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Classic Media

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Classic Media
Type Subsidiary
Predecessor Entertainment Rights
Founded 1985, 1998
Headquarters Flag of the United States New York, New York, United States
Industry Intellectual property, TV, film, entertainment
Products TV, film, consumer products, home video
Parent Boomerang Media
Subsidiaries Big Idea Productions
Website classicmedia.tv

Classic Media, Inc. is an American production company and distributor of family programming. Formed in 1998 after acquiring Golden Books Family Entertainment, their library consists of properties which they acquired from other companies, including Entertainment Rights, Harvey Comics, Jay Ward Productions, and many others.

Contents

[edit] Holdings

[edit] Entertainment Rights

On April 1, 2009, it was announced that Boomerang Media, LLC, would acquire Entertainment Rights' principal U.K. and U.S. subsidaries, including Classic Media, Inc. and Big Idea, Inc. On May 11, 2009, Classic Media announced that the former U.K. and U.S. subsidiaries of Entertainment Rights would operate as a unified business under the new parent company's name, Classic Media. Big Idea, Inc. would operate under its own name.

On December 14, 2006, it was announced that Classic Media would be acquired by UK-based rival Entertainment Rights (ER) for $210.0 million, and the deal was completed on January 11, 2007.

Before the acquisition of Classic Media by ER was completed, both companies announced distribution and production agreements with Genius Products, LLC, replacing the deal with Sony Wonder.[1]

In addition, because Entertainment Rights now owns Classic Media, the latter company's holdings are now listed on the former company's website.

On April 1, 2009 it was announced that Entertainment Rights would be acquired by Boomerang Media (formed by the founders of subsidiary Classic Media) [1][2] and on May 11, 2009, it was announced that the subsidiaries and offices of Entertainment Rights would be absorbed under the name, Classic Media. Big Idea, Inc., while a subsidiary, would operate under its own name.[3][4]

[edit] Notes

1. In regards to Richie Rich and Casper, the only exceptions are the characters' appearances in media produced by Hanna-Barbera, including Casper and the Angels, the 1980 Richie Rich series, and various Casper TV specials; these are owned by Hanna-Barbera's parent company, Time Warner (through Warner Bros.).

2. The Program Exchange currently holds the TV distribution rights to Underdog, and the Ward catalog, except for George of the Jungle, which is handled via CBS Television Distribution.

3. Britt Allcroft (then Gullane Entertainment) was bought out by HIT Entertainment.

4. The pre-1974 Rankin/Bass theatrical library is owned by French production company StudioCanal (the successor company to original distributor Embassy Pictures), with Anchor Bay Entertainment handling video rights and Sony Pictures Television handling television distribution.

[edit] See also

[edit] References

  1. ^ "He-Man, Casper Bought by Private-Equity Firm". The Wall Street Journal. April 2, 2009. http://online.wsj.com/article/SB123871979150785001.html?mod=googlenews_wsj. Retrieved on 2009-05-12. 
  2. ^ "Boomerang Media Buys ER". World Screen News. April 1, 2009. http://www.worldscreen.com/articles/display/20448. Retrieved on 2009-05-12. 
  3. ^ "Classic Media Absorbs Subsidiaries". Home Media Magazine. May 11, 2009. http://www.homemediamagazine.com/studios/classic-media-absorbs-subsidiaries-15704. Retrieved on 2009-05-12. 
  4. ^ "Entertainment Rights to Operate as Classic Media". Animation World Network. May 11, 2009. http://news.awn.com/index.php?ltype=top&newsitem_no=27629. Retrieved on 2009-05-12. 

[edit] External links

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