Image and Source Settle Lawsuit

Image Entertainment Inc. has settled a lawsuit with Source Entertainment Inc., clearing the way for the two companies to issue DVD and CD products, it was announced Tuesday. Chatsworth-based Image has exclusive rights to all Source video and audio projects, with the first to be released in the fall, “Hip Hop Hits Volume 11.” Source’s contribution will be track selection, co-production credit and advertising support through its website and hip hop magazine, The Source. Image Music Group Vice President George Steele said in a prepared statement that Source Entertainment understands the need for the two companies to move ahead together. “The Hip Hop series in particular has been wildly successful for us, and we’re glad to be able to continue working with The Source on this and other projects,” Steele said. Image Entertainment is an independent licensee, producer and distributor of home entertainment programming.