LBS Communications: Difference between revisions

'''Lexington Broadcast Services''' (commonly known by its initials, "'''LBS'''") was created in 1976 by Henry Siegel. It was reincorporated to "'''LBS Communications, Inc.'''" in 1984. LBS also joined forces with [[Columbia Pictures Television]] to create "[[Colex Enterprises]]", which distributed TV series by [[Screen Gems Television|Screen Gems]] and CPT. Over the years, the company would produce/distribute miscellaneous television shows such as ''Inspector Gadget'' and ''Heathcliff'' ([[DIC Entertainment|DIC]]), ''What's Happening!!'' and ''What's Happening Now!!'' (CPT), ''Baywatch'' and ''Family Feud'' ([[Mark Goodson Television Productions|Mark Goodson]]), and ''World of Wrestling''. LBS was also an ad-sales barter until they formed "TV Horizons". After Colex Enterprises dissolved in 1986, LBS Communications began to lose money, until it filed for Chapter 11 bankruptcy in 1991. This left the company to sell more than 80% of its assets to [[All American Television]] in March 1992. Despite all the adversity, LBS would still live on in the 1990s as an in-name-only unit of All American Television, which was sold to Pearson, plc. in 1997 and was renamed to [[Pearson Television (UK)|Pearson Television]]; the production company would close in 2001. Today, most of the LBS library, with the exceptions of their DiC co-productions ([[WildBrain (Canada)|WildBrain]]), ''What's Happening Now!!'' ([[Sony Pictures Television]]), and ''Care Bears Movie II: A New Generation'' ([[Columbia Pictures]]), is owned by [[Fremantle (UK)|FremantleMedia]].