2 Entertain Video Limited | |
Trading Name: | BBC Studios Home Entertainment |
Revenue: | £24 million |
Revenue Year: | 2023 |
Net Income: | £4 million |
Type: | Private limited company |
Foundation: | (BBC Video/DVD) (Video Collection International) (As Rushstage Ltd) (BBC Studios Home Entertainment) (As 2 Entertain) |
Founders: | BBC Worldwide Woolworths Group |
Key People: | Helene Gustavii (Jan 2013–) (CEO) |
Location: | London, England, UK[1] |
Num Employees: | 1 (2023) |
Industry: | Video and Music Publishing |
Net Income Year: | 2023 |
Assets: | £11 million |
Assets Year: | 2023 |
Owner: | BBC |
2 Entertain Video Limited,[2] trading as BBC Studios Home Entertainment, is a British video and music publisher founded in 2004 following the merger of BBC Video and Video Collection International by BBC Worldwide & Woolworths Group respectively.
BBC Video was established in 1980 as a division of BBC Enterprises (later BBC Worldwide) with John Ross Barnard at the head, just as home video systems were starting to gain ground.
At launch, the BBC had no agreement with British talent unions such as Equity or the Musician's Union (MU), so BBC Video was limited in the television programming it could release. Initially, video cassette and laser-disc releases were either programmes with no Equity or MU involvement, such as natural history and other documentaries, or material licensed from third parties, including feature films such as High Noon and the first video release of Deep Purple's California Jam concert.
For the first few years, the BBC produced videotapes in both VHS and Betamax formats. The company also worked with Philips on early Laserdisc releases, including a notable ornithology disc called British Garden Birds, presented by David Attenborough. This disc was released in 1982 and included digital data in the form of Teletext, which could be read by any suitably-equipped television. This pioneering use of a data channel on a consumer video format led directly to the development of the BBC Domesday Project in 1984–1986. Since videos could have stereo soundtracks, BBC Video produced stereophonic versions of many programmes that had been broadcast in mono. These included The Hitch Hiker's Guide to the Galaxy and the wedding of Charles, Prince of Wales, and Lady Diana Spencer.
The label grew significantly from £13 million turnover in 1989 to nearly £39 million in 1994, enjoying success from television and film serials which had proved popular when first televised and faced high demand for a video release once the new technology became widespread, reducing the need for television reruns.
In 1991, BBC Video was the number-one video label in the UK when it sold more prerecorded videotapes, by value as well as by unit count, than any other company, even all of the Hollywood studios combined.
In October 1985, K-Tel and Braveworld, subsidiaries of the New Southgate-based Prestwich Group, in partnership with Paddy Toomey, launched "The Video Collection", a range of budget-priced video releases that were promoted as being "A video for the price of a blank tape" that would be sold at Woolworths stores across the country.[3] Both Braveworld and The Video Collection were seen as sister labels, with The Video Collection mainly handling re-releases of classic films and special interest titles.[4] [5]
In 1986, Thames Television began releasing their home media products through The Video Collection, under the label "Thames Video Collection" (later shortened to "Thames Video"), this would expire in 1998 upon the formation of its parent company Pearson Television's own video label "PT Video", which would start self-distributing Thames releases. On 16 July, Karl-Lorimar Home Video signed an agreement with The Video Collection in order to distribute children's, family and special interest programs as well as Scholastic-Lorimar Home Video releases for the British market.[6] Shortly afterwards, The Video Collection underwent a management buyout and began operating independently through holding company Rushstage Limited (later renamed to "Future Vision Limited", then "Video Collection International Limited" in 1987). With this, the company expanded rapidly, securing the market lead in retail video sales throughout the mid to late 1980s and into the early to mid-1990s.[7]
In 1989, VCI launched the "Cinema Club" budget label, signing a deal with RCA Columbia Pictures International Video/Columbia TriStar Home Video to release their back catalogue. Also that same year, Central Independent Television's home video label, (Central Video), began distributing its products through The Video Collection, replacing Pickwick Video.
The "Strand VCI plc" subsidiary was rebranded simply to "VCI plc" beforehand in May 1993.[8]
In 1995, VCI plc rebranded "The Video Collection" as simply "VCI". In April, VCI acquired a 49% minority stake in Hat Trick Productions' film unit - Hat Trick Films. VCI's deal would allow the company to invest £250,000 in the company's films, with a further £450,000 available for the next 18 months. The deal would expect 10 projects a year, with £50,000 paid per script. VCI already held an existing home video distribution agreement with the company for their programmes prior to the deal.[9] Within the same year, the company renewed its home video deal with Thames Television, but would only last 3 years,[10] while Cinema Club became a standalone division of VCI, becoming a joint-venture with Columbia TriStar Home Video.[11] [12]
On 20 January 1996, the company secured a ten-year extension to its home video deal with Manchester United and purchased the club's book and publishing interests for £2.4 million, allowing VCI to publish books and magazines based on the club.[13] In September, the company secured a £300 million deal to purchase the football club, which Manchester United rejected.[14] [15] [16] At the end of the year, as the result of Central's takeover by Carlton Communications, Central ended their home video contract with VCI, with their releases now going through Carlton Home Entertainment.[10] VCI would also take over sell-through distribution of FilmFour releases, FilmFour would however retain rental rights, as VCI only operated sell-through and not rental.
