ABC Family Worldwide is a subsidiary of the Disney Entertainment business segment of the Walt Disney Company that operates American basic cable channel Freeform (previously known as ABC Family) and manages the programming libraries of BVS Entertainment and defunct brands Fox Kids and Jetix.
In 1993, IFE acquired the assets of defunct British ITV broadcaster Television South, whose holdings included the library of U.S. studio MTM Enterprises.
[4][6] As a stipulation of the spin-off, The Family Channel was required to maintain daily airings of CBN's flagship television program The 700 Club, a condition that has remained in effect to this day.
[7] Plans were in the works for a home video distribution deal with Pacific Arts by the end of 1992, a South Korea cable network with Hyundai Electronics Industries Co. (now SK Hynix), and a joint venture to bid for a Czechoslovakian TV station.
In consideration by IFE for the cable channel's genres were game shows, westerns, country music and sports as well as Spanish-language simulcasting.
In June 1993, prior to its launch, IFE sold a 39% stake in The Family Channel UK to local company Flextech.
[17] In December 1993, IFE opened a bidding war to acquire the Nostalgia Network, competing with a partnership of Florida-based MOR Music TV Inc. and Arizona-based Gen-She Inc., and part-owner Concept Communications (owned by the Unification Church).
[18] In December 1993, IFE purchased three Myrtle Beach, South Carolina theaters and Calvin Gilmore Productions for $20 million.
However, the company went out of business afterward due to the decreasing popularity of its shows in favor of traditional figure skating competitions and exhibitions.
Instead, they sold Ice Capades in late 1995 while retaining the option of reacquiring a majority stake in Del Wilber & Associates for 10 years.
In October 1996, a Fox Kids channel was launched in the United Kingdom and Ireland, and in November, it started broadcasting in Latin America and Brazil.
[34] In an attempt at U.S. expansion in October 1999, Fox Family spun off two digital cable channels, BoyzChannel and GirlzChannel, which contained programming content targeted at the respective genders.
Both networks shut down after one year of operation due to a lack of leverage and demand by cable providers (each only had 100,000 subscribers), and a desire to invest more heavily in the parent channel.
[35] The Fox Family channel struggled under their ownership; Saban attempted to force News Corporation to sell it its share in the joint venture, but were unable to agree in a proper valuation.
[46] In January 2004, Fox Kids Europe, Fox Kids Latin America and the ABC Cable Group launched a new joint brand for their children's television operations, Jetix, which would be used to brand programming blocks which aired on ABC Family and Toon Disney, its television channels in Europe and Latin America, along with its program library and merchandising.
[56] In September 2012, Saban Brands also re-acquired the international rights to the Digimon franchise, partnering with MarVista Entertainment as distributor.