Gaia, Inc. Explained

Gaia, Inc.
Type:Public
Traded As:NASDAQ: (Class A)
Russell 2000 Component
Founded:
Boulder, Colorado, U.S.
Founder:Jirka Rysavy
Hq Location City:Louisville, Colorado
Hq Location Country:U.S.
Key People:[1]
Industry:Video production
Footnotes:[2]

Gaia, Inc. is an American media company founded in 1988 by Jirka Rysavy in Louisville, Colorado. It owns and operates Gaia TV, an over-the-top subscription video on-demand service consisting of original and licensed alternative media documentaries. While the content on Gaia TV initially focused on yoga, mindfulness, and alternative medicine to complement the company's yoga equipment distribution business, the latter's divestiture led to a greater emphasis on content promoting conspiracy theories and pseudoscience.[3] The service has been criticized and deplatformed from social media platforms including Facebook and YouTube for hosting videos promoting vaccine misinformation and conspiracy theories such as the Illuminati, UFOs, and Atlantis.[4] [5] [6]

, Gaia TV had over 500,000 subscribers in 185 countries.[7] As of 2024, they had 806,000 subscribers.[8]

History

Gaia was founded in 1988 by Czechoslovakian-born entrepreneur Jirka Rysavy.[9] Originally branding itself as a yoga equipment brand, Gaia sold mail-order exercise videos and alternative medicine products.[10]

Gaia began several acquisition and merging endeavors in the early 2000s. In 2001, Gaia merged with the Californian company Real Goods Solar, a residential and commercial solar power integrator with a focus on off-the-grid living.[11] Gaia continued expansion and in 2003 bought a 50.1% share in its UK distributor Leisure Systems International (LSI).[12] In 2005, Gaia acquired the media assets of GoodTimes Entertainment and Jetlag Productions.[13] The company additionally acquired both Lime TV[14] and Zaadz.com[15] in 2007 to start what was called the LOHAS network (LOHAS stands for Lifestyles of Health and Sustainability). In 2008, Rysavy stepped down as CEO.

In 2011, Gaia launched Gaia TV, a streaming service for videos on yoga, meditation, and fringe science.[16] The company acquired Vivendi Entertainment, a DVD distributor from Vivendi subsidiary Universal Music Group Distribution, merging it with its home entertainment division to form Gaiam Vivendi Entertainment.[17] [18]

In 2016, Sequential Brands Group purchased the Gaiam brand and yoga equipment unit for $167 million. Gaia subsequently rebranded itself, focusing solely on its alternative media streaming service. Over the next three years, the service would increase in popularity. In 2019, USA Today ranked Gaia, Inc as the world's fastest-growing retailer,[19] spending up to 120% of its revenue on advertising.[20] Gaia also sold its travel business for $12 million.[21]

Gaia added live streaming events from a new event center at its Louisville, Colorado campus in 2019.[22] [23] [24] Events are live streamed in 185 countries with simultaneous translation.[25]

In February 2021, Business Insider published an investigative piece detailing workplace harassment and concerns about the surveillance of Gaia employees by the company.[26] These concerns stemmed from Gaia offering blood tests to employees, as well as unsupported reports that CEO Rysavy had installed 'a machine' on the roof of Gaia headquarters to 'psychically monitor employees.'

In November 2021, American singer and actor Demi Lovato became the first celebrity ambassador for Gaia. Lovato announced via Instagram that they were partnering with Gaia, stating, "Thrilled to be a Gaia ambassador, understanding the world around us (the known and the unknown) is so exciting to me!"[27] [28] [29] [30] Lovato came under scrutiny for the partnership from fans due to Gaia's controversial content.[31]

Gaia acquired the digital video service Yoga International in December 2021.[32]

In 2023, Gaia appointed James Colquhoun to the new position of Chief Operating Officer. During this time Gaia also announced an AI-powered search engine for their content library.[33] In March 2024, Gaia launched Gaia+, a premium membership providing access to workshops, live events, and guided programs.[34] [35]

Programming

Gaia's content library encompasses over 8,000 films on a variety of alternative media subjects, ranging from yoga and meditation to alternative medicine and conspiracy theories.[36] Many of its documentaries endorse pseudoscience such as divination, metaphysics, astrology, pseudoarchaeology, alchemy, and mysticism.[37] [38] [39] Its coverage of alternative medicine includes videos on energy healing, naturopathy, traditional Chinese medicine, ayurveda, and time travel. While some of these discuss nutrition in the context of mainstream principles such as balanced diets, many also make disputed claims on subjects such as detoxification, superfoods, and the Paleolithic diet. Several such videos were the result of a controversial partnership with Mayo Clinic.[40]

