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| fate = [[Bankruptcy]]
| successor = GT Media<br>[[Gaiam Vivendi Entertainment]]<br>[[Cinedigm]]
| successor = GT Media<br>[[Gaiam Vivendi Entertainment]]<br>[[Cinedigm]]<br>[[Atari, Inc. (publisher)]]
| foundation = {{Start date and age|1984}}
| foundation = {{Start date and age|1984}}
| defunct = {{End date and age|2005|7}}
| defunct = {{End date and age|2005|7}}

Revision as of 04:22, 21 May 2021

GoodTimes Entertainment, Ltd.
IndustryHome video company
Founded1984; 40 years ago (1984)
DefunctJuly 2005; 19 years ago (2005-07)
FateBankruptcy
SuccessorGT Media
Gaiam Vivendi Entertainment
Cinedigm
Atari, Inc. (publisher)
HeadquartersMidtown Manhattan, New York City
Key people
Kenneth Cayre
Joseph Cayre
Stanley Cayre
ProductsNow-public domain works and anime

GoodTimes Entertainment, Ltd. was an American home video company that originated in 1984 under the name of GoodTimes Home Video. Though it produced its own titles, the company was well-known due to its distribution of media from third parties and classics. The founders for the company were the brothers Kenneth, Joseph and Stanley Cayre (often referred to and credited simply as the "Cayre Brothers") of Salsoul Records. Its headquarters were in Midtown Manhattan, New York City. The company had a distribution facility in Jersey City, New Jersey and a duplication facility in Bayonne, New Jersey.[1]

History

GoodTimes began with the distribution of copies of public domain titles. Though the company also produced and distributed many low-priced fitness videos, its most recognized line of products were the series of low-budget traditionally animated films from companies such as Jetlag Productions, Golden Films, and Blye Migicovsky Productions, as well as a selection of the works of Burbank Films Australia.

Many of its home-video titles—such as Aladdin, Beauty and the Beast, Pinocchio, Sinbad, The Little Mermaid, The Three Musketeers and Thumbelina—were named similarly or identically to big-budget animated films from other studios[2] (though their plots were sometimes very different), and GoodTimes would often release these films close to the theatrical/home-video releases of other studios. This was largely legal, as the stories of the big-budget films were based on folk tales that had long been in the public domain, and the major studios had little room to claim exclusive rights to the stories or the main characters. The Walt Disney Company sued GoodTimes in 1993 because the videotape packaging closely resembled Disney's, allegedly creating the potential of confusing consumers into unintentionally purchasing a GoodTimes title, when they instead meant to purchase a film from Disney.[3]

As a result of this lawsuit, GoodTimes was required by law to print its name atop all of its future VHS covers, in order to clearly demonstrate to the public at large that this was not the "blockbuster" title that they would be purchasing. Despite these changes, however, GoodTimes continued to produce animated films based on public domain "knockoff" titles.[4]

In the 1990s they expanded the company into GT Publishing, a division of the company that published children's books under the Inchworm Press imprint.[5]

Expanding from home video distribution, GoodTimes founded its spin-off, GT Interactive Software as a way to distribute video games.[6] This company was sold to the French game publisher Infogrames in 1999.

At different times, GoodTimes contracted with Columbia Pictures, NBC, HBO, Worldvision Enterprises, Hanna-Barbera, Orion Home Video,[7] Universal Pictures and Paramount Pictures to release inexpensive tapes of many of their films and TV series. In addition, GoodTimes released several compilations assembled from public domain films, film trailers, earlier television programs and newsreels. Most of these were credited to Film Shows, Inc.

In July 2005, GoodTimes filed for bankruptcy and its assets were then sold to Gaiam. Despite its closure in 2005, GoodTimes Entertainment produced at that time a TV series called Wulin Warriors. The series was an edited version of Pili, produced by Broadway Video and Animation Collective for Cartoon Network's Toonami block in 2006. It was pulled after two episodes aired, due to poor ratings and complaints.

Gaiam later started a division called GT Media, which served as a general-interest label that released films and non-exercise videos such as animated films from DIC Entertainment and mockbusters from The Asylum. It was later folded into its parent company. Gaiam then spun off its home video assets to Gaiam Vivendi Entertainment in 2012, which in turn was sold and merged into New Video in 2013.

See also

References

  1. ^ "Company Information." GoodTimes Entertainment. June 17, 2000. Retrieved on March 15, 2010.
  2. ^ Edwards, C. (January 8, 2014). "The Ultimate Guide to Animated Mockbusters". Cartoon Brew. Retrieved January 12, 2016.
  3. ^ Nichols, Peter M. (1993-09-10). "Home Video". The New York Times. ISSN 0362-4331. Retrieved 2017-11-04.
  4. ^ Nichols, Peter (1993-09-17). "Disney loses suit over Good Times' 'Aladdin' video". Bangor Daily News. Bangor Publishing Company. Retrieved 2013-12-03.
  5. ^ https://www.publishersweekly.com/pw/print/19990208/33608-klusaritz-quits-gt-publishing.html
  6. ^ "History of GoodTimes Entertainment Ltd. – FundingUniverse". www.fundinguniverse.com. Retrieved 2017-11-04.
  7. ^ 30 Orion Pics to GoodTimes (PDF). Billboard. 1993-06-05. p. 102.