Revolution Studios Strikes Deal With Production Arm of Universal Home Entertainment
Under the pact, Universal has acquired rights to produce non-theatrical projects based on titles in the Revolution library.
Revolution Studios has struck a multi-project deal with Universal 1440 Entertainment, the production arm of Universal Pictures Home Entertainment, to create new, non-theatrical productions based on properties in Revolution’s film library.
Under the terms of the deal, which was announced today, Universal acquires the rights to produce and distribute sequels, prequels or other spinoffs of Revolution feature titles for non-theatrical formats worldwide.
Revolution Studios, which was originally founded by Joe Roth in 2000, was purchased in 2014 through funds managed by affiliates of Fortress Investment Group, and is now headed by CEO Vince Totino and COO Scott Hemming. Its library consisted of 46 films, including such titles as Black Hawk Down, Maid in Manhattan, Anger Management, Daddy Day Care and America’s Sweethearts. Last year, Revolution also acquired the 64-title Morgan Creek International library. Revolution has produced such syndicated television series as Are We There Yet? for TBS and Anger Management, produced with Lionsgate, for FX.
“We have found an ideal partner in Universal 1440 Entertainment, which has had global success in creating or extending film franchises with high-quality, non-theatrical productions,” Totino said. “Combining Revolution’s extensive library of hit films with Universal’s skill and experience at producing and releasing original content is a win-win proposition.”
Universal 1440 Entertainment has produced sequels to films like American Pie and Bring It On for the home entertainment market.
Revolution Studios general counsel and head of business and legal affairs Marla Levine negotiated the deal on Revolution’s behalf, while Nancy Eagle, senior vp, business and legal affairs, headed the negotiations for Universal 1440 Entertainment.