Lions Gate Films Corp. and Rentrak Corporation Partner For Quebec Venture to Create Locatrak

PR Newswire | September 14, 1998 | Copyright

MONTREAL, Sept. 14 /PRNewswire/ -- Andre Link, Chief Executive Officer of Lions Gate Films Corp., a Lions Gate Entertainment Corp. company, and Ron Berger, Chairman and Chief Executive Officer of Rentrak Corporation (Nasdaq: RENT), announced today that they have executed an agreement to create Locatrak Inc., a video revenue sharing distribution company.

The new Quebec-based company will operate according to a system new to the Province of Quebec known as "Pay-Per-Transaction" (PPT(R)) whereby the retailer renting video material does not initially purchase ...

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