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December 10, 1998
- On December 10, 1998, PolyGram was sold to Seagram & Sons (the former parent of Universal Studios, now part of NBCUniversal). The US division of PolyGram Video was sold to USA Networks, Inc. and renamed USA Home Entertainment. The European division of PolyGram Video was reorganized under the Universal Studios Home Video name.
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On December 10, 1998, PolyGram was sold to Seagram & Sons (the former parent of Universal Studios, now part of NBCUniversal). The US division of PolyGram Video was sold to USA Networks, Inc. and renamed USA Home Entertainment .
Jun 16, 2024 · On December 10, 1998, Seagram, then the corporate parent of Universal Studios, completed an acquisition of PolyGram that it had announced in May; subsequently, the conglomerate was folded into Universal Pictures' broader operations, with PolyGram's film distribution network outside of the North American market being renamed to Universal ...
On February 28, 1999, Universal Studios Home Video signed a multi-year deal with Columbia TriStar Home Video to allow the latter to distribute Universal's DVD releases outside North America. That same year, the company also took over PolyGram Video's international functions.
Apr 20, 2024 · In 1999, when PolyGram was sold to Seagram, PolyGram Video was renamed to Universal Studios Home Video, except for North America, which the U.S. division was sold to USA Networks, and it was renamed under the USA Home Entertainment moniker.
In January 1996, PolyGram bought out Universal's 50% stake and in 1997, PolyGram Films was founded to release PFE's mainstream titles in the United States, while Gramercy became a low-budget/art-house sublabel.
1987 was a busy year for MCA Home Video; the company underwent an executive shuffle, signed an exclusive three-year deal with International Video Entertainment for video distribution, and began offering new content from Ringling Bros. and Barnum and Bailey Circus. [11] [12]
Nov 4, 2022 · It was designed by its parent company, Dutch music giant PolyGram, to take advantage of the growing home video market and also to take on the US film studios at their own game by creating a European version of one of the big US movie companies.
