DreamWorks Classics: Difference between revisions
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In 2007, the company was acquired by [[Entertainment Rights|Entertainment Rights]]. However, this eventually resulted in financial difficulties that caused ER to file for adminstration in April 2009. On the day of filing, Entertainment Rights was acquired by a new company called "Boomerang Media, L.L.C.", also founded by Ellenbogen and Engelman themselves with backing from private equity firm GTCR. Entertainment Rights was culminated under the Classic Media brand, while their distribution arm was renamed Classic Media Distribution. Big Idea Entertainment became a separate subsidiary, operating under its own name. | In 2007, the company was acquired by [[Entertainment Rights|Entertainment Rights]]. However, this eventually resulted in financial difficulties that caused ER to file for adminstration in April 2009. On the day of filing, Entertainment Rights was acquired by a new company called "Boomerang Media, L.L.C.", also founded by Ellenbogen and Engelman themselves with backing from private equity firm GTCR. Entertainment Rights was culminated under the Classic Media brand, while their distribution arm was renamed Classic Media Distribution. Big Idea Entertainment became a separate subsidiary, operating under its own name. | ||
On February 20, 2010, Classic Media purchased the upcoming manga-inspired television series ''My Life Me'' from the bankrupt Germany-based [[TV-Loonland AG]]. | On February 20, 2010, Classic Media purchased the upcoming manga-inspired television series ''My Life Me'' from the bankrupt Germany-based [[TV-Loonland AG]]. They later acquired ''Noddy'' and ''Olivia'' franchises from [[Silvergate Media|Chorion]] in 2012. | ||
In 2012, [[DreamWorks Animation]] acquired the company for $155 million, and began trading Classic Media under the brand name of DreamWorks Classics. They have since reverted back to their former name after the box-office disappointment of ''Mr. Peabody and Sherman''. The | In 2012, [[DreamWorks Animation]] acquired the company for $155 million, and began trading Classic Media under the brand name of DreamWorks Classics. They have since reverted back to their former name after the box-office disappointment of ''Mr. Peabody and Sherman''. The NBCUniversal acquisition of DWA transitioned Classic Media off to the main parent company and remains as such as an in-name subsidiary. | ||
Classic Media Distribution was renamed as DreamWorks Distribution in 2013, although its parent Classic Media UK still retains its former name. | Classic Media Distribution was renamed as DreamWorks Distribution in 2013, although its parent Classic Media UK still retains its former name. | ||