As part of this newly extended multi-year agreement, for both SD DVD and Blu-ray, Technicolor will continue to provide core services such as mastering, replication, packaging, distribution and returns processing, as well as freight management services in North America, said Thomson.

Frederic Rose, chairman and CEO of Thomson, said: “We are pleased to extend our existing DVD service agreements with Paramount, a long-time customer. This contract is a clear sign of Technicolor's strength and market position in the industry.

“This agreement also serves to further confirm our expanded partnership with Paramount which was strengthened earlier this year with our announcement to create a state-of-the art post-production facility on Paramount's Hollywood lot.”

Brad Grey, chairman and CEO of Paramount Pictures, said: “As we navigate the changing home entertainment environment, this new deal is a forward-looking redesign of how we work together, allowing Paramount Home Entertainment and Technicolor to globally maximize efficiencies while still providing our customers with the highest quality product and service.”

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