*It’s final. Robert Johnsons RLJ Acquisitions purchased Image entertainment and Acorn Media to form RLJ Entertainment.

The merge was a $127 million deal, making the company an entertainment conglomerate, including acquisition and distribution.

Johnson is thinking ahead, looking into the future with digital sales. He plans to produce more black market entertainment and offer an urban-based subscription video-on-demand service.

He’s also got big plans to expand the new company with a financing branch to attract new content creators.

Don’t forget about YouTube. Actually, there’s no upgrade in that department for now. Johnson intends to keep the Faith Channel going for now.

Check out the full interview here.