Sector: Consumer Cyclicals | Industry: Entertainment Production |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3301 Exposition Blvd # 100 SANTA MONICA CA 90404 |
Tel: | N/A |
Website: | N/A |
IR: | N/A |
Key People | ||
Alan G. Quasha Chairman of the Board | Trevor Drinkwater President, Chief Executive Officer of the Company and the Distributor, Director | Stephen K. Bannon Vice Chairman of the Board |
Edward J. Byrnes Chief Financial Officer, Executive Vice President | Matthew Smith President of The Distributor | Mitch Budin Executive Vice President, General Manager of the Distributor |
Michael Radiloff Executive Vice President of Productions and Acquisitions of the Distributor | Rodney Satterwhite Executive Vice President - Distributor |
Business Overview |
Genius Products, Inc. through its 30%-owned subsidiary, Genius Products, LLC (the Distributor), is a independent home entertainment products company that acquires, produces and licenses an extensive library of motion pictures, television programming, and trend entertainment that is primarily sold on digital versatile disks (DVD) and digitally. The Distributor works in partnership with major retailers to distribute widely recognized home entertainment brands to a diversified customer base. The remaining 70% of the Distributor is owned by The Weinstein Company Holdings LLC (TWC Holdings) (which includes a 1% percentage interest owned indirectly through its wholly owned subsidiary, W-G Holding Corp (W-G Holding)). TWC Holdings is the parent company of The Weinstein Company LLC (TWC), the largest provider of content for the Company's library. |
Financial Overview |
For the nine months ended 30 September 2008, Genius Products Inc revenues was not reported. Net loss increased from $9.8M to $52.2M. Higher net loss reflects Impairment of investment in Distributor increase from $0K to $36M (expense), Equity in net loss from Distributor increase from $6.6M to $27.4M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$74.67 to -$385.96. |