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Alchemy (company)

January 01, 1970

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]

Alchemy
FormerlyMillennium Entertainment
Company typePrivate
IndustryFilm, home entertainment, distribution
PredecessorFirst Look Studios
Founded2010
DefunctJune 30, 2016
FateChapter 7 bankruptcy
SuccessorFilmRise
Headquarters
Los Angeles, California
ProductsIndependent theatrical films, DVD, Blu-ray
Websitewww.millenniumentertainment.me 

History edit

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.

 
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 edit

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 edit

TV series edit

Animated edit

Films edit

Distributed lines edit

References edit

  1. ^ a b . Millennium Entertainment. Archived from the original on 19 May 2013. Retrieved 5 March 2013.
  2. ^ a b Millennium On The Block; Salem Partners To Handle Sale Of Distribution Unit. Deadline Hollywood (April 22, 2013).
  3. ^ . Millennium Films. Archived from the original on June 24, 2016. Retrieved August 7, 2016.
  4. ^ Ofgang, Kenneth. "Court Revives Suit Over Profits From Ving Rhames Movie". Metropolitan News-Enterprise. Retrieved 5 March 2013.
  5. ^ "FIRST LOOK MEDIA INC (FIRST:OTC US): Stock Quote & Company Profile - Businessweek". Businessweek. Bloomberg. Archived from the original on April 10, 2013. Retrieved 5 March 2013.
  6. ^ "First Look Studios Acquired by Millennium Entertainment". Blu-ray.com. Retrieved 5 March 2013.
  7. ^ "Millennium Entertainment Picks a Name: Alchemy". 8 January 2015.
  8. ^ The Wrap: "Alchemy Acquires ANconnect and Anderson Digital, Creates Alliance With ARC Entertainment" By Tim Kenneally July 13, 2015
  9. ^ Hollywood Reporter: "Alchemy Acquires ANconnect, Anderson Digital and Signs Pact With ARC Entertainment" July 13, 2015
  10. ^ Galuppo, Mia (December 7, 2015). "Bill Lee Abruptly Exits as Alchemy CEO". TheHollywoodReporter.com. Retrieved February 18, 2016.
  11. ^ McNary, Dave (February 17, 2016). "Indie Distributor Alchemy Hit With 40 Layoffs". Variety.com. Retrieved February 18, 2016.
  12. ^ Brooks, Brian; D'Alessandro, Anthony (February 16, 2016). "Alchemy Faces Financial Woes, Slashes Staff & Uncovers "Discrepancies Within Parts Of Its Businesses"". Deadline Hollywood. Retrieved February 18, 2016.
  13. ^ IndieWire: "How the DVD Business Is Destroying Alchemy" By Eric Kohn February 17, 2016
  14. ^ McNary, Dave; Seetoodeh, Ramin (May 19, 2015). "Cannes: 'The Lobster' Selling to Alchemy (EXCLUSIVE)". Variety. Retrieved August 7, 2016.
  15. ^ Fleming, Mike Jr.; Jaffar, Ali (November 12, 2015). "Alchemy Closes Deal For Ben Wheatley's White-Hot 'Free Fire' – AFM". Deadline Hollywood. Retrieved August 7, 2016.
  16. ^ D'Alessandro, Anthony (May 19, 2015). "Alchemy Takes U.S. Rights To Nanni Moretti's 'Mia Madre' – Cannes". Deadline Hollywood. Retrieved August 7, 2016.
  17. ^ Fleming, Mike Jr. (April 1, 2015). "Alchemy Acquires Rights To Rob Zombie-Directed '31'". Deadline. Retrieved March 15, 2022.
  18. ^ Hipes, Patrick (August 13, 2015). "'Evolution', Toronto-Bound Horror Pic, Acquired By Alchemy; 'Somali Project' Docks At Vladar Co". Deadline. Retrieved March 15, 2022.
  19. ^ Fleming, Mike Jr. (March 1, 2016). "A24 Postpones 'The Lobster' Theatrical Release – Update". Deadline Hollywood. Retrieved August 7, 2016.
  20. ^ D'Alessandro, Anthony (March 10, 2016). "A24 Scoops Up Brie Larson Action Thriller 'Free Fire' In Wake Of Alchemy Financial Turmoil". Deadline Hollywood. Retrieved August 7, 2016.
  21. ^ D'Alessandro, Anthony (April 19, 2016). "Music Box Rescues Nanni Moretti's 'Mia Madre' From Alchemy". Deadline Hollywood. Retrieved August 7, 2016.
  22. ^ Hipes, Patrick; D'Alessandro, Anthony (March 24, 2016). "Rob Zombie's '31' Acquired By Saban Films For September Release". Yahoo! Finance. Retrieved March 15, 2022.
  23. ^ Erbland, Kate (March 23, 2016). "IFC Midnight Picks Up Former Alchemy Feature 'Evolution'". IndieWire. Retrieved March 15, 2022.
  24. ^ D'Alessandro, Anthony (April 1, 2019). "James Franco's Delayed 'Zeroville' Saved By myCinema; Distrib's Slate Includes Julian Fellowes' 'The Chaperone' – CinemaCon". Deadline. Retrieved March 15, 2022.
  25. ^ "Alchemy Files For Chapter 7-Names Long List of Creditors". Deadline Hollywood. 7 July 2016.
  26. ^ "Alchemy". Retrieved August 7, 2016.
  27. ^ McNary, Dave (July 7, 2016). "Alchemy Files for Chapter 7 Bankruptcy Protection". Variety. Retrieved August 7, 2016.
  28. ^ "Millennium Entertainment TV Shows". DVD Empire.com. Right Ascension, Inc. Retrieved 5 March 2013.

