Alchemy (company)

Alchemy (company)
Alchemy (formerly Millennium Entertainment) was an American independent global film distributor based in Los Angeles, California. The company acquired and distributed feature films, television series and specialty programming.
History
Millennium Entertainment was 60% owned by production company Nu Image. Exclusive Media Group owned 20% and Prentice Capital owned the remaining stock. Following its formation in 2010, the company marked its first noteworthy theatrical release in 2011 with Trust, starring Academy Award nominees Clive Owen, Catherine Keener, and Viola Davis. Alchemy owns and operates a film library consisting of over 1,000 titles, including Paris, Je’TAime, Transsiberian, and Bad Lieutenant: Port of Call New Orleans, as well as the recent titles Elephant White, starring Djimon Hounsou and Kevin Bacon; Shadows and Lies, starring James Franco; and Blitz, starring Jason Statham.
Television series released by Alchemy include The Cosby Show, Baywatch, and A Different World. First Look Studios originally released all eight seasons of The Cosby Show, A Different World, and other shows on DVD, but they eventually filed bankruptcy in 2010. Millennium Entertainment acquired all of First Look Studios’ assets, and continued to release them in the United States, Canada, Bermuda, and other U.S. Territories. In April 2013, it was announced that Millennium Entertainment would be sold, and an investment company, Salem Partners, would assist in the sale. In August 2014 the company's library and distribution assets had been sold to a consortium consisting of its current management and Virgo Investment Group. The new owners renamed the company Alchemy in January 2015, finally cutting ties to its former sister company Millennium Films.
In July 2015 Alchemy acquired the film distribution assets of ANconnect and the digital film and television distributor Anderson Digital, both divisions of Anderson Media Corporation. The transaction will result in the addition of 40 new employees to the existent 70 and expand the company's catalogue to over 1,300 films and 3,000 TV episodes. In December 2015 Bill Lee exited the company as CEO.
Bankruptcy
In February 2016 Alchemy laid off 40 employees, equaling 40% of the company's entire staff. due to liquidity issues. The company began selling off previously acquired films including The Lobster, Free Fire, Mia Madre, 31 and Evolution. The Lobster and Free Fire were purchased by A24, while Madre was sold to Music Box Films, 31 to Saban Films and Evolution to IFC Midnight. The last of their acquisitions, Zeroville, wasn't released until 2019.
Alchemy filed for Chapter 7 bankruptcy on June 30, 2016. All employees were released following the bankruptcy.
Alchemy's remaining film library is currently owned by FilmRise.
Releases
TV series
Bethenny Ever After
Baywatch
The Cosby Show
A Different World
Flipping Out
Guy's Big Bite
Hell's Kitchen
The Invisible Man
Kathy Griffin: My Life on the D-List
McMillan & Wife
Million Dollar Listing Los Angeles
The Millionaire Matchmaker
Pregnant In Heels
The Rachel Zoe Project
Tabatha Takes Over
Unsolved Mysteries
Animated
Arthur! and the Square Knights of the Round Table
Dinky Dog
Drak Pack
Khumba
Wing Commander Academy
Films
Alpha Males Experiment
The Babymakers
Bernie
Blitz
Buck Wild
Control
Dead Awake
Dead Sushi
The Elephant in the Living Room
Elephant White
Elsa & Fred
Faces in the Crowd
Fake
High Road
Hisss
The Iceman
Intruders
Laddaland
Life of a King
Linklater
The Liquidator
Little Birds
A Little Bit of Heaven
Love
Moonwalkers
The Nocturnal
Persecuted
Playing Dirty
Puncture
Rampart
Red Lights
Rob the Mob
The Runner
Sacrifice
Shadows and Lies
Skin Traffik
So Undercover
Spiders
Stolen
Straight A's
Strangerland
Stuck in Love
Survivor
The Taking of Deborah Logan
Trespass
Trust
The Ultimate Yogi
Upside Down
The Wedding Weekend
Welcome to Me
What Maisie Knew
It's Alive
Distributed lines
UFC Ultimate Fighting Championship
Video Asia
References
External links
Official Alchemy LLC website
YouTube.com: Millennium Entertainment channel
Film distributors of the United States
Home video companies of the United States
Defunct film and television production companies of the United States
Entertainment companies based in California
Companies based in Los Angeles
Entertainment companies established in 2010
Mass media companies established in 2010
Mass media companies disestablished in 2016
2010 establishments in California
2016 disestablishments in California
Companies that filed for Chapter 7 bankruptcy in 2016
Companies that have filed for Chapter 7 bankruptcy
Privately held companies based in California
Defunct companies based in Greater Los Angeles