Lionsgate, Dish Resolve Blockbuster Dispute

Millenium Films
"The Expendables"

Earlier on Friday, the studio said it was owed money for rental titles it delivered under a revenue sharing agreement.

Lionsgate and Dish Network, which now owns Blockbuster, have settled their issues.

"Lionsgate and Dish have amicably resolved our issues related to the revenue sharing of our previously-placed packaged media titles at Blockbuster," a Lionsgate spokesman said Friday night. "We look forward to continuing a productive, long-term business relationship with Dish and their Blockbuster affiliate in the future."

Earlier on Friday, Lionsgate filed a motion for reconsideration of a bankruptcy judge's approval of the sale of Blockbuster to Dish, saying the studio was owed money for rental titles it has delivered under a revenue sharing agreement.

The studio had argued that Blockbuster had been using a handful of DVDs and online titles for free, including The Expendables, Saw 3D: The Final Chapter and The Last Exorcism.

Bankruptcy court judge Burton Lifland had approved the sale of Blockbuster to Dish for about $320 million, with the satellite TV company closing on Tuesday.

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