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Also in 1991, New Line acquired a company called Nelson Entertainment Group. The deal gave New Line home video and foreign rights to a substantial collection of films, some 600 in all. As part of the arrangement, New Line also became a backer of filmmaker Rob Reiner.
Nelson Entertainment
In May 1991, New Line purchased the home video and foreign rights to films held by Nelson Entertainment (whose library included films inherited from Embassy Pictures) for $15 million, and thus obtained roughly 600 films. [2]
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New Line Cinema was established in 1967 by the then 27-year-old Robert Shaye as a film distribution company, supplying foreign and art films for college campuses in the United States. Shaye operated New Line's offices out of his apartment at 14th Street and Second Avenue in New York City. One of the company's early successes was its distribution of...
Picturehouse (with HBO)New Line Cinema on XNew Line 40th Anniversary interview with Michael Lynne and Robert Shaye on Charlie RoseIn 1991, Nelson Entertainment sold its home video division to New Line Cinema and it was rebranded as New Line Home Video. The company was later renamed Sultan Entertainment and was acquired by New Line, who then later took over the rights to the library.
Feb 29, 2008 · New Line spent at least $180 million to produce and tens of millions more to market the first film, “The Golden Compass,” which only managed $70 million in domestic ticket sales.
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On December 9, New Line acquired Nelson (which by then was renamed "Sultan Entertainment") and Nelson was later folded. The Nelson catalog, including television rights to some New Line features of the period, was sold to Crédit Lyonnais Bank, to be incorporated into the Alpha library of Epic Productions , and later to PolyGram Filmed ...
