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Cinram Signs New Agreements with Warner Music Group

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^{Published in Stocks and Investing on Wednesday, November 17th 2010 at 8:45 GMT by Market Wire}  

TORONTO, Nov. 17 /CNW/ - Cinram International Income Fund ("Cinram" or the "Fund") (TSX: CRW.UN) announced today that it has entered into a series of new agreements with Warner Music Group (WMG) under which Cinram will continue to serve as WMG's primary supplier for manufacturing and distribution services for WMG's recorded music products in the U.S., Canada and parts of Europe.

"We are delighted to extend our agreements with Warner Music Group and look forward to providing WMG with years of industry leading levels of manufacturing and distribution services.  We value the strong relationship we have developed with WMG since 2003 and hope to be able to continue to build on that relationship in the years ahead," commented Steve Brown, Cinram's Chief Executive Officer.

"Our partnership with Cinram has been successful because of the quality of services the company offers, as well as its regular responsiveness to our changing industry," said Mike Jbara, President and CEO, WEA Corp., WMG's U.S. sales and retail marketing company.  "We look forward to continuing our longstanding relationship with Cinram in the future."