM), SAW, TERMINATOR 2: JUDGMENT DAY, RESERVOIR DOGS, TOTAL RECALL, STARGATE, FRANK HERBERT’S DUNE and THE DEVIL’S REJECTS
SANTA MONICA, Calif., Feb. 27 /PRNewswire-FirstCall/ — Lionsgate (NYSE:LGF) Toronto, the leading independent filmed entertainment company, today announced plans to release 10 titles on the next-generation high-definition Blu-ray Disc (BD) to coincide with the arrival of the first commercially offered BD players in stores. The first wave, available at retail on May 23, will include CRASH and LORD OF WAR, priced at a $39.99 SRP, and THE PUNISHER, SAW and TERMINATOR 2: JUDGMENT DAY, marked at a $29.99 SRP. The second wave with five additional titles will follow shortly thereafter with a June/July date still to be determined. These BD titles include RESERVOIR DOGS, TOTAL RECALL, STARGATE and FRANK HERBERT’S DUNE priced at $29.99, while THE DEVIL’S REJECTS will be available at a $39.99 SRP. The announcement was made by Lionsgate President Steve Beeks.
“There has never been a home entertainment experience available to mass audiences like Blu-ray, and Lionsgate is pleased to be providing some of our top-line product at launch for consumers to enjoy,” said Beeks. “As a company, we have always been at the forefront in utilizing technology to offer consumers the best viewing experience. Watching a film in your living room is about to radically change forever and we can’t wait to maximize Blu-ray’s technological capabilities and see for ourselves how far we can take the home movie-watching experience.”
Lionsgate noted that Blu-ray is one of many digital technological advances that are expected to create new revenue streams for existing library product as well as new content. As studios usher in the age of high-definition DVD, Lionsgate remains at the forefront of incorporating its use, and the Company plans to follow this announcement with an additional wave of Blu-ray titles in the coming months. Lionsgate will continue to make available new releases and popular catalog titles from its prolific and prestigious library on the format throughout 2006.
About Blu-ray Disc:
The Blu-ray Disc format provides nearly five times more data storage than DVD, with an unprecedented 25 GB (single-layer) and 50 GB (dual-layer) of capacity. Blu-ray Disc players are backward compatible with other disc formats and deliver the highest quality high-definition (HD) entertainment, while providing a secure playback environment through the use of the most advanced copy protection available.
Blu-ray Disc was created to support the accelerating convergence between consumer electronics and information technology. The platform can also support numerous film, music, computer and game applications. Sony Computer Entertainment recently announced plans to utilize BD-ROM technology in their next-generation Playstation 3 system.
Blu-ray is supported by more than 170 leading hardware and software manufacturers, including the leading innovators in the CE and IT industries.
About Lionsgate Home Entertainment:
Lionsgate is the premier independent producer and distributor of motion pictures, television programming, home entertainment, family entertainment and video-on-demand content. Its prestigious and prolific library is a valuable source of stable, recurring revenue and is a foundation for the growth of the Company’s core businesses. The Lionsgate brand name is synonymous with original, daring, quality entertainment in markets around the globe.
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Adam Fenton/Elizabeth Atler Jodie Magid/Jennifer Sandler
BENDER/HELPER IMPACT LIONSGATE
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Peter D. Wilkes
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