Genius Products, Weinstein Co. Extend Distribution Deal23 Feb, 2009 By: Erik Gruenwedel
Genius Products Inc. Feb. 23 said it extended exclusive distribution of DVDs from The Weinstein Co. through 2011.
Santa Monica, Calif.-based Genius, which was 60% acquired by GNPR Investments LLC, an affiliate of Quadrant Management, in January, extended three-year employment contracts to CEO Trevor Drinkwater, president Mathew Smith and Mitch Budin, EVP and general manager.
In addition Quadrant’s Alan Quasha, Bruce Bunner and John Hecker were named to Genius’ board, replacing three members previously seated by TWC, which retains a 15% stake in the packaged-media distributor.