NEWS Corp's STAR Group has signed a deal with Dreamworks Distribution to buy the exclusive pay-television rights for 40 DreamWorks SKG films for broadcast in India and Pakistan. The agreement extended the nine-picture deal brokered between STAR and Dreamworks in June 2000.
DreamWorks Distribution is a unit of DreamWorks, a studio operated by film and music industry giants Steven Spielberg, Jeffrey Katzenberg and David Geffen.
STAR, a wholly-owned subsidiary of News Corp, is an Asian multi-platform content and service provider. News Corp shares last traded at $16.85 in Australia on Wednesday, down 22 cents.