Retail Industry
Industry: Email Alert RSS FeedWarner extends Olsen pact.(Vidbits)(Warner Home Video, Ashley Olsen)(Brief Article)
Video Business, October, 2004 by Ault, Susanne
* Warner HomeVideo will distribute Mary-Kate and Ashley Olsen titles for another 10 years. Deal terms include the twins earning an advance in the millions against future net proceeds from the dozens of videos within their Dualstar Entertainment company. The new contract likely covers more catalog product than future straight-to-video releases, which made the twins famous in the home entertainment world.
With the girls currently attending New York University, it is unlikely they will produce new video premieres in the near future, said Dualstar spokesman Michael Pagnotta. Plus, they are expected to find theatrical projects that distance them from their kiddie history. "When the time is right, they will continue to pursue roles in feature film, though probably...
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