RLJ Entertainment, Inc., an entertainment content distribution company, acquires content rights in British mysteries and dramas, urban-themed programming, and full-length motion pictures in the United States, the United Kingdom, and internationally. It operates through three segments: Intellectual Property Licensing, Wholesale, and Direct-to-Consumer. The company secures rights to third-party programs; and develops, produces, and owns original drama television programming, as well as offers fitness programs through its Acacia brand. It has a program library in genres, such as British mysteries and dramas, urban/African-American, action/thriller and horror, fitness/lifestyle, and documentaries under the Acorn, RLJE Films, Urban Movie Channel, Acacia, and Athena brands. The company also owns, produces, and exploits intellectual property rights in various formats, including DVD, Blu-ray, digital, cable and satellite broadcast, video-on-demand (VOD), streaming video, subscription-based video on demand (SVOD), downloading, and sublicensing. In addition, it licenses original drama and mystery content; and distributes content through broadcast/cable, digital, mobile, ecommerce Websites, and brick and mortar outlets, as well as through SVOD channels, digitally streaming channels, and mail-order catalogs. Further, the company sells complementary merchandise directly to consumers. RLJ Entertainment, Inc. is based in Silver Spring, Maryland.
AMC Networks to invest $65 million in Britain's RLJ Entertainment as part of streaming partnership British TV production company RLJ Entertainment Inc. RLJE, +1.52% the owner of Acorn TV, said Monday it has entered into a streaming partnership with AMC Networks Inc. AMCX, +0.66% the owner of AMC, BBC America, We tv, SundanceTV, AMC Networks International, IFC and IFC Films. As part of the deal, AMC will invest $65 million in loans to RLJ, which will be used to refinance the company's senior credit facility, provide working capital, reduce the cost of capital through lower interest rates, and provide revised covenants that will increase flexibility. http://www.marketwatch.com/story/am...treaming-partnership-2016-10-17?siteid=yhoof2
