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Endpoint: Anchor Bay Entertainment



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created on: 18/03/2021
by: Lo55o (14004)
 
 

Brand properties

General info :
Anchor Bay Entertainment (formerly Video Treasures) was the business name of Anchor Bay Entertainment, Inc., an American home entertainment and production company.
It was a subsidiary of Starz, Inc.. Anchor Bay Entertainment marketed and sold feature films, series, television specials and short films to consumers worldwide. In 2004, Anchor Bay agreed to have its movies distributed by 20th Century Fox Home Entertainment and renewed their deal in 2011.
A year after Starz launched a home entertainment division (in-name only) in 2016, it later folded Anchor Bay Entertainment into Lionsgate Home Entertainment.

Anchor Bay Entertainment can date its origins back to two separate home video distributors: Video Treasures, formed in 1985, and Starmaker Entertainment, founded in 1988. Both companies sold budget items — reissues of previously released home video programming — at discount prices. Video Treasures started with public domain titles, and later made licensing deals with Vestron Video, Heron Communications (including Media Home Entertainment and Hi-Tops Video), Britt Allcroft (the Thomas the Tank Engine series; this was inherited from Strand Home Video when Video Treasures purchased that label from VCI in 1993), Trans World Entertainment, Regal Video, Virgin Vision, Hal Roach Studios, Jerry Lewis, and Orion Pictures, among others. Starmaker's major distributions were films from the then-recently out-of-business New World Pictures and programs previously licensed to their video division. Viacom programs and Saturday Night Live compilations were other notable Starmaker releases. The companies competed with each other for years, until they were sold to the Handleman Company, and formed a new corporate umbrella: Anchor Bay Entertainment, in May 1995. The company also bought out (through the Video Treasures and Starmaker acquisitions) other budget home video and music distributors such as MNTEX Entertainment, Teal Entertainment, Burbank Video, Drive Entertainment, and GTS Records. Both the Video Treasures and Starmaker labels were phased out a few years later.


In the late 1990s and early 2000s, Anchor Bay specialized in the release of horror films, particularly cult films and slasher movies from the 1970s and 1980s. One of its first releases was Prom Night in 1980. It also released Halloween (as well as its 3rd, 4th, and 5th sequels), Hellraiser, and many others, leading the home video market for obscure and retro horror films.

In October 2000, Anchor Bay Entertainment opened up operations in the United Kingdom.

Anchor Bay remained part of Handleman until 2003, when it was acquired by IDT Entertainment.

On February 4, 2005, the Securities and Exchange Commission filed civil charges against two former employees of Anchor Bay Entertainment, a former subsidiary of Handleman Company. The SEC's complaint, which was filed in the United States District Court for the Eastern District of Michigan, alleges that the two employees caused the company to enter into a 2 million-dollar fraudulent transactions. The transactions involved the purported sale of slow-moving or obsolete inventory to business partners coupled with secret buy-back provisions. The inventory included worthless video boxes and sleeves and DVDs for films. Handleman subsequently restated its financial statements to correct these accounting errors. Liberty Media, the owner of the Starz cable network, purchased IDT Entertainment from IDT Corporation in 2006 and renamed it Starz Media.

In May 2007, Anchor Bay became known as Starz Home Entertainment (SHE). SHE announced on June 19, 2007, that it will be releasing high-definition versions of its films exclusively in the Blu-ray format. In 2008, Starz Media reinstated the Anchor Bay Entertainment brand, and all current releases bear this name. Many of the company's past cult titles have gone out of print, although some have been reissued by Blue Underground.

SPHE had a three-year deal with Starz's Anchor Bay Entertainment for worldwide DVD releases, with the exceptions of North America, Canada, Australia, and the United Kingdom.

On January 4, 2011, Starz, LLC sold 25% of Starz Media to The Weinstein Company, which rendered Anchor Bay the de facto video distributor of films made by TWC and Dimension. Starz later bought back the Weinstein's stake in October 2015, with Anchor Bay continuing to release TWC and Dimension video releases.

In early 2015, Anchor Bay UK (alongside Manga Entertainment UK) was bought from Starz by managing director Colin Lomax and renamed to Platform Entertainment, and the label was absorbed into Lionsgate UK. Kaleidoscope Film Distribution would acquire Platform in December 2016, with Manga Entertainment UK becoming an separate entity and operating on its own, which itself was eventually acquired by Funimation in 2019.

On June 30, 2016, Lionsgate agreed to acquire Anchor Bay's parent company Starz Inc. for $4.4 billion in cash and stock. The Starz/Lionsgate merger was completed on December 8, 2016. Afterwards, Lionsgate folded Anchor Bay into Lionsgate's home entertainment division.
Relations :
Brand name used by : Anchor Bay Entertainment UK Ltd.
This endpoint is approved in the database from previous submissions.
Brand name used by : Anchor Bay Entertainment, Inc.
This endpoint is approved in the database from previous submissions.
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Movies

(26 items)

Item number : 38774

Submitted by : Lo55o (14004)
on : 18/03/2021