The customer of Moviefone — who snapped up the location for the fire-sale worth of $1 million in a chapter public sale — has now come ahead: It’s Cleveland O’Neal III, creator and producer of syndicated daytime leisure present “Made in Hollywood.”
O’Neal’s holding firm Born in Cleveland LLC was the profitable bidder final week within the chapter public sale of Moviefone’s mother or father firm Helios and Matheson Analytics, additionally the bulk proprietor of MoviePass. A New York chapter decide authorized the sale of $1.075 million to Born in Cleveland. O’Neal, who’s founder, president and CEO of manufacturing and distribution firm Connection III Leisure, initially had most well-liked to stay nameless however is now asserting the acquisition of the movie-listing and leisure website.
“The mixing of ‘Made In Hollywood’s’ TV property with Moviefone’s iconic digital/cellular/social property is an ideal marriage of leisure manufacturers offering a 360 resolution for our promoting, studio, broadcast and streaming companions throughout a number of platforms,” O’Neal mentioned in an announcement offered to Selection.
In accordance with a rep for O’Neal, he plans to retain Moviefone’s present workers and consider future hires.
Based in 1989, Moviefone was acquired by AOL in 1999 for $388 million in inventory. Helios and Matheson acquired Moviefone from Verizon’s Oath in 2018. Helios and Matheson filed for Chapter 7 liquidation final 12 months, after sustaining large losses from the MoviePass service.
“Made In Hollywood” is presently in its 15th season, syndicated throughout the U.S. throughout on station teams together with CBS and Fox owned-and-operated stations. The present options interviews with stars and administrators, giving viewers a take a look at new and upcoming field workplace, streaming and Blu-ray film releases. O’Neal’s firm additionally produces a free, ad-supported digital streaming community for Made In Hollywood, which just lately launched on Sinclair Broadcast Group’s Stirr streaming service and an app on Roku.
O’Neal’s Connection III Leisure additionally produces and distributes “Made in Hollywood: Teen Version,” “Made in Hollywood Now,” showcasing what’s accessible on any display from streaming to Blu-ray; “Stay Life and Win,” that includes inspirational teen success tales.
O’Neal is a member of the Producers Guild of America and the Tv Academy. Connection III has earned a number of Emmy nominations, gained an NAACP Picture Award and acquired the Arts & Leisure Firm of the Yr award from the Metropolis of Los Angeles and the SBA.