Source Interlink Companies Signs Multi-Year Agreement in Settlement of Suit against Kable Distribution

Source Interlink Companies (NASDAQ:SORC) today announced settlement of its antitrust claims against Kable Distribution Services, Inc.

In resolving the claims, the parties entered into a multi-year agreement securing Source’s access to the Kable’s magazine products. The settlement follows similar agreements reached previously with Time, Inc., Time/Warner Retail Sales and Marketing, Inc., Time Distribution Services, Inc., American Media, Inc., Distribution Services, Inc., The News Group, L.P., and Hudson News Distributions, LLC.

"I am happy to make this announcement because it means the continuation of what has been a mutually beneficial relationship. We enjoy working with our trading partners and look forward to continuing our relationship for many years,” declared Greg Mays, Chairman and CEO of Source. "This agreement is effective immediately and assures that we can continue to supply all our mainstream, specialty and international customers with the popular titles supplied by Kable.”

"As we move ahead, the prospect of growth is clear. It is fully our intention to create a bond with our publishers and national distributors that is as strong as the relationship we have with our retail partners,” Mays added.

ABOUT SOURCE INTERLINK COMPANIES, INC.

Source Interlink Companies, Inc. (NASDAQ: SORC), a media and marketing services company, is a leading U.S. distributor of home entertainment products and services and one of the largest publishers of magazines and online content for enthusiast audiences. Source Interlink Media, LLC publishes more than 75 magazines and 90 related Web sites. Source Interlink Distribution (SID) services tens of thousands of retail store locations throughout North America distributing DVDs, music CDs, magazines, video games, books, and related items. In addition to distributing more than 6,000 distinct magazine titles annually, the Company maintains the largest in-stock catalog of CDs and DVDs in the US -- a combined total of more than 260,000 titles. Supply chain relationships include consumer goods advertisers, subscribers, movie studios, record labels, magazine, book, and newspaper publishers, confectionary companies and manufacturers of general merchandise.