Thursday, June 7, 2012

Universal In Licensing Deal With Hark

Hark, the online service which lets users share sound bites from movies and films with their friends, and Universal are in a licensing deal, Hark said Thursday. The firm--which was co-founded by David Aronchick and Fouad ElNaggar, said the deal will give it access to nearly 100 films in Univesral's film library. The titles include Animal House, The Blues Brothers, and The Breakfast Club as well as Bridesmaids and Fast Five. Hark is based in Seattle but also is active in Los Angeles in business development; ElNaggar might be familiar to Los Angeles entrepreneurs for his short stint sourcing venture deals for Redpoint Ventures in Los Angeles. Hark negotiated the deal with Universal Partnerships & Licensing.

---