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Article: Michael Eisner's Vuguru and Rogers Media Strike Investment and Distribution Deal.
- Article from:
- Entertainment Business Newsweekly
- Article date:
- November 15, 2009
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Michael Eisner's new media studio, Vuguru, has secured an investment and distribution partnership with Canada's Rogers Media, the two companies announced. Vuguru, which previously operated inside of The Tornante Company LLC, will become a stand-alone entity as part of the deal, effective immediately. Michael Eisner will serve as Chairman of the newly-formed company's Board of Directors. Rogers and Vuguru have also entered into a long-term distribution agreement for the exclusive Canadian rights to future Vuguru projects.
The financial and distribution guarantee ensures that Vuguru will remain at the forefront of the ever-evolving business of original new media ...