Olive Films, 108 Media Sign Distribution Pact22 Mar, 2014 By: Chris Tribbey
Chicago-based indie distributor Olive Films has signed a multiyear distribution agreement with next-generation media company 108 Media.
The deal will have Olive Films as the exclusive home entertainment distributor of 108 Media’s new releases and catalog titles on Blu-ray Disc and DVD in the United States, while 108 Media will handle sales and distribution of Olive Films’ titles on digital and VOD platforms in the U.S. and Canada.
Beginning in June, the first 108 Media titles to hit disc via Olive Films will include the thriller Honour, starring Paddy Considine (The Bourne Ultimatum), and the drama Autumn Blood, starring Peter Stormare (Fargo).
“108 Media has built a fantastic library of extraordinary films across all genres,” said Olive Films CEO Farhad Arshad. “Our company has enjoyed amazing growth in 2013 in regards to packaged-media sales. 108 Media's steady output of new-release product will be a great compliment to our continued release of classic Hollywood movies and give Olive Films the opportunity to expand and grow its business.”
Abhi Rastogi, CEO of 108 Media, added: “I am elated by this new partnership between 108 Media and Olive Films. Olive Films’ success as a home entertainment distributor will help 108 Media continue to flourish and we will do the same for them through the digital and VOD platforms.”