Vivendi Entertainment, holding exclusive Home Video distribution rights with WWE and other large independent content providers for the US market, has been sold this week.
Colorado-based company Gaiam acquired Vivendi Entertainment from Universal Music Group Distribution Corp. for $13.4 million. According to Gaiam, the new company (to be known as Gaiam Vivendi Entertainment) will control 14% of the nontheatrical distribution market.
You may recall Vivendi Entertainment first acquired WWE’s domestic DVD distribution through the assets of Genius Products, back in 2009.
We’ve had collaboration with Universal Music Group, the entity which sold off Vivendi on Tuesday, in the running of WWEDVDNews over the past two years.