MUMBAI: Universal Pictures has entered into a five-year distribution deal with Media Rights Capital (MRC) in which the former has agreed to distribute twenty films that MRC would produce in the next five years beginning from 2011.
Under the terms of the deal, Universal has committed to release the films domestically. Both the companies have also agreed to partner each other on worldwide release of individual titles.
Under the deal, MRC will pay Universal a distribution fee for handling distribution and marketing of four titles a year to Universal‘s release slate. Universal, will continue to produce and distribute an equal number of films every year.
Both Universal and MRC had earlier collaborated on Sacha Baron Cohen‘s Bruno, the to-be released The Adjustment Bureau written and directed by George Nolfi and M. Night Shyamalan horror thriller Devil."