At the beginning of 1998, VCI signed 2 deals with both Feature Film and Channel 4. Channel 4 had initially been self-releasing its titles through its home video label, (Channel 4 Video), and had followed their prior deal with FilmFour in which VCI only handled retail.[17] [18] [19] In March, VCI entered into a five-year joint venture with the Granada Media Group to launch the "Granada Video" label. The deal would bring a further 15,000 hours worth of content into VCI's catalogue, including programmes from GMG-owned ITV franchisees (Granada Television, LWT, Tyne Tees Television and Yorkshire Television), but did not include GMG's film division.[20] On 8 September 1998, SMG, who already held a 26.1% share in VCI, approached a £31 million bid to purchase the company outright.[21] On 22 September, the Kingfisher Group approached with a higher offer of £46.8 million. Kingfisher won out, with SMG selling their stake over to Kingfisher in October.[22] Kingfisher's £59.3m purchase of Video Collection International was closed by December.
On 6 October 2000, Carlton Communications purchased book publisher André Deutsch from VCI plc, including literature rights to Granada Media's properties and the Manchester United Books imprint.[23]
In July 2001, VCI plc was divested with Woolworths as part of the newly-formed Woolworths Group.[24] By then, VCI plc consisted of the Demon Music Group, Disc Distribution, VCI and Cinema Club (the latter still being a joint-venture with Columbia TriStar Home Entertainment). In September, the company signed a seven-year agreement with longstanding partner Ragdoll Productions to release the revival of Brum on home video,[25] [26] which was expanded in November 2002 to include Boohbah as a five-year deal.[27]
In June 2002, the Cinema Club joint-venture with Columbia TriStar Home Entertainment ended, with VCI fully taking over the Cinema Club label, reducing the label to releasing VCI's back catalogue on VHS & DVD for budget prices.[28] Columbia TriStar Home Entertainment would form a new joint-venture with Universal Pictures UK called UCA for releases of its back catalogue for budget prices.[29] In the same month, the company sold Disc Distribution to Deluxe Video Services, allowing them to physically distribute VCI's products.[30] In July 2002, Woolworths Group announced their intentions to sell off the business.[31]
On 12 July 2004, Woolworths Group and BBC Worldwide announced a new joint-venture company called 2 Entertain (stylized as 2 | entertain),[32] which their existing home video units would merge into which are BBC Video and Video Collection International (the latter also including both the Demon Music Group & Cinema Club, and would be renamed to 2 Entertain Video Limited). The merger was completed on September 27, 2004, but despite the 2 Entertain merger, Video Collection International's logo continued to be used until September 2005 and the BBC's home entertainment unit is still used as of today. BBC Worldwide would hold 60% ownership, while Woolworths would hold 40%.[33] [34]
While most BBC releases would be released under the venture, BBC Worldwide would initially retain standalone rights to children's, music and educational products until 2010. The venture retained its partnerships with HIT Entertainment (for Thomas & Friends releases until 2008; after which HIT started self-releasing Thomas titles), Ragdoll Productions, and their worldwide rights for Manchester United releases.
The 2 Entertain brand would be used for full-price releases, the Demon Music Group label continuing to be used for music releases and the Cinema Club label was retained for budget-priced releases until 2007.[35]
Prior to this, Granada Media, one of VCI's main partners, had purchased Carlton Communications and renamed itself ITV plc in February. Carlton already had a home video unit (which was called Carlton Visual Entertainment) and because of the BBC's status in 2 Entertain, ITV ended their deal with them and eventually, all ITV material started being released through Carlton's unit, which was renamed Granada Ventures. In June 2005, Channel 4 announced the end of their partnership with 2 Entertain, and started up its own home video distribution unit (Channel 4 DVD) in July, with Lace International handling distribution.[36] Channel 4 citified that they were uncomfortable with the BBC's status in 2 Entertain and that it jeopardized their DVD sales, this prompted them to release DVDs in-house. Spirit Entertainment later took over distribution, though still using Channel 4 DVD branding.
Despite losing their two main partners, 2 Entertain did not stop securing new deals, it even signed 2 new deals, one with Five in August 2005 to launch a Milkshake! branded video label,[37] and one with Aardman Animations in 2006 (mainly for Shaun the Sheep, but also Angry Kid, Wallace and Gromit and Timmy Time).[38]
On 26 November 2008, BBC Worldwide were announced to be in talks about purchasing Woolworths Group's 40% stake in 2 Entertain.[39] This was finalised in March 2010, making 2 Entertain a fully owned subsidiary, additionally, in the same year, BBC Worldwide's standalone rights to children's, music and educational products would transfer to 2 Entertain.[40]
Starting in May 2012, the BBC label once again started to be solely used for BBC broadcast content, while the 2 Entertain label was reduced to being used for non-BBC broadcast content, in addition, the company was eventually renamed BBC Studios Home Entertainment (although 2 Entertain is still the legal name of the company).
