Target and Hannover House set their limits high

It was announced earlier that Hannover House, the film and video distribution division of Target Development Group, Inc. has entered into agreements with more than a dozen of the top U.S.A. based Video-On-Demand providers and retailers, with titles being offered as soon as February 2010.

"This is a major, structural development for the company," said Eric Parkinson, C.E.O. of Hannover House and Target Development Group, Inc. "We see Video-On-Demand emerging in 2010 as a significant revenue source for Hannover House and other studios with large content libraries. Quality and security issues with the technologies have been resolved, making V.O.D. the easiest way for consumers to access entertainment. As a rights owner and distributor, Hannover saves on the manufacturing and freight costs associated with DVDs and Blu-ray videos, plus benefits from the faster and more direct payment stream. It's a highly-profitable method to deliver entertainment and our new structure should maximize these results," Parkinson concluded.

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Hannover House owns or controls the distribution rights to more than 150 feature film and television properties. Principal offices, warehousing and production facilities are located in Springdale, Arkansas, in close proximity to the world headquarters for Wal-Mart Stores, Inc., the nation's largest retailer for entertainment products. Other key accounts for Hannover House products include Amazon.com, Barnes & Noble, Best Buy, Blockbuster, Borders, Christian Book Outlet, Family Christian Stores, Hastings, Hollywood Video, Movie Gallery, Netflix and SAMS Clubs.

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