Corporate History
Prior to 2004 the Falcon Family of Companies was owned by parent company Conwest Resources Inc.. Conwest was, in turn, owned by the Charles M. Holmes Foundation, a charitable foundation based in Portland, Oregon. The foundation supports a wide range of organizations, including groups protecting lesbian, gay, bisexual, and transgender rights, organizations which provide support to people living with HIV/AIDS, and others that help homeless youth or fight pediatric cancer and autism.
In 2004, the company's management bought Falcon from Conwest through 3Media Corp., a company that was formed by Falcon executives Terry Mahaffey and Todd Montgomery. 3Media will eventually assume the Conwest name. The buyout was arranged in order to separate the business from the Charles M. Holmes Foundation, which continues to function as a nonprofit organization.
Terry Mahaffey died on October 31, 2005. Todd Montgomery left the company on May 22, 2008. Steve Johnson became the president and chief executive officer of Falcon and Conwest.
On December 19, 2010, video-on-demand company AEBN purchased Falcon Studios for an undisclosed amount of money. AEBN merged Falcon Studios and Raging Stallion, although the company said that both brands would remain distinct and AEBN's output would remain constant at sixty DVD titles a year (forty from Raging Stallion). Falcon Chief Executive Officer James Hansen would remain with the company as the chief financial officer of Falcon Studios.
Read more about this topic: Falcon Entertainment
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