Robert L. Johnson, Chairman of RLJ Entertainment announces stock purchase plan of up to $2 million

RLJ Companies Chairman and CEO Robert L. Johnson. PHOTO/File

(Business Wire) - Silver Spring, Maryland - RLJ Entertainment Inc., announced Tuesday June 19 2013, that Robert L. Johnson, the company's Chairman, has adopted a Rule 10b5-1 plan under which he can purchase up to US$2 million worth of RLJ Entertainment's common stock.

RLJ Entertainment, founded by Robert L. Johnson, founder of Black Entertainment Television (BET) and The RLJ Companies, is a leading creator, owner and

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