Magnetic Video Corporation: Difference between revisions

Magnetic Video Corporation, a home media and audio duplication service established in 1968 by Andre Blay and based in Farmington Hills, Michigan, was the first company to release theatrical films to home media for consumers in 1976, making exclusive deals with [[United Artists]], Avco Embassy, [[ITC Entertainment Group|ITC]], ABC Video Enterprises, [[Viacom (pre-2006)|Viacom]] (now "CBS Corporation"), RBC Films (then an exclusive licensee of several of Charles Chaplin's films), [[New Line Cinema]], Brut Pictures, Bill Burrud Productions, American Film Theatre and 20th Century-Fox. In 1979, the latter purchased Magnetic Video from Blay, reincorporating it as "20th Century-Fox Video" in 1981. It is currently known as "[[20th Century Fox Home Entertainment]]". Ironically, 20th Century Fox Home Entertainment now owns home media rights to most United Artists and Avco Embassy films due to their distribution of [[Metro-Goldwyn-Mayer Studios|MGM]] releases until 2020.