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The agreement, which covers North America, the UK, and Irish regions, was negotiated by the distributor's Max Einhorn, VP of Acquisitions and Producers Sabrina Van Tassel and Philippe Bourbon.

Some of the COVID-19 cash-preserving methods that will be implemented include the suspension of the company's $42 million quarterly dividend, a $20 million tax refund request, and a 20% furlough off of 60% of the Plano, Texas headquarters' employees' salaries. The company's CEO and board of directors will also forgo their salaries throughout the crisis.