BFS To Supply Navarre1 Apr, 2002 By: Hive News
Richmond Hill, Ontario-based BFS Entertainment & Multimedia has inked a five-year agreement with Navarre Corp. of Minnesota to source and supply selected home video product lines for resale by Navarre.
"It is anticipated that this distribution arrangement will realize significant increases in revenue and profits for BFS in the next fiscal year," said BFS president and CEO Denis Donnelly.
Under the BFS Video and American Home Treasures video labels, BFS manufactures, markets and distributes a range of entertainment home videos and DVDs for resale to retail and catalogs throughout North America.
The company's strategy is to continue to acquire new programming for North America and to expand its distribution channels, a spokesperson said. The company is also looking for small companies that can be acquired to fit that business model.
Navarre Corp.'s major business groups are Navarre Distribution Services, which distributes non-proprietary entertainment products, including consumer software, video games, major label and independent music and DVD and VHS video, to retailers nationwide; and Navarre Entertainment Media, which distributes proprietary entertainment products, including independent music and DVD, in the United States and Canada. The company operates a business-to-business Web site navarre.com.