Brief: Iervolino Entertainment To Buy Rights To Seven Characters From Film Arctic Justice
Dec 31 (Reuters) - Iervolino Entertainment IE.MI :
* SAID ON MONDAY IT HAD SIGNED AGREEMENT WITH SHORT ART
MEDIA
* TO BUY RIGHTS TO SEVEN CHARACTERS SPUN OFF FROM FILM
ARCTIC
JUSTICE FOR PRODUCTION OF SHORT CONTENT
* PRICE OF ACQUISITION AMOUNTS TO $12.3 MLN AND SHARE OF
SALES FOR
SELLER
* FIRST INSTALMENT OF $9.9 MLN TO BE PAID WITH OWN FUNDS
Source text for Eikon: urn:newsml:reuters.com:*:nBIA94mzGR
Further company coverage: IE.MI
(Gdynia Newsroom)
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