Buscemi, Tucci team on venture
Duo form TV, film production unit
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Olive already has a number of projects in development, including “Unto the Sons,” an adaptation for HBO of Gay Talese’s book. Tucci and Nicholas Pileggi were working on the script before the writers strike began.
Olive Prods. wants to develop pics with budgets from $3 million to $12 million, drawing in part on private equity financing. Buscemi and Tucci plan to produce, write, direct and cultivate talent for the banner.
Wren Arthur, who worked for Robert Altman for 11 years, will run the company.
Tucci stars in “What Just Happened,” which will be unspooling at Sundance, as will “Blind Date,” which he directed and co-wrote. He’ll also appear in Peter Jackson’s “The Lovely Bones.”