In April 2022, BBC Studios Home Entertainment (and therefore 2 Entertain) signed a distribution deal with British distributor Spirit Entertainment to represent its physical catalogue in the United Kingdom, after their deal with Sony DADC expired.[41]
In the United States, BBC Video's releases were initially distributed by CBS/Fox Video throughout the 1980s and 1990s until the end of June 2000, when the two companies decided not to renew their deal. On 28 June 2000, BBC Worldwide announced a new partnership with Warner Home Video that would begin effectively on 1 July 2000, excluding the release of Walking with Dinosaurs, which was instead transferred over from CBS/Fox to Warner on 1 September 2000.[42] In December 2006, 2 Entertain (which had been releasing most of the BBC's output in the UK around that time) renewed their US distribution agreement with Warner Home Video for BBC content.[43]
In Australia and New Zealand, BBC Worldwide initially distributed their products through PolyGram Video before entering into a long-term partnership with both ABC Commercial and Roadshow Entertainment that began in 1996 and was renewed many times, with one of them being a four-year extension occurring in September 2008.[44] On 30 April 2012, BBC Worldwide signed a five-year standalone Australian and New Zealand deal with Roadshow Entertainment within a five-year period, beginning 1 July.[45] Following the expiration of this deal, BBC Worldwide/Studios began distributing its products through Universal Sony Pictures Home Entertainment. After this deal expired, the BBC transitioned distribution over to Madman Entertainment beginning in September 2023.[46]
In Latin America and Brazil, BBC Worldwide signed a deal with En Pantalla in March 2007 for the distribution of BBC's factual titles.[47]
The Video Collection label was briefly used in European territories throughout the mid-late 1980s, operating in France as Vidéo Collection France, and in Spain as Vídeo Colección S.A.
In 1989, VCI formed a North American subsidiary called Strand VCI Entertainment, which would distribute content in North America. Strand VCI held the North American rights to several properties including Thomas The Tank Engine & Friends, the ABC Kidtime video lineup, the 1989 The Jungle Book anime series, as well as content from ITN. The company also released music content on VHS, including Queen's "We Will Rock You" live concert. They were rebranded as Strand Home Video in 1992.[48]
In March 1993, Strand signed a seven-year extension with Quality Family Entertainment to continue to be the exclusive distributor for Thomas the Tank Engine & Friends home videos in North America until 1999. They also signed a distribution deal with British distributor Abbey Home Entertainment to release their products in North America, including Bump's First Video.[49]
In December 1993, VCI plc exited the North American market and sold Strand Home Video to the Handleman Company, who would absorb Strand into the company's Video Treasures division, VCI would stick to UK VHS releases from then-on.[50] [51]
For a brief period in 1994, Strand released audio cassettes under the "Strand Music" imprint, which like with their VHS releases were distributed through Video Treasures.[52]
1995 | £35,132,000 | |||
1996 | £29,958,000 | £8,202,000 | £1,578,000 | |
1997 | £28,181,000 | £19,430,000 | £829,000 | |
1998 | £26,738,000 | £2,222,000 | -115,000 | |
1999 | £36,044,000 | £1,468,000 | £584,000 | |
2000 | £40,666,000 | £1,271,000 | £154,000 | |
2001 | £37,943,000 | £764,000 | £311,000 | |
2002 | £50,558,000 | £109,000 | £193,000 | |
2003 | £65,803,000 | £1,126,000 | £92,000 | |
2004 | [54] | |||
2005 | £118,007,000 | £2,526,000 | £7,726,000 | |
2006 | £128,050,000 | £26,295,000 | £11,719,000 | |
2007 | £124,817,000 | £30,200,000 | £14,200,000 | |
2008 | £112,123,000 | £97,573,000 | £15,600,000 | |
2009 | £115,746,000 | £74,763,000 | £20,193,000 | |
2010 | £124,870,000 | £63,100,000 | £26,500,000 | |
2011 | £104,522,000 | £64,328,000 | £19,012,000 | |
2012 | £97,118,000 | £41,067,000 | £19,198,000 | |
2013 | £69,196,000 | £41,245,000 | £16,060,000 | |
2014 | £55,048,000 | £37,233,000 | £14,098,000 | |
2015 | £38,961,000 | £33,625,000 | £14,193,000 | |
2016 | £32,199,000 | £24,280,000 | £8,287,000 | |
2017 | £26,062,000 | £22,175,000 | £4,464,000 | |
2018 | £22,001,000 | £22,490,000 | £4,162,000 | |
2019 | £18,593,000 | £16,563,000 | £1,622,000 | |
2020 | £13,935,000 | £9,789,000 | £2,157,000 | |
2021 | £13,703,000 | £8,836,000 | £1,717,000 |