Vancouver's Lions Gate Entertainment (NYSE:LGF) has acquired the distribution rights to popular television shows airing on E! Entertainment Television, The Style Network and G4.
The deal with Comcast Entertainment Group gives Lions Gate's home entertainment division first-look rights to distribute popular shows on DVD.
The first program to be released under the new agreement is E!'s tanning salon reality series "Sunset Tan." Other releases include "Keeping Up with the Kardashians" and "Snoop Dogg's Father Hood."
Lions Gate has bucked the industry trend in the TV-to-DVD market by posting double-digit growth between 2006 and 2007.
Lions Gate's share price range during the past week: between US$10.08 and US$10.68; 52-week high: US$11.59, 52-week low: US$8.43.