External links edit

  • Official Alchemy LLC website
  • YouTube.com: Millennium Entertainment channel

January 01, 1970
alchemy, company, alchemy, formerly, millennium, entertainment, american, independent, global, film, distributor, based, angeles, california, company, acquired, distributed, feature, films, television, series, specialty, programming, alchemyformerlymillennium,. 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 AlchemyFormerlyMillennium EntertainmentCompany typePrivateIndustryFilm home entertainment distributionPredecessorFirst Look StudiosFounded2010DefunctJune 30 2016FateChapter 7 bankruptcySuccessorFilmRiseHeadquartersLos Angeles CaliforniaProductsIndependent theatrical films DVD Blu rayWebsitewww wbr millenniumentertainment wbr me Contents 1 History 1 1 Bankruptcy 2 Releases 2 1 TV series 2 2 Animated 3 Films 4 Distributed lines 5 References 6 External linksHistory editMillennium 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 nbsp 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 edit 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 editTV series edit Bethenny Ever After Baywatch The Cosby Show A Different World 28 Flipping Out Guy s Big Bite Hell s Kitchen The Invisible Man Kathy Griffin My Life on the D List McMillan amp Wife Million Dollar Listing Los Angeles The Millionaire Matchmaker Pregnant In Heels The Rachel Zoe Project Tabatha Takes Over Unsolved Mysteries Animated edit Arthur and the Square Knights of the Round Table Dinky Dog Drak Pack Khumba Wing Commander AcademyFilms editAlpha Males Experiment Are You Here The Babymakers Bernie Blitz Buck Wild Control Dead Awake Dead Sushi The Elephant in the Living Room Elephant White Elsa amp Fred Faces in the Crowd Fake High Road Hisss The Iceman Intruders Laddaland Life of a King Linklater The Liquidator Little Birds A Little Bit of Heaven Love Moonwalkers The Nocturnal Persecuted Playing Dirty Puncture Rampart Red Lights Rob the Mob The Runner Sacrifice Shadows and Lies Skin Traffik So Undercover Spiders Stolen Straight A s Strangerland Stuck in Love Survivor The Taking of Deborah Logan Trespass Trust The Ultimate Yogi Upside Down The Wedding Weekend Welcome to Me What Maisie Knew It s AliveDistributed lines editUFC Ultimate Fighting Championship Video AsiaReferences edit a b Millennium Entertainment Company Profile Millennium Entertainment Archived from the original on 19 May 2013 Retrieved 5 March 2013 a b Millennium On The Block Salem Partners To Handle Sale Of Distribution Unit Deadline Hollywood April 22 2013 Trust Millennium Films Archived from the original on June 24 2016 Retrieved August 7 2016 Ofgang Kenneth Court Revives Suit Over Profits From Ving Rhames Movie Metropolitan News Enterprise Retrieved 5 March 2013 FIRST LOOK MEDIA INC FIRST OTC US Stock Quote amp Company Profile Businessweek Businessweek Bloomberg Archived from the original on April 10 2013 Retrieved 5 March 2013 First Look Studios Acquired by Millennium Entertainment