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RLJE Rlj Entertainment, Inc. (delisted)

6.25
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Rlj Entertainment, Inc. (delisted) NASDAQ:RLJE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.25 6.25 6.27 0 01:00:00

Statement By Robert L. Johnson On FCC Chairman Wheeler's Proposal To Increase Consumer Choice & Innovation In The Video Marke...

08/09/2016 8:02pm

PR Newswire (US)


Rlj Entertainment, Inc. (delisted) (NASDAQ:RLJE)
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BETHESDA, Md., Sept. 8, 2016 /PRNewswire/ -- Commenting on today's FCC decision, Robert L. Johnson, Chairman of RLJ Entertainment (NASDAQ: RLJE) stated, "I am very pleased with the FCC decision that will create significant new opportunities for minority content and diversity.  The decision will also benefit millions of minority consumers who will be released from paying exorbitant monthly rental fees for access to this new era of minority programming.  I congratulate Chairman Tom Wheeler and particularly Commissioner Mignon Clyburn, the only African American commissioner, for their commitment to providing an equal playing field for minority programmers who are looking to start their own distribution channels to entertain and inform the 13 million African American households."

RLJ Entertainment, Inc. (NASDAQ: RLJE) is an entertainment content distribution company in primarily North America, the United Kingdom, and Australia. RLJE's titles are distributed in multiple formats including broadcast television (including satellite and cable), theatrical and non-theatrical, DVD, Blu-Ray, digital download, and digital streaming.

With its popular OTT branded channels, Acorn TV (British TV) and UMC (Urban Movie Channel), RLJE targets distinct, premium audiences and Urban niche audiences. The company grows its proprietary digital channels through development, acquisition, and distribution of exclusive rights of program franchises and feature film content.

Through Acorn Media Enterprises, its UK development arm, RLJE owns all rights to the hit UK mystery series Foyle's War and is developing new programs. RLJE owns 64% of Agatha Christie Limited, which manages the intellectual property and publishing rights to some of the greatest works of mystery fiction, including stories of the iconic sleuths Miss Marple and Poirot. Through its proprietary e-commerce web sites for the Acorn brand in North America and the UK, the Company also has direct contacts and billing relationships with millions of consumers.

For more information, please visit RLJEntertainment.com, Acorn.TV, and UrbanMovieChannel.com.

Media Contact: Traci Otey Blunt, 240-743-7620, tblunt@rljentertainment.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/statement-by-robert-l-johnson-on-fcc-chairman-wheelers-proposal-to-increase-consumer-choice--innovation-in-the-video-marketplace-300325041.html

SOURCE RLJ Entertainment, Inc.

Copyright 2016 PR Newswire

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