Contrary to rumors that were in circulation earlier this week, Video Team has not been sold, nor has the company closed its doors – though employees that were involved in the production of VHS product and compilations have been let go as the adult company has decided to halt the release of those product categories.
The restructuring is designed to allow Video Team to focus on its strength as the leader in high-end ethnic and lesbian adult entertainment productions.
Since entering the comp market in 1996, Video Team had created what company president Chris Mann describes as high-end compilations – thoughtfully compiled, thematic comp series that required more attention than the average comp during the production process, such as their 24 Second Shot Clock, which counted down the seconds until the money shot at the end of each scene, as well as their highly successful Overtime & Afro-Centrix series.
For the last year Video Team has only released new comp titles in the DVD format, but has decided to leave that market altogether to concentrate on new releases and premium priced lines.
“At this time, much of the comp product is marketed on price, rather than quality, and when that happens the amount of effort and resources just isn’t merited by the return,” Mann said. “It’s a nickel business and we’re no longer interested in that market. We don’t want to devote the care and attention to develop high-end products for a low-end market, we’d rather redirect those energies into our ethnic and lesbian lines.”
Mann has yet to decide what to do with the Video Team catalog of some 700 comp titles. “For the time being, we haven’t made any decisions about what to do with our libraries. We’ve had offers from some, but we haven’t made any decisions about that one way or the other.”
Video Team has a full slate of releases for 2005, including the highly-anticipatedthird installment of Hotel O, the popular interracial feature franchise, shot in high-def, along with new volumes of My Baby Got Back and the multiply nominated No Man’s Land movies.
