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J2 Communications

From Wikipedia, the free encyclopedia
Defunct American production company
J2 Communications
Company typeMedia
FoundedMarch 1986; 39 years ago (1986-03)[1]
FounderJames P. Jimirro
Defunct2002
FateAcquired byDan Laikin andPaul Skjodt
SuccessorNational Lampoon, Inc.
Headquarters
Los Angeles, California[1]
,
US
DivisionsNational Lampoon magazine (1990–1998)

J2 Communications was a mediaproduction and distribution company that operated from 1986 to 2002. The company is best known for its unsteady stewardship ofNational Lampoon magazine and all its related properties through the 1990s.

History

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Media production/distribution

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The company was founded in 1986 by James P. Jimirro,[1] who had previously been the founding president of theDisney Channel and then aCBS executive. At one point in the late 1980s, J2 Communications distributedITC Entertainment titles onVHS; it also distributedDorf, a comedy series starringTim Conway.[2]

According to a 1999 filing with theU.S. Securities and Exchange Commission,

The Company was originally formed primarily to engage in the acquisition, development and production of entertainment feature film and special-interest videocassette programs, and the marketing of these programs in the home video rental and sell-through markets. Due to increasing competition in the videocassette market, resulting in declining profitability, the Company de-emphasized this segment of its business....[1]

National Lampoon

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In 1990,[3] J2 Communications boughtNational Lampoon magazine and all its related properties (including the science fiction and fantasy comics magazineHeavy Metal) from then-owners Daniel Grodnik andTim Matheson,[4] who had acquired the properties in a hostile takeover in 1989.[5][6][7] As part of the deal, Grodnik and Matheson agreed to stay on to run the new division.[8][3][9]

In May 1992,Kevin Eastman, co-creator of theTeenage Mutant Ninja Turtles, boughtHeavy Metal magazine from J2 Communications, becoming its new publisher.[10]

National Lampoon brand licensing

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J2 Communications almost immediately licensed out the "National Lampoon" brand to other companies who wished to make films and similar projects.[11][1] For instance, J2 Communications was paid for the use of the brand on such films asNational Lampoon's Loaded Weapon 1 (1993),National Lampoon's Senior Trip (1995),National Lampoon's Golf Punks (1998),National Lampoon's Van Wilder (2002),National Lampoon's Repli-Kate (2002),National Lampoon's Blackball (2003), andNational Lampoon Presents: Jake's Booty Call (2003).[a] Although this enterprise salvaged the company from bankruptcy,[12] some believe it damaged the reputation of National Lampoon as a source of respected comedy.[2]

National Lampoon magazine

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J2 Communications was contractually obliged to publish at least one new issue ofNational Lampoon magazine per year in order to retain the rights to the "National Lampoon" name. The company showed very little interest in the magazine itself; throughout the 1990s, the number of issues per year varied unpredictably. In 1991 there was an attempt at monthly publication; nine issues were produced. Only two issues were released in 1992.[13] This was followed by one issue in 1993,[14] five in 1994, and three in 1995. After that the magazine was published only once a year for three years; the final issue of the magazine being published in November 1998.[2]

Following the magazine's demise, the contract was renegotiated, and J2 Communications was then prohibited from publishing future issues.[15] J2, however, still owned the rights to the brand name "National Lampoon", which it continued to franchise out to other users.[2]

Acquisition

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In 2002, J2 Communications was sold toDan Laikin andPaul Skjodt,[16] and renamed "National Lampoon, Inc." James P. Jimirro stayed on as National Lampoon, Inc. CEO[16] until January 2005.

Notes

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  1. ^The company was not involved inVegas Vacation (1997), the fourth installment in National Lampoon'sVacation film series.Vegas Vacation was the first theatricalVacation film not to carry theNational Lampoon label or a screenwriting credit fromJohn Hughes. Also, it is the only National Lampoon film to be released in the 1990s, and the final film released beforeNational Lampoon magazine folded.

References

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  1. ^abcde"J2 COMMUNICATIONS /CA/ - 10-K Annual Report - 07/31/1999".getfilings.com. Retrieved2018-03-22.
  2. ^abcdTapper, Jake (July 3, 2005)."National Lampoon Grows Up By Dumbing Down".The New York Times.
  3. ^abMcNary, Dave (26 October 1990)."New owner takes over National Lampoon".United Press International.Archived from the original on 1 February 2022.
  4. ^Britell, Penny (1994-01-12)."J2's branching out".Variety. Retrieved2018-03-22.
  5. ^Farhi, Paul (30 December 1988)."A Funny Twist for National Lampoon Inc".Archived from the original on 1 February 2022.
  6. ^Staff writer (17 March 1989)."An Actor Acquires Control of National Lampoon Inc".The New York Times. sec.D, p.5.
  7. ^Delugach, Al (17 March 1989)."Film Producers Matheson and Grodnik Buy Control of National Lampoon Inc".Los Angeles Times.Archived from the original on 1 February 2022.
  8. ^Staff writer (10 March 1990)."National Lampoon Acquisition Set".New York Times. sec.1, p.33.
  9. ^Britell, Penny (12 January 1994)."J2's branching out".Variety.Archived from the original on 23 March 2018.
  10. ^"Eastman Buying Heavy Metal". Newswatch.The Comics Journal. No. 148. Feb 1992. p. 23.
  11. ^"J2 Sells Lampoon Film Rights". Newswatch.The Comics Journal. No. 146. Nov 1991. p. 34.
  12. ^"National Lampoon's parent moves into black".UPI. Retrieved2018-03-22.
  13. ^"National Lampoon on Hiatus". Newswatch.The Comics Journal. No. 150. May 1992. p. 26.
  14. ^"National Lampoon Returns Again". Newswatch.The Comics Journal. No. 158. Apr 1993. p. 25.
  15. ^Wallace, Benjamin (2017-05-01)."Can Anyone Repair National Lampoon's Devastated Brand?".Vanity Fair. Retrieved2022-07-11.
  16. ^ab"Chief of J2 Communications to Resign, Sell His Shares".Los Angeles Times.Bloomberg News. March 7, 2001. Archived fromthe original on Dec 8, 2015.

External links

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National Lampoon
National Lampoon magazine (1970–1998)
J2 Communications (1990–2002)
National Lampoon, Inc. (2002–present)
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