For certain titles, Forum will also cover the Czech Republic and Slovakia for the studio.

The pact includes new releases over a five-year period, as well as both of the two upcoming "Hobbit" films (set for release in 2012 and 2013) and the next two films in the long running "Bond" franchise, "Bond 23" (due 9 November 9) "Bond 24."

"Our relationship with Gary and Roger goes far back and I'm very proud that they have chosen us to be their distributors in 'our' markets" said Mooky Greidinger CEO of Cinema City International. "Starting a long term distribution agreement with such an amazing slate is very exciting and everyone in our team is fully committed to maximize the potential of the movies"

"We feel very fortunate to be able to continue our relationship with Mooky and Forum Film. We know that with Forum and all of the resources they have amassed, our films will be in the best hands possible in all of these important territories," said Barber and Birnbaum, Co-Chairman and Chief Executive Officers of MGM.

Cinema City International is the largest multiplex theatre operator in Central and Eastern Europe and in Israel with 93 multiplexes and 885 screens. Forum Film companies are wholly owned subsidiaries of Cinema City International NV acting as film distributors in Poland, Hungary, Romania, Bulgaria, Czech Republic, Slovakia and Israel. Forum Film has long relations with The Walt Disney Company and other leading majors and independent suppliers.