The Hollywood Reporter reports “Sony, Paramount and Universal will join forces in Spain to launch the first three-way home entertainment venture for physical formats under the umbrella of the newly formed Sony Pictures Home Entertainment Espana.

The new division pools the resources of the three majors to handle movies, series and documentaries and looks to buck the trend in Spain of abysmal numbers on the home entertainment front that saw some of the majors stop distributing DVDs five years ago.” Read More