The Baby Genius line was one of a number of "smart toys" that came out in response to a study book about the Mozart effect.
GPL would hold the Wellspring film library, including the Fox Lorber, Winstar and American Vantage Media titles, and the bulk of GPI's assets.
The high-profile with Weinstein helped Genius Products to open the doors to major retailers like Wal-Mart and Target.
With major retailers available to Genius, other entertainment companies including ESPN and Robert Halmi Inc. had signed with them.
Expecting the indistinguishable dozen films to be made (possibly by a standing Romanian-based crew) under the multi-year deal would generate regular income of $1 to $2 million.
In 2011, GPL was pushed into involuntary bankruptcy over $8.5 million in debt by World Wrestling Entertainment and two other companies.