Английская Википедия:Alchemy (company)

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Шаблон:Infobox company

Alchemy (formerly Millennium Entertainment) was an American independent global film distributor based in Los Angeles, California. The company acquired and distributed feature films, television series and specialty programming.[1]

History

Millennium Entertainment was 60% owned by production company Nu Image. Exclusive Media Group owned 20% and Prentice Capital owned the remaining stock.[2] Following its formation in 2010, the company marked its first noteworthy theatrical release in 2011 with Trust, starring Academy Award nominees Clive Owen, Catherine Keener, and Viola Davis.[3] Alchemy owns and operates[1] a film library consisting of over 1,000 titles, including Paris, Je’TAime, Transsiberian, and Bad Lieutenant: Port of Call New Orleans, as well as the recent titles Elephant White, starring Djimon Hounsou and Kevin Bacon; Shadows and Lies, starring James Franco; and Blitz, starring Jason Statham.

Файл:Millennium Entertainment.png
Millennium Entertainment logo

Television series released by Alchemy include The Cosby Show, Baywatch, and A Different World. First Look Studios originally released all eight seasons of The Cosby Show, A Different World, and other shows on DVD, but they eventually filed bankruptcy in 2010.[4][5] Millennium Entertainment acquired all of First Look Studios’ assets, and continued to release them in the United States, Canada, Bermuda, and other U.S. Territories.[6] In April 2013, it was announced that Millennium Entertainment would be sold, and an investment company, Salem Partners, would assist in the sale.[2] In August 2014 the company's library and distribution assets had been sold to a consortium consisting of its current management and Virgo Investment Group. The new owners renamed the company Alchemy in January 2015, finally cutting ties to its former sister company Millennium Films.[7]

In July 2015 Alchemy acquired the film distribution assets of ANconnect and the digital film and television distributor Anderson Digital, both divisions of Anderson Media Corporation.[8] The transaction will result in the addition of 40 new employees to the existent 70 and expand the company's catalogue to over 1,300 films and 3,000 TV episodes.[9] In December 2015 Bill Lee exited the company as CEO.[10]

Bankruptcy

In February 2016 Alchemy laid off 40 employees, equaling 40% of the company's entire staff.[11][12] due to liquidity issues.[13] The company began selling off previously acquired films including The Lobster,[14] Free Fire,[15] Mia Madre,[16] 31[17] and Evolution.[18] The Lobster and Free Fire were purchased by A24, while Madre was sold to Music Box Films, 31 to Saban Films and Evolution to IFC Midnight.[19][20][21][22][23] The last of their acquisitions, Zeroville, wasn't released until 2019.[24]

Alchemy filed for Chapter 7 bankruptcy on June 30, 2016.[25] All employees were released following the bankruptcy.[26][27]

Alchemy's remaining film library is currently owned by FilmRise.

Releases

TV series

Animated

Films

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Distributed lines

References

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External links