Genius Products
| Former type | Public |
|---|---|
| Traded as | OTC Pink: GNPR |
| Industry | Entertainment |
| Founded | 1996 |
| Defunct | 2009 |
| Headquarters | Santa Monica, California, U.S. |
| Products | Motion pictures, television programs |
| Website | www.geniusproducts.com |
Genius Products (also known as Genius Entertainment) was an entertainment company based in Santa Monica, California, United States.
On December 5, 2005, Genius Products, Inc. announced a distribution joint venture with The Weinstein Company called Genius Products, LLC, with Weinstein holding a 70% stake.[1] The transaction was approved by stockholders and was closed on July 24, 2006.[2] The high-profile movies from Weinstein helped Genius Products to open the doors to major retailers like Wal-Mart and Target.[3]
Genius also released DVDs for other companies, including Entertainment Rights, Classic Media, Sesame Workshop (from 2007 to 2009), Random House, ESPN, Discovery Communications, ImaginAsian, World Wrestling Entertainment, IFC Films and PorchLight Entertainment.
In 2009, Genius Products Investments acquired 60% of Genius Products, LLC, with TWC owning 15% and Genius Products, Inc., holding 25%.[4] Later that year, Genius's home video distribution rights were acquired by Vivendi Entertainment.[5] After, the Sesame Workshop distributions were sold to Warner Home Video.
[edit] References
- ^ "The Weinstein Company and Genius Products Sign Definitive Agreements" (Press release). Genius Products. 2005-12-04. http://www.geniusproducts.com/PressRelease.aspx?releaseid=120. Retrieved 2008-03-23.
- ^ "Genius Products Announces Stockholder Approval and Closing of the Weinstein Company Transaction" (Press release). Genius Products. 2006-07-24. http://www.geniusproducts.com/PressRelease.aspx?releaseid=174. Retrieved 2008-03-23.
- ^ Cieply, Michael (2007-04-12). "Films From the Weinsteins Falter, but the Brothers Stay Focused". The New York Times. http://www.nytimes.com/2007/04/12/movies/12movie.html. Retrieved 2008-03-23.
- ^ Garrett, Diane (2009-01-07). "GNPR acquires 60% of Genius". Variety. http://www.variety.com/article/VR1117998184.html?categoryid=20&cs=1.
- ^ Gruenwedel, Erik (2009-09-14). "Vivendi Acquires Genius Titles, Select Staff". Home Media Magazine. http://www.homemediamagazine.com/genius/vivendi-acquires-genius-titles-select-staff-17029. Retrieved 2008-02-25.
[edit] External links
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