Genius Products (also known as Genius Entertainment) is a home video company based in Santa Monica, California.
On December 5, 2005, Genius Products, Inc., (OTCBB: GNPI) 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 releases DVDs for other companies, including Entertainment Rights, Classic Media, Sesame Workshop, ESPN, Discovery Communications, ImaginAsian, World Wrestling Entertainment and IFC Films.
In 2009, GNPR Investments acquired 60% of Genius Products, LLC, with TWC owning 15% and Genius Products, Inc., holding 25%.[4]
References
- ^ Genius Products (2005-12-04). "The Weinstein Company and Genius Products Sign Definitive Agreements". Press release. http://www.geniusproducts.com/PressRelease.aspx?releaseid=120. Retrieved 2008-03-23.
- ^ Genius Products (2006-07-24). "Genius Products Announces Stockholder Approval and Closing of the Weinstein Company Transaction". Press release. 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.
- ^ GNPR acquires 60% of Genius - Variety
External links
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