Cinram's French Disc Replication Subsidiary Files For Insolvency
Cinram announced today that Cinram Optical Discs SAS, a French subsidiary engaged in DVD replication, has filed for insolvency.
The application is scheduled to be heard on May 31, 2012.
The DVD manufacturing operation has been impacted by a steady decline in volumes in recent years.
Cinram added that the insolvency proceedings would not impact the company's distribution operations in France nor its operations in other regions.
The DVD manufacturing operation has been impacted by a steady decline in volumes in recent years.
Cinram added that the insolvency proceedings would not impact the company's distribution operations in France nor its operations in other regions.