In 1980, CVE formed a joint venture with Metro-Goldwyn-Mayer (MGM), called MGM/CBS Home Video which licensed the film library of MGM for release on home videocassette, following the early leads of Paramount Home Video and 20th Century Fox's Magnetic Video division.

Also that year, CBS Video Enterprises handled distribution of its five titles by Samuel Goldwyn Home Entertainment in conjunction with MGM/CBS.

The new company reissued many of CBS' properties issued under the CBS/Fox label, in addition to films under the 20th Century Fox banner.

CBS continued to issue their product and programming under the Fox Video label until 1998, and utilized the CBS/Fox label for BBC Video in the United States until these rights expired on June 30, 2000 and wasn't renewed.

On June 28, 2000, BBC Worldwide Americas announced a new partnership with Warner Home Video that would begin effectively on July 1, 2000, excluding the release of Walking with Dinosaurs, which was instead transferred over from CBS/Fox to Warner on September 1, 2000.