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MTVN, Paramount Launch DVD Studio

10/17/2005 10:36 AM Eastern

MTV Networks Music, Logo Enterprise Group and Paramount Home Entertainment said Monday that they will launch a new cross-network DVD studio.

“Committed to the development, production and promotion of films across all genres suited for each respective channel, the new DVD studio will leverage talent already thriving on-camera and behind-the-camera on all of MTV's networks in music-based, dramatic and comedic films, as well as documentaries,” the companies said in a prepared statement.

The new division also will distribute films acquired in conjunction with Paramount Home Entertainment, as well as original content.

“The creation of this new DVD studio is in response to our audiences’ voraciousness for movies and quality content," MTV Networks Music and Logo Enterprise Group executive vice president Jeff Yapp said in a prepared statement.

“We're looking forward to building on our partnership with Paramount Home Entertainment to select and develop top-notch projects, and we will support the releases on our core networks, which already serve as great platforms for established artists, as well as emerging talent,” he added.

September