ANCHOR BAY ENTERTAINMENT ENTERS THE UMD MARKET WITH SIX OF ITS MOST POPULAR FILMS
Company Sets August 23rd Street Date
PRESS RELEASE
FOR IMMEDIATE RELEASE
June 20, 2005
TROY, MI - Anchor Bay Entertainment, a leading independent company, announced today its entrance into the Universal Media Disc (UMD) marketplace with six popular films. On August 23rd, the company will release Halloween, Evil Dead, Time Bandits, Blood the Last Vampire as well as Manga Entertainment's Ghost in the Shell and Ninja Scroll on UMD. Each film will carry a suggested retail price of $19.98.
"The format has done well in its early stages," commented Ray Gagnon, Sr. Vice President Sales for Anchor Bay Entertainment. "Our demographics match up very nicely with those of the PSP adapter and as such, we are confident our films will be successful on the UMD format. This slate is only the beginning from our company."
All of the titles in the first release launch are noted for their strong and consistent sales. Both Halloween and Evil Dead are annual best-sellers.
Anchor Bay Entertainment is an established leader in the field of home entertainment. The company offers an expansive selection of award-winning, notable theatrical films including "Time Bandits" and "Halloween," classic television programming such as "Three's Company," "Highlander" and much of the Stephen J. Cannell library, traditional children's fare featuring the ever-popular Thomas & Friends collection and Mr. Rogers Neighborhood, the impressive Manga anime line and chart-topping fitness titles including the "Crunch" and "For Dummies" series. Anchor Bay Entertainment, along with its co-owned sister companies, Film Roman Inc., Mainframe Entertainment Inc. and DKP Studios, is aggressively developing a wide range of original programs and concepts in addition to licensing existing brands and films.
Anchor Bay Entertainment is a subsidiary of IDT Entertainment; IDT Entertainment is focused on developing, acquiring, producing and distributing computer-generated as well as traditional animated and live productions for the film, broadcast and direct-to-consumer markets. IDT Entertainment is a division of the IDT Corporation with common shares traded on the New York Stock Exchange (NYSE: IDT; IDT.C). Anchor Bay Entertainment, IDT Entertainment and IDT Corporation can be accessed via the web by visiting www.anchorbayentertainment.com, www.idtentertainment.com and www.IDT.net.
FOR MORE INFORMATION CONTACT:
Sue Procko
Sue Procko Public Relations
323/653-5153