×
You will be redirected back to your article in seconds

Gaiam acquires Vivendi Entertainment

Deal creates major indie distrib of nontheatrical content

Lifestyle media group Gaiam acquired Vivendi Entertainment from Universal Music Group Distribution Corp. on Tuesday for $13.4 million, creating a major independent distributor of nontheatrical media content with more than 7,000 titles.

Vivendi Entertainment, with 3,000 titles, operates in the U.S. and Canada repping brands that include World Wrestling Entertainment, Classic Media, Shout Factory, the Weinstein Co., NFL Prods., Big Idea, RHI, National Geographic, Salient Media, Televisa, Codeblack, Sid and Marty Krofft Pictures and Nelvana.

Boulder, Colo.-based Gaiam produces and distributes lifestyle programming as well as fitness accessories through a wide network of retail stores and a digital platform; it has 10 million direct customers. The company has an exclusive licensing pact with Discovery Communications and is publicly traded on the Nasdaq. The new company, called Gaiam Vivendi Entertainment, will control 14% of the nontheatrical distribution market, according to Gaiam.

Execs said the deal will add $25 million to revenue based on Vivendi Entertainment’s 2011 sales and be accretive to earnings this year.

Gaiam prexy Bill Sondheim said the company will leverage its “increased scale to attract additional product from leading studios and other content providers.”

More TV

  • Ari Emanuel Endeavor

    Endeavor IPO Filing Offers Details of Company's Financials, Leadership Pay Packages

    Endeavor’s IPO filing Thursday offers a hard look at the company’s financial performance during the past three years during a period of rapid growth for the company that’s home to UFC, WME, Professional Bull Riders and a clutch of other assets. Endeavor is generating solid free cash flow from operations and healthy adjusted earnings for [...]

  • Blake Jenner What If TV Show

    'What/If' Star Blake Jenner on Creating Chemistry With Jane Levy, Renee Zellweger

    Blake Jenner first rose to fame in 2012 when he won “The Glee Project” and therefore earned a role on “Glee” proper. In the years since, though, he graduated from teen heartthrob status to meatier, edgier roles in films such as “American Animals” and now the Netflix limited series “What/If,” in which he stars opposite [...]

  • Mario Lopez Candy Crush

    Mario Lopez, Seth Kurland Set Latinx Family Comedy Series at Netflix

    Mario Lopez and Seth Kurland are teaming up for a new comedy series at Netflix. Variety has learned that the streamer has given a 16 episode order to the multi-cam comedy “The Expanding Universe of Ashley Garcia” co-created by Lopez and Kurland. In the series, when Ashley Garcia — the world’s only 15-and-a-half-year-old robotics engineer [...]

  • HBO logo

    TV News Roundup: HBO Announces Recipients of 2019 HBOAccess Writing Fellowship

    In today’s roundup, Fox Nation announces a fresh slate of programming for the summer and HBO announces the recipients of its HBOAccess Writing Fellowship. DEVELOPMENT: HBO has announced the recipients of its 2019 HBOAccess Writing Fellowship. The eight writers selected out of the 3,000 submissions will participate in an 8-month program of master classes and [...]

  • Big Bang Theory

    'Big Bang Theory,' 'Manifest' Among Top Live+7 Gainers of 2018-2019 Season

    With 2018-2019 broadcast season wrapping up, certain shows stand head and shoulders above their competition in the Nielsen Live+7 rankings. Live+7 data is currently available only through May 5, but the top dogs will likely see little change once the final numbers are in for the traditional September-May season. The top gainer in adults 18-49 [...]

  • Anna Kendrick Paul Feig

    Anna Kendrick, Paul Feig Team for Comedy Anthology Series at WarnerMedia Streaming Service

    Anna Kendrick and Paul Feig are coming to the WarnerMedia streaming service Variety has learned that the upcoming streamer has ordered the romantic comedy anthology series “Love Life,” the first season of which will star Kendrick with Feig executive producing. WarnerMedia has ordered a 10-episode first season of the half-hour series. Lionsgate Television and FeigCo [...]

  • Jon Feltheimer

    Lionsgate Posts Loss, Underperforms Wall Street Expectations

    Lionsgate has posted a quarterly loss and its revenues and operating income have come in under Wall Street projections, despite growth from its premium cable channel, Starz. The studio reported a net loss of $24 million, or 11 cents a share, with adjusted operating income of $103 million for its fourth fiscal quarter ended March [...]

More From Our Brands

Access exclusive content