Weintraub Entertainment and RSO reached a pact.

Jerry Weintraub's newly formed Weintraub Entertainment Group and Robert Stigwood's RSO Films announced that they have signed an exclusive three-year agreement for the production and distribution of a program of major motion pictures. Under the agreement, the two companies will immediately start work on a three-year multiple picture program. Films will be budgeted in the $12-million to $15-million range.

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