Blu ray com Retrieved 5 March 2013 Millennium Entertainment Picks a Name Alchemy 8 January 2015 The Wrap Alchemy Acquires ANconnect and Anderson Digital Creates Alliance With ARC Entertainment By Tim Kenneally July 13 2015 Hollywood Reporter Alchemy Acquires ANconnect Anderson Digital and Signs Pact With ARC Entertainment July 13 2015 Galuppo Mia December 7 2015 Bill Lee Abruptly Exits as Alchemy CEO TheHollywoodReporter com Retrieved February 18 2016 McNary Dave February 17 2016 Indie Distributor Alchemy Hit With 40 Layoffs Variety com Retrieved February 18 2016 Brooks Brian D Alessandro Anthony February 16 2016 Alchemy Faces Financial Woes Slashes Staff amp Uncovers Discrepancies Within Parts Of Its Businesses Deadline Hollywood Retrieved February 18 2016 IndieWire How the DVD Business Is Destroying Alchemy By Eric Kohn February 17 2016 McNary Dave Seetoodeh Ramin May 19 2015 Cannes The Lobster Selling to Alchemy EXCLUSIVE Variety Retrieved August 7 2016 Fleming Mike Jr Jaffar Ali November 12 2015 Alchemy Closes Deal For Ben Wheatley s White Hot Free Fire AFM Deadline Hollywood Retrieved August 7 2016 D Alessandro Anthony May 19 2015 Alchemy Takes U S Rights To Nanni Moretti s Mia Madre Cannes Deadline Hollywood Retrieved August 7 2016 Fleming Mike Jr April 1 2015 Alchemy Acquires Rights To Rob Zombie Directed 31 Deadline Retrieved March 15 2022 Hipes Patrick August 13 2015 Evolution Toronto Bound Horror Pic Acquired By Alchemy Somali Project Docks At Vladar Co Deadline Retrieved March 15 2022 Fleming Mike Jr March 1 2016 A24 Postpones The Lobster Theatrical Release Update Deadline Hollywood Retrieved August 7 2016 D Alessandro Anthony March 10 2016 A24 Scoops Up Brie Larson Action Thriller Free Fire In Wake Of Alchemy Financial Turmoil Deadline Hollywood Retrieved August 7 2016 D Alessandro Anthony April 19 2016 Music Box Rescues Nanni Moretti s Mia Madre From Alchemy Deadline Hollywood Retrieved August 7 2016 Hipes Patrick D Alessandro Anthony March 24 2016 Rob Zombie s 31 Acquired By Saban Films For September Release Yahoo Finance Retrieved March 15 2022 Erbland Kate March 23 2016 IFC Midnight Picks Up Former Alchemy Feature Evolution IndieWire Retrieved March 15 2022 D Alessandro Anthony April 1 2019 James Franco s Delayed Zeroville Saved By myCinema Distrib s Slate Includes Julian Fellowes The Chaperone CinemaCon Deadline Retrieved March 15 2022 Alchemy Files For Chapter 7 Names Long List of Creditors Deadline Hollywood 7 July 2016 Alchemy Retrieved August 7 2016 McNary Dave July 7 2016 Alchemy Files for Chapter 7 Bankruptcy Protection Variety Retrieved August 7 2016 Millennium Entertainment TV Shows DVD Empire com Right Ascension Inc Retrieved 5 March 2013 External links editOfficial Alchemy LLC website YouTube com Millennium Entertainment channel Retrieved from https en wikipedia org w index php title Alchemy company amp oldid 1195751310, wikipedia, wiki, book, books, library,

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