Lawsuit and accusations of Luciferianism

In 2018, conspiracy theorist David Wilcock left Gaia. After his departure, his resignation letter was brought to public attention, supposedly claiming Gaia was spreading "Lucifer propaganda." These accusations generated a substantial amount of hate mail and death threats toward employees at Gaia. Wilcock eventually apologized to Gaia, and stated in his apology letter that his words were taken out of context and were meant to remain internal.[41]

That same year, Patty Greer, a filmmaker formerly contracted by Gaia, accused the company of "promoting Luciferianism and using directed-energy weapons against critics."[42] [43] [44] [45] Greer claims she was attacked with a "directed energy weapon" in the Phoenix, Arizona airport in 2017. In addition, Greer alleged her films were intentionally removed from the Gaia website. She stated that her refusal to sign a non-disclosure agreement involved in regaining distribution rights to her films ultimately led to her content being intentionally removed from the site.

Following numerous videos and posts from Greer claiming Gaia was infiltrated by satanists and reptilians, Gaia sued Greer for slander. Gaia claimed that Greer was retaliating after a decline in viewership of her videos hosted on Gaia's streaming services.

On December 14, 2018, the case was dismissed without prejudice, noting that Greer had not been served. On December 27, Gaia filed another lawsuit against Greer, seeking one million in damages.[46] The lawsuit was settled in 2019, and Greer posted an apology to her website as part of a settlement agreement and removed all of the content surrounding Gaia and #GEM.

