Estudios Mauricio De Sousa Apresentam (1982-1992) Logo
by WorldOfTimmy2012 Studios 0:21 - 82,732 views TGSD By Store From Kid #1 (C)1990-2015 Stella Girl Productions Singapore/F.H.E. All Right Reserved |
Simitar Entertainment Logo, ca. 1990
by GreatMewtwo 0:22 - 55,785 views Simitar was a long-time leader in budget VHS throughout the 80s and early 90s. Reach Entertainment produced sports home video programs for Simitar. By April, 1997 Simitar was the first independent in the U.S. with DVD releases. In 1999, Simitar's revenues rose from $5 million to $40 million in just three years. On March 9, 1999, Cherry River Music Co. sued Simitar Entertainment for copyright infringement of "WWF—The Music, Volume 3" and won. In 2000, Simitar folded/went bankrupt, due to problems in the music division. Simitar's Total Assets were $19,570,059. Simitar's Total Debts were $25,556,878. In 2000, Simitar auctioned off its movies. Brentwood Communications, Inc. (BCI) offered to pay $215,000 to acquire Simitar's movies. Ed Goetz and Greg Glass went to BCI to start a DVD division. In October/November 2003, BCI was purchased by Navarre Corporation. -Wikipedia Other notes: Content courtesy of Simitar Entertainment (now bankrupt) |