Nelson Entertainment
Type | Subsidiary of Nelson Holdings International, Ltd. |
---|---|
Industry | Film home video |
Predecessor | Galactic Films Spikings Corporation Embassy Home Entertainment |
Founded | 1985 |
Founders | Barry Spikings Richard Northcott |
Defunct | 1991 |
Fate | Rebranded as Sultan Entertainment, folded into New Line Cinema, library later purchased by Epic Productions |
Successor | Company: New Line Cinema Library: Metro-Goldwyn-Mayer |
Headquarters | Los Angeles, California, United States |
Area served | Worldwide |
Key people | Barry Spikings Richard Northcott |
Products | Motion pictures VHS Laserdisc |
Parent | Nelson Holdings International, Ltd. (1986–1991) New Line Cinema (1991) |
Divisions |
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Nelson Entertainment was a Los Angeles-based film production and home video distribution company, a subsidiary of Nelson Holdings International Ltd., a Vancouver, Canada, holding company formed in 1985 by British film producer Barry Spikings and Richard Northcott, a British financier who amassed his fortune from a chain of hardware and furniture stores.[1] The company acquired Galactic Films as well as Spikings Corporation in 1985, then later acquired distribution rights to a majority of Embassy titles after purchasing its home video division, which paid $85 million, and then signed an agreement with Columbia Pictures which enabled Nelson to finance their films for Columbia.[2] Sometime in August 1987, Embassy Home Entertainment was renamed Nelson Entertainment,[3] but retained the earlier brand as well as Charter Entertainment for sell-through products.[4] Nelson then financed a deal with Castle Rock Entertainment to co-produce their films, and in addition handle the international distribution rights. In September 1988, Orion Home Video became Nelson's sales agent; in addition, Orion Pictures would later theatrically distribute a few of Nelson's titles.[5] On February 17, 1988, Nelson Entertainment received a loan from Credit Lyonnais Bank to earn $3 million to $10 million, regarding of subsidiaries.[6] By February 1989, Orion was the official home video distributor of Nelson product.[7]
In 1991, Nelson Entertainment sold its home video division to New Line Cinema and it was rebranded as New Line Home Video.[8] The company was later renamed Sultan Entertainment and was acquired by New Line, who then later took over the rights to the library.[9] By 1994, Nelson's catalog had been acquired by Epic Productions and folded into the Alpha Library Company. After Epic's closure Crédit Lyonnais assumed responsibility of its library. The library was put up for auction by the Consortium de Realisation as the "Epic library". Credit Lyonnais later sold the Epic film library to PolyGram Filmed Entertainment in 1997,[10] then Metro-Goldwyn-Mayer acquired 2/3 of PolyGram's pre-April 1996 library in October 1998.[11] Therefore, MGM now owns most of the Nelson Entertainment library with the copyrights being held by Orion Pictures. Due to a previous agreement with Viacom Enterprises, Paramount Pictures via Trifecta Entertainment & Media holds the television rights to Nelson's post-January 1989 films not co-produced with Castle Rock. Castle Rock's pre-July 1994 titles are owned by Warner Bros. Entertainment, but are controlled by MGM via Orion.
Films[]
References[]
- ^ Coke Will Sell Embassy Unit for $85 Million : Nelson Entertainment Gets Co-Production Deal
- ^ "Coke Sells EHE For $85-Mil To Nelson Ent.; Blay Suit Settled". Variety. 1986-08-06. p. 35.
- ^ Billboard (August 29, 1987). Embassy Logo Changed to Nelson (PDF). New York. p. 57.
- ^ McCullaugh, Jim (January 16, 1988). "Nelson Steps Up Sell-Through Push" (PDF). Billboard.
- ^ Stewart, Al (August 20, 1988). "Orion To Handle Sales Of Nelson Titles As Of Sept" (PDF). Billboard.
- ^ "Nelson Unit Gains $3 Mil Financing". Variety. 1988-02-17.
- ^ https://www.americanradiohistory.com/Archive-Billboard/80s/1989/BB-1989-03-04.pdf
- ^ |format=TXT |title=NIGHTMARES, TURTLES AND PROFITS |website=bloomberg.com |access-date=2019-05-03
- ^ "COMPANY CONFORMED NAME: TURNER BROADCASTING SYSTEM INC" (TXT). Sec.gov. Retrieved 2019-03-05.
- ^ "New Epic librarian". 3 December 1997.
- ^ "Archives". Los Angeles Times.
- Film production companies of the United States
- Defunct American film studios
- Companies based in Beverly Hills, California
- Home video companies of the United States