Notes and References

  1. Web site: Executive carousel turns at Gaia . Bizwest.
  2. Web site: Management Team. Gaia. 10 November 2022.
  3. Web site: Murphy . Duane Paul . 2018-09-25 . The Gaia Deception: Digital New Age Nonsense . 2019-05-21 . TheHumanist.com.
  4. Web site: 2021-11-17 . Demi Lovato's Fans Voice Outrage After Singer Joins Controversial Conspiracy Site Gaia . 2023-07-25 . ELLE . en-GB.
  5. Web site: 2021-11-09 . Demi Lovato Signs On As "Ambassador" For Conspiracy Theory Website . 2023-07-26 . Stereogum . en.
  6. News: Cooper . Helene . Blumenthal . Ralph . Kean . Leslie . 2017-12-16 . Glowing Auras and 'Black Money': The Pentagon's Mysterious U.F.O. Program . en-US . The New York Times . 2019-10-03 . 0362-4331.
  7. Web site: Gaia Widens Loss In Q3 SGB Media Online. sgbonline.com. 5 November 2018 . 2019-10-09.
  8. Web site: High . Lucas . Gaia’s video service sees nearly double-digit membership growth . Bizwest.
  9. 'Gaiam Third Child of Entrepreneur Rysavy,' Boulder County Business Report, November 1, 1998, p. 1.
  10. Web site: Price . Rob . Gaiam, one of the world's most popular yoga mats, has its roots in a conspiracy site that touts alien secrets and 9/11 theories . 2023-07-26 . Business Insider . en-US.
  11. 'Gaiam, Real Goods to Merge,' Denver Post, October 17, 2000, p. C2.
  12. http://corporate.gaiam.com/sites/default/files/Gaiam-Annual-Report-2003.pdf Gaiam, Inc. (2003). 10-K Annual Report 2003. Retrieved December 20, 2012 from Gaiam Corporate Website
  13. http://www.bizjournals.com/denver/stories/2005/09/12/daily27.html?jst=b_ln_hl Gaiam closes GoodTimes Entertainment Deal at $35M"
  14. https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aI3snuQ.fzlE "Gaiam, Zaadz, LIME Media & Conscious Enlightenment Create Unified Source for LOHAS"
  15. http://mashable.com/2007/08/06/zaadz-gaiam/ Zaadz: Green Living Social Network Acquired"
  16. https://www.sec.gov/Archives/edgar/data/1089872/000119312512117500/d280922d10k.htm Gaiam, Inc (2011). 10-K Annual Report 2011. Retrieved December 20, 2012, from Gaiam Corporate Website.
  17. http://www.marketwatch.com/story/gaiam-completes-acquisition-of-vivendi-entertainment-creating-gaiam-vivendi-entertainment-the-nations-largest-independent-content-distributor-2012-04-03 Gaiam Completes Acquisition of Vivendi Entertainment Creating Gaiam Vivendi Entertainment, the Nation's Largest Independent Content Distributor - MarketWatch
  18. https://www.variety.com/article/VR1118052250/ "Gaiam Acquires Vivendi Entertainment: Deal creates major indie distrib of nontheatrical content"
  19. Web site: Among the world's 20 fastest growing retailers, Amazon just ranks at No. 4 . 2019-05-20 . USA Today.
  20. Gaia Reports Fourth Quarter and Full Year 2019 Results . 2020-02-24 . GlobeNewswire News Room . 2020-05-12.
  21. Web site: Barrow . Alex . Gaia: A Booming New-Age Streaming Service Run By A Zen-Monk CEO . Macro Ops.
  22. Web site: Gaia to launch live streaming from Louisville campus. 2019-04-27. Boulder Daily Camera . 2019-08-23.
  23. Web site: Gaia to launch live streaming from Louisville campus. 2019-04-27. Boulder Daily Camera. en-US. 2019-08-29.
  24. Web site: Gaia Widens Loss In Q3 SGB Media Online. sgbonline.com. 5 November 2018 . 2019-08-29.
  25. Web site: Louisville's Gaia grows revenue, aims for 1M subscribers by 2019. 2018-05-08. Longmont Times-Call. en-US. 2019-08-23.
  26. Web site: Price . Rob . Gaia was a wildly popular yoga brand. Now it's a publicly traded Netflix rival pushing conspiracy theories while employees fear the CEO is invading their dreams. . 2023-07-26 . Business Insider . en-US.
  27. Web site: McNab . Kaitlyn . November 18, 2021 . Demi Lovato Joined Gaia — Here's Why It Matters . December 15, 2021 . . Condé Nast.
  28. Web site: Strunck . Clara . November 17, 2021 . Demi Lovato Joins Conspiracy Site Gaia - Here's What You Need To Know . December 15, 2021 . . UK.
  29. Web site: Paper Magazine . November 9, 2021 . Demi Lovato Is Out Here Promoting a Site for Conspiracy Theorists . December 15, 2021 . Paper.
  30. Web site: Rude . Mey . November 9, 2021 . What You Need to Know About Demi Lovato Joining Conspiracy Site Gaia . December 15, 2021 . Out.
  31. Web site: 2021-11-18 . Demi Lovato Joined Gaia — Here's Why It Matters . 2023-07-26 . Teen Vogue . en-US.
  32. Web site: Ryan . Thomas . The 2021 Year In Review: M&A Accelerates Across Active Lifestyle Market . SGB Media.
  33. Web site: Franks . Nico . Streamer Gaia promotes COO James Colquhoun to CEO role . c21 Media.
  34. Web site: Events . Gaia . 5 August 2024.
  35. Web site: Gaia Launches Gaia+, Reshaping the Streaming Industry with an Unparalleled Collection of Inspirational Content for Personal Growth and Transformation. . CSI Market.
  36. Web site: Gaia Hits Filmmaker Patty Greer With an Old-School Weapon: a Lawsuit. Pampuro. Amanda. 2018-08-21. Westword. 2019-10-09.
  37. Web site: Gobekli Tepe: The World's First Temple?. Curry. Andrew. Smithsonian. en. 2019-10-23.
  38. Web site: Skull Cult at Göbekli Tepe - Archaeology Magazine. www.archaeology.org. 2019-10-23.
  39. Web site: Alchemy for Soul Ascension with Theresa Bullard. Regina Meredith. en-US. 2019-11-14.
  40. Li. Ben. Forbes. Thomas L.. Byrne. John. 2018. Integrative medicine or infiltrative pseudoscience?. The Surgeon. en. 16. 5. 271–277. 10.1016/j.surge.2017.12.002. 29305045. 19580427 .
  41. Web site: Pampuro . Amanda . Gaia Settles Million-Dollar Lawsuit Against Filmmaker Patty Greer . 2023-07-26 . Westword . en.
  42. Web site: Pampuro . Amanda . 2018-08-21 . Gaia Hits Filmmaker Patty Greer With an Old-School Weapon: a Lawsuit . 2019-01-14 . Westword.
  43. Web site: 2018-08-09 . UFO filmmaker who called former client 'Luciferian' sued for defamation . 2019-01-14 . BusinessDen.
  44. Web site: Pampuro . Amanda . 2018-12-31 . Slander Suit Against Filmmaker Patty Greer Dismissed, Then Refiled . 2019-01-14 . Westword.
  45. Web site: CropCircleFilms.com Offers Patty Greer's Award Winning Crop Circle UFO Films . 2019-08-19 . Crop Circle Films.
  46. Web site: Pampuro . Amanda . Slander Suit Against Filmmaker Patty Greer Dismissed, Then Refiled . 2023-07-26 . Westword . en.