News Burst: AOL, DVD Express in marketing deal

America Online said today that it has signed a three-year, $15m (£9.14m) marketing deal with online store DVD Express Inc.

America Online said today that it has signed a three-year, $15m (£9.14m) marketing deal with online store DVD Express Inc. to offer DVD-format movies. AOL will also receive a portion of DVD Express' revenues and warrants to purchase shares in the company as part of the deal, company officials said.

DVD Express will be featured on the AOL service and on the AOL.com Web site starting this month and it will also appear on CompuServe under a separate one year, $1m (£0.61m) agreement, company officials said.

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