Image Entertainment Acquires Home Vision Entertainment

On August 1, 2005 Home Vision Entertainment ceased to be, as they were bought out by Image Entertainment. Image also acquired all of HVE's library of films, and is obligated to make good on the current release plans that HVE had announced.

This also has an affect on The Criterion Company, which distributed many of it's discs through HVE. Under the new arrangement, Image will be the exclusive distributor of Criterion releases for the next 5 years. The deal, in addition to the Criterion arrangement, includes $8 million in cash.

This is pretty big in the DVD world. I have had nothing but good experiences with HVE's releases, they have always been at or near Criterion's levels of excellence. Now with Image stepping in, I wonder what they may hold for HVE's titles. Image has a number of good releases, but they also have been known to have spotty quality assurance. I wish them the best and hope that all works out.

You can read more about this at VideoStoreMag.com.

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Article Author: Chris Beaumont

Christopher Beaumont spends much of his time writing about music and movies when he isn't indulging in them. He is always ready to talk about his favorite form of entertainment and offer up recommendations. Follow: Twitter and Tumblr. Visit: Critical Outcast. …

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