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|RCA Press Release for March 30, 1982|
RCA and Warner Home Video, a Warner Communications company, today jointly announced the execution of a series of agreements in the video disc area.
The agreements provide RCA with domestic video disc licenses to 35 of the most successful pictures released by Warner, the possibility of access to future titles, and grant Warner Home Video a number of options as to its involvement in the CED video disc business.
The motion pictures licensed include "Superman," "10," "Blazing Saddles," "Enter The Dragon" and "Every Which Way But Loose," movies which have been leaders in video cassette sales.
The agreements grant Warner Home Video, among other rights, the right to decide in the future if it desires to distribute certain percentages of RCA video discs itself, the possibility of future access to RCA custom pressing services, and finally, a future claim on RCA video disc patent and technological manufacturing expertise.
Seth M. Willenson, Division Vice President, Programs and Business Affairs, for RCA "SelectaVision" VideoDiscs, said, "Our agreements with Warner Home Video will provide a major new source of programs for the CED system, making available for the first time on discs the performances of some of Hollywood's biggest stars, most successful motion pictures and most innovative filmmaking."
Mr. Willenson said "the video disc provides Warner Home Video with a new vehicle for reaching the American consumer market with Warner's quality entertainment."
Carl DeSantis, Senior Vice President, Programming and Business Affairs of Warner Home Video, agreed, stating, "These are our first agreements in the video disc business. We look forward to their success."
Thomas G. Kuhn, RCA Division Vice President in charge of RCA "SelectaVision" VideoDiscs, said, "The support of Warner Home Video to RCA's video disc effort adds momentum to the development of this exciting new medium, and we, at RCA, look forward to acceptance of the CED system as the video disc standard for home entertainment."