NuTech Forms Live DVD Unit

Division to release HD concert titles.

NuTech Digital Inc., an L.A.-based producer and distributor of original and licensed DVDs, announced today (Sept. 9) that it is forming a live concert DVD division, NuTech Platinum Concert Series.

NuTech says it is has signed, or is in negotiations with, several musical acts for exclusive DVD concert rights; it would not provide details.

The new division plans on recording concerts with high-definition equipment, and later releasing them on DVD. It will also try to line up Internet and TV broadcast rights to the performances.

The company is developing other strategies for involvement in the music-DVD industry, such as purchasing rights to unpublished footage and subsidizing performances in exchange for DVD production and distribution rights.

Earlier this year, NuTech signed a production agreement with Jessica Simpson through JT Productions for the production and distribution of a concert DVD from her Reality tour. Sony/Columbia will be the main distributor of the DVD this November, while NuTech also has select distribution duties.

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