By Indiewire | Indiewire September 30, 2004 at 2:0AM
Cuban and Wagner Launch International Distribution Arm with 2929 International
by Eugene Hernandez
Todd Wagner and Mark Cuban's 2929 Entertainment has unveiled an international distribution arm that will be headed by Shebnem Askin. The exec, from Pandora/Gaylord Films, will build the new operation, dubbed 2929 International.
2929 International will handle the worldwide distribution rights for theatrical features from Cuban and Wagner's 2929 Entertainment and HDNet Films. Among its current movies are Gregory Jacobs' "Criminal" and John Maybury's "The Jacket" from 2929 and from HDNet, Joseph Castelo's political drama "Over the Mountains," Carlos Brooks' psycho-sexual thriller "Quid Pro Quo," and Alex Gibney's doc about the Enron scandal, "Black Magic" (working title).
"We are very excited that Shebnem is joining us, as her international experience will help us build a network of foreign distributors around the world," said Wagner. "With 2929 International, we now have the ability to round out the domestic and international distribution alternatives for our growing library of content."
During her time at Pandora/Gaylord, Askin handled international sales for the U.S. titles distributed by Warner Bros. Prior to that, she headed co-productions for Trimark.
The launch of 2929 International marks the latest move in the entertainment arena for Mark Cuban and Todd Wagner. In the past year, the duo have pursued a vertically-integrated company, launching HDNet Films to produce HD movies, acquiring distribution company Magnolia Pictures and buying the leading art-house chain, Landmark Theaters. Cuban and Wagner also recently formed HDNet and HDNet Movies, the all-HD cable outlets. 2929 Productions is the pair's company to create higher-budget feature films.