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American film entertainment company From Wikipedia, the free encyclopedia
Bloom Media (formerly MDP Worldwide, Behaviour Worldwide and Media 8 Entertainment) was an American independent film entertainment company engaged in financing, development, production and worldwide distribution of theatrical feature films in various forms of broadcast media.
| |
| Formerly | MDP Worldwide (1993–1998, 2000–2003) Behaviour Worldwide (1998–2000) Media 8 Entertainment (2003–2012) |
|---|---|
| Industry | Entertainment |
| Predecessor | Capella Films Lauren Films Araba Films |
| Founded | 1993 |
| Founder | Mark Damon |
| Defunct | 2019 |
| Fate | Acquired by WME-IMG in 2017 and folded into Endeavor Content in 2019 |
| Successor | Endeavor Content (now Fifth Season) |
| Headquarters | Los Angeles, California, United States |
| Products | Motion pictures |
| Parent | Endeavor Content (2017–2019) |
| Website | Official website |
The company was formed in 1993 by Mark Damon as MDP Worldwide (the "MDP" itself is short for Mark Damon Productions).
In 1998, it was sold to Behaviour Communications, a Canadian production company from the assets of Malofilm for $19 million, which subsequently changed its name to Behaviour Worldwide.[1] In 2000, citing the struggles of Behaviour themselves, Damon's investors opted to buy back the company, which was reverted to the MDP Worldwide moniker.[2]
MDP Worldwide posted net income of C$5.5 million ($3.4 million) on revenues of $33.5 million for the year ended September 30, 2002.[3] The company had offices in Los Angeles, California and Montreal, Quebec.
On October 9, 2003, MDP Worldwide was renamed Media 8 Entertainment.[4][5] On May 15, 2004, it was announced that Media 8 Entertainment wanted to focus on film production following the success of the film Monster, and chose to focus on eight movies budgeted on the $10-$50 million range.[6]
On October 14, 2004, founder Mark Damon announced that he would resign his post as chairman-CEO of the Media 8 Entertainment studio.[7] After leaving Media 8, on January 23, 2005, Damon would eventually form a new studio Foresight Unlimited, to focus on production, with Media 8 executive Tamara Stuparich De La Barra serving as vice president of production at the studio.[8]
In 2007, Media 8 Entertainment acquired the Spanish-based film companies Lauren Films and Araba Films, which then began to focus on the cinema theater business, until they became dormant in the 2010s.
In April 2012, Media 8 filed for Chapter 11 Bankruptcy, and it was reorganized as Bloom Media following a merger with Capella Films.[9]
In August 2017, Bloom was acquired by WME-IMG, with Bloom continuing to function as an entity within the company.[10] In October 2018, it was announced that Bloom's operations would be integrated into those of its parent Endeavor Content's, with Bloom's employees being transferred to Endeavor Content.[11]
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