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  1. 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]

  2. In 1991, Nelson Entertainment sold its home video division to New Line Cinema and it was rebranded as New Line Home Video. [13] The company was later renamed Sultan Entertainment and was acquired by New Line, who then later took over the video rights to the library. [14]

    • Exploiting A College Niche: 1960s-70s
    • Rising to A New Level with Freddy: 1980s
    • Transformation in The Early 1990s
    • A Bigger Player in The Late 1990s and After
    • Principal Divisions
    • Further Reading

    New Line Cinema began as a distribution company that showed films on college campuses. The company was founded by Robert Shaye in 1967. Shaye was born in 1940, the son of a wholesale grocer. Shaye first got behind a movie camera when he was 15, producing a training film for his father’s grocery. He attended the University of Michigan, where he earn...

    New Line had distributed George Romero’s Night of the Living Dead, a low-budget 1968 film that became a classic in the horror genre. Thus the company had an understanding of horror’s appeal to its core youth audience, as well as an idea of what could be done with just a couple million dollars for production. Robert Shaye was on the lookout for a fi...

    The company had a huge mass-market hit in 1990 with its release of Teenage Mutant Ninja Turtles. The movie, based on a comic and television show about four pizza-loving warrior turtles, was a must-see for children worldwide, and it became the highest grossing film ever for an independent studio. New Line’s revenue rocketed up to approximately $150 ...

    New Line became a unit of Turner Broadcasting in 1994. The company began working on a slightly bigger scale, spending more to develop and promote its films. But it was still a small studio compared to such established Hollywood giants as Warner Brothers. The company had revenues of $400 million in 1994. It stayed with films for a youthful audience,...

    New Line Home Video; New Line Television; New Line Theatrical Distribution; New Line International Releasing.

    Andersen, Kurt, “Ted Goes to Hollywood II,” Time, August 30, 1993, p. 65. Angwin, Julia, and Martin Peers, “AOL Time Warner Narrows Loss, Meets Targets,” Wall Street JournalApril 19, 2001, p. A3. Coleman, L., “Picking Your Targets,” Forbes, January 21,1991, p. 72. Eller, Claudia, “Latest Flop Caps a Painful Year at New Line Cinema,” Los Angeles Tim...

  3. On December 9, New Line acquired Nelson (which by then was renamed "Sultan Entertainment") and Nelson was later folded. The Nelson catalog was sold to Crédit Lyonnais Bank, to be incorporated into the Alpha library of Epic Productions, and later to PolyGram Filmed Entertainment.

  4. May 8, 1991 · New Line Distribution Agreement: New Line Cinema Corp. has signed an agreement to distribute existing and future film properties from Nelson Entertainment Holdings Inc.

  5. On December 9, New Line acquired Nelson Entertainment (which by then was renamed Sultan Entertainment), and the latter was 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 ...

  6. 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 Entertainment.

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