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The Olsen Twins Sue Acclaim
The teen duo seeks their game royalties with a vengeance.
April 26, 2004 - You either love them or hate them. Regardless, you can't deny the reach of Mary-Kate and Ashley Olsen's vast media empire. The sibling duo even leaked into video games, with various cross-platform titles coming out through game company Acclaim.
The union, however, came to a screeching halt. Now, the tween team is suing the game publisher for doing a crappy job of developing and releasing their games.
According to the suit, Acclaim failed to fork over $177, 966.32 in game royalties over to Dualstar Entertainment, a company owned by the Olsens. The suit includes back royalties and a settlement fee of $300,000 left over from Dualstar's split from Acclaim last fall.
According to a letter from the Olsens' band of lawyers, the split between camp Olsen and Acclaim stems from Acclaims tarnishing of the Olsens' good name...as far as videogames are concerned, anyway.
The letter states that Acclaim "blatantly abandoned the mary-kateandashley brand and has taken the mary-kateandashley brand in video games which had flourished and has now run it into the ground."
Acclaim cancelled the cross-platform title Mary-Kate and Ashley in ACTION! back in 2003, which helped break up the marriage between the twins and Acclaim.
And what does $177,966.32 mean to the Olsen twins? Probably not that much. The twins are reported to be worth around $150 million each; with some reports estimating their net worth will reach into the billions by the time they're 21.
That's a whole lot of scratch.
link
The Olsen Twins Sue Acclaim
The teen duo seeks their game royalties with a vengeance.
April 26, 2004 - You either love them or hate them. Regardless, you can't deny the reach of Mary-Kate and Ashley Olsen's vast media empire. The sibling duo even leaked into video games, with various cross-platform titles coming out through game company Acclaim.
The union, however, came to a screeching halt. Now, the tween team is suing the game publisher for doing a crappy job of developing and releasing their games.
According to the suit, Acclaim failed to fork over $177, 966.32 in game royalties over to Dualstar Entertainment, a company owned by the Olsens. The suit includes back royalties and a settlement fee of $300,000 left over from Dualstar's split from Acclaim last fall.
According to a letter from the Olsens' band of lawyers, the split between camp Olsen and Acclaim stems from Acclaims tarnishing of the Olsens' good name...as far as videogames are concerned, anyway.
The letter states that Acclaim "blatantly abandoned the mary-kateandashley brand and has taken the mary-kateandashley brand in video games which had flourished and has now run it into the ground."
Acclaim cancelled the cross-platform title Mary-Kate and Ashley in ACTION! back in 2003, which helped break up the marriage between the twins and Acclaim.
And what does $177,966.32 mean to the Olsen twins? Probably not that much. The twins are reported to be worth around $150 million each; with some reports estimating their net worth will reach into the billions by the time they're 21.
That's a whole lot of scratch.
