Kids label Sony Wonder going under: sources
LOS ANGELES (Hollywood Reporter) - Children's audio and video label Sony Wonder, once the home of "Sesame Street" and "Rudolph the Red-Nosed Reindeer," will soon be history. Sources say parent company Sony BMG Music Entertainment is shuttering the label to focus on its core music business.
A company spokesman declined comment, but sources said Jim Wilson, the division's executive vp and general manager, is leaving the company.
On Sony Wonder's Web site, the division still bills itself as "a leading producer and distributor of children's entertainment . . . recognized for releasing some of the market's most popular content." The site mentions "partnerships with Sesame Workshops, Random House and Classic Media."
Sesame Workshop left Sony Wonder in February, cutting a long-term deal with Genius Products that gives Genius the North American DVD rights to its 100-plus titles, many of them consisting of "Sesame Street" episodes. Sony Wonder had distributed Sesame Workshop titles for more than a decade.
Classic Media exited the month before, bringing to Genius such high-profile titles as "Rudolph the Red-Nosed Reindeer," "Frosty the Snowman" and the animated VeggieTales franchise.
Shout! Factory, another of Sony Wonder's distributed labels, is reportedly moving to Vivendi Visual Entertainment for DVD distribution, bringing with it an assortment of eclectic music and TV product.
Sony Wonder reportedly is in the final stages of winding down its operations, with the first Sesame Workshop titles distributed by Genius slated to debut in April. The last slate of DVDs Sony Wonder brought to market shipped in November and included "A Sesame Street Christmas Carol" and a 20th anniversary edition of "Transformers: The Movie."
Sony Wonder was formed in 1993 and before long was releasing more than 50 video and 20 audio titles annually. The supplier was a driving force in the nascent sellthrough market in the 1990s, with its early success fueled by a distribution deal with Nickelodeon prior to MTV's purchase by Viacom. Sony Wonder aggressively courted mass merchants with tie-ins, cross promotions, and ample point-of-purchase displays and signs and focused on product for preschoolers, which at the time was an underserved market.
- Obama makes rare campaign trail appearance, people leave early
- Obama makes rare campaign trail appearance, some leave early
- Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders |
- Nigeria declared Ebola-free, holds lessons for others |
- U.S. stocks end higher despite drag from IBM