Universal Canada, Distributor Form Pact

Universal Music Canada and DEP Distribution Exclusive have entered a joint-venture relationship in which Universal Music Canada assumes a minority shareholding interest in the 8-year-old Montreal-base

Universal Music Canada and DEP Distribution Exclusive have entered a joint-venture relationship in which Universal Music Canada assumes a minority shareholding interest in the 8-year-old Montreal-based distributor.

Under the agreement, Universal Music Canada is now the distributor of DEP's English-language repertoire in Canada, including its extensive DVD and CD catalog.

Meanwhile, DEP will coordinate the sales of Universal Music Canada's domestic and international French-language repertoire in Canada. DEP will also handle all of Universal Music Canada's DVDs in Quebec.
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