Lakeshore Entertainment

Lakeshore Village Entertainment
FormerlyLakeshore Entertainment Group (1994–2021)
Company typePrivate
IndustryEntertainment
Founded1994; 30 years ago (1994)
Founders
Defunct2020; 4 years ago (2020)
SuccessorVine Alternative Investments
Headquarters
Beverly Hills, California
,
United States
ProductsMotion pictures
OwnerVine Alternative Investments (2019–2024)
Shamrock Capital (2024–present)
Divisions
  • Lakeshore Television
  • Lakeshore Records
  • Lakeshore International
SubsidiariesOff the Dock (2015–18)

Lakeshore Village Entertainment is an American independent film production, finance, and former international sales and distribution company[1] founded in 1994 by Tom Rosenberg and Ted Tannebaum.[2] Lakeshore Entertainment is headquartered in Beverly Hills, California.[3]

The company produced over 60 films, including the Academy Award-winning Million Dollar Baby (2004).[4] Sigurjón Sighvatsson was the company's first president and served from its founding until 1998.[5] He was replaced by producer Gary Lucchesi.[6]

In 2013, Lakeshore launched a television division,[7] and in 2015, they launched a digital studio, Off the Dock, that targets the YouTube demographic.[8] The company also had a record label division, Lakeshore Records.

In March 2019, Lakeshore placed its film library up for sale. The library includes 300 titles, such as the New World Pictures library (which Lakeshore acquired in 1996).[9] In October 2019, Lakeshore sold its library and international operation to Vine Alternative Investments for roughly $200 million.[10] In July 2024, Vine Alternative Investments sold their portfolio (excluding Village Roadshow Entertainment Group and EuropaCorp) to Shamrock Capital.[11]

  1. ^ "'Lakeshore Entertainment". Archived from the original on 2019-06-06. Retrieved 2020-04-14.
  2. ^ Brodesser, Claude (2002-03-07). "Lakeshore's Tannebaum dies". Variety. Retrieved 2015-04-12.
  3. ^ "Film equity players". Variety. 2009-05-08. Retrieved 2015-04-12.
  4. ^ Hammond, Pete (2005-12-15). "'Million Dollar' march". Variety. Retrieved 2015-05-27.
  5. ^ Hindes, Andrew (1998-07-24). "Sighvatsson ankles Lakeshore". Variety. Retrieved 2015-04-12.
  6. ^ Carver, Benedict (1998-10-12). "Lucchesi pacts atop Lakeshore". Variety. Retrieved 2015-04-12.
  7. ^ Marechal, A. J. (2013-10-09). "Lakeshore Entertainment Launches TV Division Headed by Chad Hoffman". Variety. Retrieved 2015-05-27.
  8. ^ McNary, Dave (2015-03-26). "Lakeshore Launches Digital Studio With Justin Chon-Kevin Wu Comedy". Variety. Retrieved 2015-05-27.
  9. ^ "Lakeshore Entertainment Shops Film Library, Eyes Expansion into Television (EXCLUSIVE)". 8 March 2019.
  10. ^ "Vine Buys Lakeshore Entertainment Library & Int'l Sales Ops, Bringing Under Same Roof as Village Roadshow". 23 October 2019.
  11. ^ LLC, Shamrock Capital Advisors. "Shamrock Capital Acquires Premium Content Portfolio from Vine Alternative Investments". www.prnewswire.com. Retrieved 2024-09-23.