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WASHINGTON - Independent film studio Lions Gate Entertainment Corp. said Tuesday it has reached an agreement with Walt Disney Co.'s ABC Studios to distribute several television series on DVD.
Lions Gate will distribute DVDs of programs such as "According to Jim," which stars Jim Belushi, "Reaper," "Hope & Faith," "8 Simple Rules...for Dating My Teenage Daughter" and "Kevin Hill," among others.
Terms of the deal weren't disclosed.
The agreement comes on the heels of a partnership Lions Gate reached last month with cable company Comcast Corp. to distribute DVDs of shows such as "Keeping up with the Kardashians" and "Kimora: Life in the Fab Lane."
Shares of Lions Gates rose 7 cents to 10.03 in morning trading.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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