Universal Pictures, Warner Bros. team up to revive DVD sales

Universal Pictures and Warner Bros. have formed a joint venture to revive DVD sales as consumers increasingly turn to streaming services. The two studios said they are teaming in a 10-year deal to jointly distribute Blu-ray, DVD and 4K UHD for new releases, library titles and television content in United States and Canada, according to Deadline. The joint venture, which is subject to regulatory approval, will combine sales, retail marketing and distribution operations of both companies and include…