GoodTimes Entertainment

Source: Wikipedia, the free encyclopedia.
(Redirected from
GoodTimes Home Video
)
Not to be confused with Goodtimes Enterprises.
GT Media, Inc.
Formerly
  • GoodTimes Home Video Corp. (1984-1993)
  • GoodTimes Entertainment Ltd. (1993-2003)
  • GT Brands Holdings LLC (2003-2005)
Industry
Gaiam
(2005–2009)

GT Media, Inc. 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, known as GTK Duplicating Co..[1]

Following the bankruptcy, GoodTimes' parent company was sold to Yoga company

Gaiam
in September 2005.

History

GoodTimes began with the distribution of copies of

video games.[11] 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,[7] Orion Home Video,[12] Universal Pictures[8] 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.

On February 10, 2003,[13] Quadrangle Capital Partners purchased GoodTimes Entertainment for $90 million plus $160 million in debt,[14] and rebranded the company as GT Brands.[13]

Bankruptcy and sale to Gaiam

On July 11, 2005, GT Brands Holdings filed for

Gaiam announced to acquire all of GoodTimes' assets for $40 million.[16] The deal was closed in September 2005[17] and GT Brands Holdings LLC was renamed as GT Media, Inc.,[18] becoming Gaiam's general-interest label that released films and animation from DIC Entertainment and mockbusters from The Asylum
.

By the end of the 2000s, the GT Media brand was no longer used by Gaiam, with the company solely distributing fitness and yoga media under the latter label. On April 3, 2012, the company acquired and merged with

Cinedigm purchased Gaiam Vivendi Entertainment for $51.5 million; after this Gaiam had exited the home video industry, with the subsidiary merging with Cinedigm's New Video to form a standalone distributor under the Cinedigm name.[20][21]

Library

Prior to the company's bankruptcy, 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.

The company also produced the children's musical live action video series Treehouse Trolls Birthday Day and Treehouse Trolls Fun and Wonder (1992), the latter being remembered as Rachael Harris's first contribution to the film industry.[22]

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. Archived from the original on March 15, 2017. Retrieved January 12, 2016.
  3. ISSN 0362-4331. Archived
    from the original on 2020-07-02. Retrieved 2017-11-04.
  4. ^ Nichols, Peter (1993-09-17). "Disney loses suit over Good Times' 'Aladdin' video". Bangor Daily News. Bangor Publishing Company. Archived from the original on 2020-07-04. Retrieved December 3, 2013.
  5. ^ "Heavy accent on video, CD, hardware at Summer CES" (PDF). Billboard. 1985-06-08. p. 96. Archived (PDF) from the original on 2021-12-27. Retrieved December 27, 2021.
  6. ^ "Firms toy with children's market" (PDF). Billboard. August 17, 1985. p. 27. Retrieved December 27, 2021.
  7. ^ a b Bessman, Jim (May 3, 1986). "Kids Klassics To Market Titles for Worldvision" (PDF). Billboard. p. 53. Retrieved December 27, 2021.
  8. ^ a b Stewart, Al (June 20, 1987). "Lorimar Drops KLV-TV Promotion" (PDF). Billboard. p. 71. Archived (PDF) from the original on December 27, 2021. Retrieved December 27, 2021.
  9. ^ "Goodtimes In A Merger With Kids Klassics; Will Keep Low Price Policy". Variety. 1987-07-22. p. 47.
  10. ^ "Klusaritz Quits GT Publishing". Archived from the original on 2020-07-02. Retrieved 2017-07-12.
  11. ^ "History of GoodTimes Entertainment Ltd. – FundingUniverse". www.fundinguniverse.com. Archived from the original on 2017-11-07. Retrieved 2017-11-04.
  12. ^ 30 Orion Pics to GoodTimes (PDF). Billboard. 1993-06-05. p. 102.
  13. ^ a b Peers, Martin (2003-02-10). "Quadrangle Buys GoodTimes". The Wall Street Journal. p. B.4. Archived from the original on 2023-05-03. Retrieved 2023-05-03 – via ProQuest.
  14. ^ Del Franco, Mark (2005-07-13). "Gaiam Buys Bankrupt Entertainment Firm". Multichannel Merchant. Penton Media. Archived from the original on 2010-09-26. Retrieved 2023-05-03.
  15. ^ "Oak Point Partners, LLC acquires remnant assets of the GT Brands Holdings LLC, et al., Bankruptcy Estates". November 2021. Archived from the original on 2023-03-22. Retrieved 2023-03-22.
  16. ^ "Gaiam grabs Goodtimes". 12 July 2005. Archived from the original on 22 March 2023. Retrieved 22 March 2023.
  17. ^ "Gaiam closes GoodTimes Entertainment deal at $35M - Denver Business Journal". bizjournals.com. 2014-01-13. Archived 2014-01-13 at the Wayback Machine
  18. ^ Gaiam to Acquire Assets of GoodTimes Entertainment
  19. ^ MarketWatch - archived from the original on May 5, 2012
  20. ^ "Cinedigm To Acquire Gaiam, Inc.'s Entertainment Unit, A Multi-Platform Content Licensor And Distributor". Archived from the original on October 31, 2013. Retrieved October 20, 2013.
  21. ^ McNary, Dave (17 October 2021). "Cinedigm Bulks Up With $51.1 Million Acquisition of Gaiam Vivendi". Variety. Archived from the original on 13 July 2021. Retrieved 13 July 2021.
  22. ^ "How old was Rachael Harris in her first movie: The Treehouse Trolls: The Forest of Fun and Wonder (1992)?". In That Movie. Retrieved 2023-12-10.

External links

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