Zed is definitely not dead. The mobile content company announced a deal with movie studio Lionsgate to co-develop a suite of mobile entertainment projects based on Lionsgate films, TV programs, music and original content for mobile. Both the companies will oversee financing, development, production, marketing and distribution.
The deal also calls for ringtones, wallpapers, games and interactive communities. Lionsgate has a catalog of around 12,000 film and TV titles including the Saw franchise, Dirty Dancing, Weeds, Mad Men and Crash. Both companies will contribute financing, development, production, marketing and distribution. Zed and Lionsgate hope to begin distributing content under this deal by the end of the year. (Release).