-208-
film titles. Troma distributed 6 of the film titles but with
very little success. For example, Troma began distributing
“Battle of the Last Panzer” on May 25, 1999, and had $2,034.71 in
total VHS sales through 2000 and $182.97 during 2001. Troma
began distributing “Escape from Hell” on May 25, 1999, and had
$6,496.64 in total VHS sales through 2000 and $3,867.24 during
2001. It had $10,726.90 in total DVD sales during 2000 and
$2,529.23 during 2001.153 Troma began distributing “Plutonium
Baby” on October 24, 2000, and had $767.98 in VHS sales through
2000 and $66.48 during 2001. Realization of these amounts would
hardly justify the distribution expenses that Troma likely
incurred.154
4. Carolco Securities
The parties dispute whether the Carolco securities had any
value as of December 11, 1996. Petitioner contends that as of
December 11, 1996, the Carolco securities had some indeterminable
value, perhaps as high as $10 million. Respondent contends that
153 From these figures, it appears that the EBD film titles
had higher sales figures when they were distributed in DVD
format. Although DVD format was foreseeable in 1996, its
potential was still virtually unknown. For that reason, none of
the experts in these cases relied upon DVD sales in valuing the
EBD film library.
154 On Nov. 4, 1996, Troma sent an invoice to Crown Capital
requesting $103,025 for the release of video and DVD for “Banana
Monster”, “Fist of Fear, Touch of Death”, “Astro Zombies”,
“Battle of Last Panzer”, and “Escape from Hell”.
Page: Previous 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 NextLast modified: May 25, 2011