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Ventura Creates Family and Children's Division

10 Jul, 2002 By: Stephanie Prange

By STEPHANIE PRANGEVentura Distribution is forming a new subsidiary to focus on children's and family home entertainment programming.

Industry veterans Don Gold and Greg Yulish, who worked together previously at Harvey Entertainment, will head the division as co-presidents.

“We are poised and committed to develop new product and acquire titles for the children's and family home entertainment market. We are delighted to re-team Don Gold and Greg Yulish, who worked together at Harvey Entertainment. Don and Greg will be an asset in not only setting up this new division, but in assisting in creating new opportunities across the board for Ventura Distribution,” said Larry Hayes, president, Ventura Distribution.

The new kid's/family subsidiary will offer a broad range of entertainment services including domestic and international home video sales, manufacturing, creative services, marketing and content branding, the company announced.

“The Ventura model is to provide content owners the option to select the services that will best promote and market their product. We will now be able to extend an additional expertise to kids and family programming,” said Craig Sussman, Ventura's executive VP.

With the exception of Ventura's UrbanWorks' urban entertainment subsidiary, Gold and Yulish will also head up Ventura's acquisition efforts and oversee long term content strategy.

“There is a real opportunity for a solid distributor to enter the family market,” Gold said.

“Don and I are very excited to co-found a distribution company that is committed to establishing a proprietary label and offering distribution services for quality kid's and family product,” Yulish said.

Gold was most recently executive VP, worldwide home entertainment, for DIC Entertainment, where he re-launched the “Madeline” series. Prior to joining DIC, Gold was at itsy bitsy entertainment, and Harvey Entertainment, where he acquired the rights to Eloise for the upcoming Eloise filmed entertainment events. In 1991,Gold launched the multi-platinum “Thomas the Tank Engine” series for Strand Home Video and from 1994 through 1997 served as SVP of sales for Trimark. Gold also served as West Coast Regional Sales Director for Vestron Video. He held similar positions at MGM and Disney.

Yulish was formerly the EVP and CFO for The Harvey Entertainment Co. During Yulish's tenure at Harvey, he managed the release of the Casper motion picture in 1995, which grossed over $300 million in box office receipts and sold more than 15 million videos worldwide. In addition, Yulish supervised the release of Richie Rich in 1994, which grossed more than $90 million at the box office and sold in excess of 7 million videos worldwide. He also financed two Casper direct-to-video titles, one Richie Rich direct-to-video title and produced more than 100 episodes of new animation based upon the company's characters.

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