Complex sentence: In 2001, the company acquired the library of Lawrence Gordon's studio, Largo Entertainment, with Warner Home Video acting as distributor, and also produced films such as "K-PAX" and "The Wedding Planner".
Split into simpler sentences: In 2001, acquired the library of Lawrence Gordon's studio, Largo Entertainment, with Warner Home Video acting as distributor. Intermedia also produced films such as "K-PAX" and "The Wedding Planner".