First Look Media, Inc. engages in the acquisition, direct distribution, licensing, and sale of distribution rights of various independently produced feature films. The company also selectively produces motion pictures. It licenses theatrical, video, pay television, free television, satellite, and other distribution rights domestically, and to foreign sub-distributors in major international territories and regions, including Australia, Canada, France, Germany, Italy, Japan, Scandinavia, Spain, and the United Kingdom. The company’s theatrical distribution activities include booking motion pictures for exhibition at movie theaters, and promoting motion pictures with advertising and publicity campaigns. Its home entertainment distribution activities include the promotion and sale of videocassettes and DVD units to local, regional, and national video/DVD retailers. As of December 31, 2002, the company had various distribution rights of approximately 330 motion pictures, including approximately 73 motion pictures, in which it owns an interest in the copyright. The company’s major competitors are the Walt Disney Company, Paramount Pictures Corporation, Universal Pictures, Sony Pictures Entertainment, Twentieth Century Fox, and Warner Brothers Inc.