The company was initially run by Heron president Stephen Diener, with many of the other executive positions filled by people who had previously worked for rival Family Home Entertainment.

[2][3] Deals made by Hi-Tops included a partnership with Worlds of Wonder to distribute Teddy Ruxpin tapes,[4] and a deal with MTS Entertainment (the newly-formed television syndication arm of Mattel) for videos featuring Captain Power and the Soldiers of the Future, as well as the two Barbie specials produced by DIC Entertainment during this period (Barbie and the Rockers and Barbie and the Sensations).

[8] Lightyear Entertainment moved its Stories to Remember series to BMG Video as a result of the sale.

[9] Hi-Tops Video was the original distributor of the first VHS releases of the majority of the Peanuts television specials.

Some other Peanuts specials, such as A Charlie Brown Thanksgiving (1973), were not distributed by Hi-Tops Video, instead being distributed by Kartes Video Communications (a division of the E. W. Scripps Company), as well as some early VHS releases of The Charlie Brown and Snoopy Show.