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IDT Entertainment Sales will represent the worldwide sales and marketing of IDT Entertainment properties, which include in-house productions of animated features, series, specials and live action feature films. In addition, IDTeS will acquire third-party properties for global distribution.
On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media (owners of the Starz Entertainment Group) "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."
Information on acquisition, funding, investors, and executives for IDT Entertainment. Use the PitchBook Platform to explore the full profile.
Initially, New Arc will distribute its movies direct to DVD. Anchor Bay, IDT Entertainment’s home video subsidiary, will distribute New Arc product in the U.S., Canada and the U.K. IDT Entertainment Sales will handle international sales in all media.
ENGLEWOOD, Colo. and NEWARK, N.J., Sept. 29 — Liberty Media Corporation (LINTA, LCAPA) and IDT Corporation (NYSE: IDT, IDT.C) announced today the completion of the final stage of Liberty’s acquisition of IDT’s Entertainment Division.
Jul 26, 2024 · On May 16, 2006, IDT Corporation announced that they were selling IDT Entertainment to Dr. John C. Malone's Liberty Media Corporation, which at the time held minority ownership in media conglomerates like Time Warner and Viacom.
May 16, 2006 · Liberty Media Corporation (NASDAQ: LINTA, LCAPA) and IDT Corporation (NYSE: IDT, IDT.C) announced today that they have entered into a binding term sheet for the sale of IDT...
