Madman Entertainment Pty. Ltd.
TypePrivate
IndustryEntertainment
Founded4 August 1996; 25 years ago (1996-08-04)
FoundersTim Anderson
Paul Wiegard
Headquarters,
Australia
Area served
Australia and New Zealand
Key people
  • Brett Chenoweth (chairman)
  • Paul Wiegard (CEO)
  • Adrian MacKenzie
Products
OwnerFive V Capital
Number of employees
90[1]
SubsidiariesDocPlay
Garage Entertainment
Madman Interactive
Websitewww.madmanfilms.com

Madman Entertainment Pty. Ltd. is an Australian distribution and rights management company headquartered in East Melbourne, Victoria, specialising in feature films, documentaries and television series across theatrical and home entertainment formats in Australia and New Zealand.

History

Early history

Madman launched in 1996 solely as an anime distribution company, but has since expanded. It manages the distribution of live-action titles through its labels Madman Films, Directors Suite, Madman Sports, Madman Laughs, Madman Television, Bollywood Masala and Eastern Eye as well as children's entertainment through its Planet Mad and Mad4Kids labels. Madman also has a theatrical distribution arm called Madman Cinema. In addition, the company distributes programmes acquired or produced by Australia's Special Broadcasting Service (and newly, titles from WWE in Australasia, thus replacing Shock Entertainment[2]) on DVD and Blu-ray.[3]

Until 2005, Madman was the distributor for Umbrella Entertainment.[4] Umbrella was established in 2001 and is based in Kew, Victoria.[5][6] It focuses on the genres of horror, cult, arthouse, classics and Ozploitation, as well as restoring and remastering old Australian films.[7][8]

Acquisition by Funtastic Limited

On 1 May 2006, Madman Group was purchased by Funtastic Limited for A$34.5 million, in order to acquire the media rights to titles for which Funtastic held the toy rights. Madman founders Tim Anderson and Paul Wiegard also signed an employment agreement upon the acquisition, remaining on Madman's board of directors.[9]

In 2007, Madman began a licensing agreement to release original Cartoon Network and Adult Swim series on DVD in Australia and New Zealand. Madman also programmed Adult Swim's anime block in the two countries until Cartoon Network Australia dropped its entire Adult Swim lineup on January 1, 2008.[10]

On 23 February 2008, Madman announced that it had reached a distribution deal with Viz Media to distribute Viz Media's manga titles in Australia and New Zealand.[11] The distribution deal ended in April 2016, with Simon & Schuster taking over distribution of Viz's catalogue, and Madman Entertainment ceasing distribution of all manga titles.[12]

At the 2008 Supanova Pop Culture Expo, Madman announced plans to explore new distribution methods. Madman launched the Madman Screening Room, a video on demand streaming service, with School Rumble being the first title on the platform.[13] Madman also began releasing Blu-ray Disc titles, starting with The Transformers: The Movie in June 2009.[14] On 1 June 2009, Madman Entertainment produced an English adaption of Tamagotchi: The Movie, a 2007 film based on the Tamagotchi digital pets from Bandai and WiZ. Madman also intended to dub the film's sequel, Tamagotchi: Happiest Story in the Universe!, but the dub was cancelled for unknown reasons.

In April 2008, the company announced a collaboration with British company Warp Films. Warp and Madman plan to make "at least two films together over the next three years, starting with Tyrannosaur."[15]

Independent company

On 4 March 2014, Funtastic Limited announced its intention to sell Madman Entertainment due to Madman's market value being half of its carrying value.[16] On 31 July 2014, original founders Tim Anderson and Paul Wiegard, along with a small group of investors, purchased Madman Entertainment from Funtastic for A$21 million.[17][18]

In April 2017, Madman Media Group announced it had purchased Garage Entertainment from SurfStitch Group for "a nominal cash consideration", acquiring Garage Entertainment Pty. Ltd. and TMG Media Pty. Ltd., with Madman and SurfStitch agreeing to negotiate a strategic partnership for content development and advertising services.[19]

Changing ownership of Madman Anime Group

On 17 February 2018, Madman co-founder & CEO Tim Anderson confirmed that on 15 November 2017, Sony Music Entertainment Japan subsidiary Aniplex had become a minority shareholder in Madman's anime business, Madman Anime Group, and was issued an undisclosed number of shares.[20]

On 23 May 2018, it was revealed that investors Adrian MacKenzie, Brett Chenoweth, and Charbel Nader were examining options to sell the Madman Media business, or bring in another investor, after PwC Australia conducted a strategic review, with Madman being valued around A$50 million.[21]

On 6 February 2019, Madman Entertainment sold Madman Anime to Aniplex for A$35 million.[18][22]

On 13 February 2020, it was announced that Madman Entertainment, Curzon, and Cinéart partnered to launch a US$1.6 million film development fund for three years. The partnership provides the companies first look options for distribution, and is expected to back 16 projects.[23] The Curzon CM Development Fund is operated from Curzon's London offices, and its first projects include Swimming Home, Sweet Maddie Stone, and The Ballad of a Small Player.[24]

