Image Entertainment Inc. recently announced it will launch a new label focusing on faith-based titles. The Chatsworth-based company is an independent licensee and distributor of entertainment programming. The first film under the new Slingshot Pictures label will debut in November and two additional films are slated for release in 2012, the company said Wednesday. “The faith-based market continues to grow and at present is underserved,” said Image Entertainment’s Chief Acquisitions Officer Bill Bromiley, in a prepared statement. He said the faith-based market is currently estimated at $4.5 billion annually. Suzette Schafer has been hired to manage the new label and brings more than 24 years of experience in the home entertainment industry.