03:49 PM EST - Cinram International Income Fund : reports that it plans to expand beyond its traditional business, as uncertainty plagues the future of packaged media. But it's keeping details secret for now. Chief executive Dave Rubenstein said Thursday the company will move into an industry separate from disc-making to counteract the increasingly seasonal sales of DVDs and CDs. The pending announcement "utilizes our smarts in logistics over an entire other industry that has nothing to do with the video business," he said in an interview at the company's annual meeting. "This is another business that has no technology threat that I can see." Rubenstein teased analysts during his speech, saying only that the product is "smaller than a breadbox, cannot be delivered through a pipe (and) ships in a box with a bar code." He stopped short of making any official announcements but said he expects more details will be unveiled within 60 days. Cinram International Income Fund
shares CRW.UN:CA are trading up twenty six cents at $26.12.