Via Vision Entertainment

Children’s series

Upcoming

DocPlay

DocPlay is a video-on-demand streaming service dedicated to streaming documentaries. The serviced was launched by Madman Entertainment on 1 December 2016 as a subscription-only service, and included 130 documentary titles, with 20 Australian titles.[25]

On 29 November 2016, it was announced that Madman Entertainment were the recipients of Screen Australia's Enterprise funding program, with Madman launching DocPlay to allow for a revenue-sharing model for filmmakers of documentaries on the platform. The funding also allowed for DocPlay to acquire and stream Australian documentaries on the service.[26]

DocPlay later reached a content agreement with ABC Commercial to expand DocPlay's content by adding 180 hours of factual content from ABC's library onto the service. The deal included locally produced content, as well as content from New Zealand and the United Kingdom.[27]

References

  1. ^ "Madman Entertainment". Five V Capital. Retrieved 28 May 2022.
  2. ^ "Madman Entertainment Becomes the New Distributor for WWE in Australasia". Capsule Computers.
  3. ^ "Madman Entertainment - Anime & Pop Culture Store". Retrieved 26 July 2016.
  4. ^ "Change in Distribution for Umbrella Entertainment Titles" (Press release). Madman Entertainment. 1 August 2005. Retrieved 20 September 2019.
  5. ^ "About Umbrella". Umbrella Entertainment. Retrieved 20 September 2019.
  6. ^ "Opening up the Umbrella". Umbrella Theatrical. Retrieved 20 September 2019.
  7. ^ "South Australian Film Corporation partners with Umbrella Entertainment to re-release South Aussie screen classics". Film Ink. Retrieved 23 September 2019.
  8. ^ Groves, Don (7 January 2013). "Resurrecting Australian classic movies". SBS Movies. Special Broadcasting Service. Retrieved 23 September 2019.
  9. ^ Hayward, Jon (11 May 2006). "Madman Acquired by Funtastic for $34.5 Million AUD". Anime News Network. Retrieved 6 February 2019.
  10. ^ "Madman Entertainment - Anime & Pop Culture Store". Archived from the original on 22 December 2007.
  11. ^ "Viz Media Teams With Madman Entertainment on Manga". Anime News Network. Madman Entertainment. 23 February 2008. Retrieved 11 February 2019.
  12. ^ Hayward, Jon (21 April 2016). "Simon & Schuster Australia Takes Over Distribution of Viz Manga in AU/NZ". Anime News Network. Retrieved 11 February 2019.
  13. ^ Hayward, Jon (31 March 2008). "Madman News from Supanova Expo". Anime News Network. Retrieved 26 July 2016.
  14. ^ "Transformers - The Animated Movie (Blu-Ray)". Madman Entertainment. Retrieved 26 July 2016.
  15. ^ "Warp Teams with Madman". Madman Entertainment. 22 April 2008. Retrieved 26 July 2016.
  16. ^ Hayward, Jon (6 March 2014). "Funtastic Limited to sell Australian Distributor Madman Entertainment". Anime News Network. Retrieved 6 February 2019.
  17. ^ Hayward, Jon (31 July 2014). "Madman Entertainment Completes Buy-Back from Funtastic Limited". Anime News Network. Retrieved 6 February 2019.
  18. ^ a b Thompson, Sarah; Macdonald, Anthony (6 February 2019). "Director's cut: MacKenzie's Five V Capital sells Madman anime arm to Sony". The Australian Financial Review. Retrieved 6 February 2019.
  19. ^ Pash, Chris (17 April 2017). "SurfStitch has sold Garage Entertainment for a loss". Business Insider. Retrieved 15 February 2020.
  20. ^ Hodgkins, Crystalyn (17 February 2018). "Aniplex Invests in Australia's Madman Anime Distribution Company". Anime News Network. Archived from the original on 17 February 2018.
  21. ^ Thompson, Sarah; Macdonald, Anthony; Sprague, Julie-anne (23 May 2018). "Power trio seek buyer for Madman Entertainment". The Australian Financial Review. Retrieved 19 February 2020.
  22. ^ Antonio Pineda, Rafael (6 February 2019). "Aniplex Acquires Australian Distributor Madman Media's Anime Division". Anime News Network. Archived from the original on 6 February 2019. Retrieved 6 February 2019.
  23. ^ Grater, Tom (13 February 2020). "UK's Curzon, Australia's Madman, Benelux's Cineart Partner To Launch $1.6M Film Development Fund". Deadline. Archived from the original on 15 February 2020. Retrieved 15 February 2020.
  24. ^ "Curzon reveals first recipients of £1.2m development fund". Cinéart. 22 March 2021. Retrieved 26 March 2022.
  25. ^ "Madman launches DocPlay". IF Magazine. 2 December 2016. Retrieved 20 March 2020.
  26. ^ "Screen Australia names recipients of $2.5 million in Enterprise funding". Inside Film. 29 November 2016. Retrieved 7 January 2017.
  27. ^ "ABC Commercial signs agreement with Docplay for over 180 hours of content". ABC Commercial. Retrieved 20 March 2020.