The company started business providing restoration and colorization of classic black-and-white films for DVD, HDTV and theatrical release.

Other movies in the Legend Films library are titles color produced in revenue sharing partnerships with the original copyright holder.

In 2006, comedian and former Mystery Science Theater 3000 host Michael J. Nelson was appointed Chief Content Producer and established the RiffTrax business.

Legend Films has collaborated with Shirley Temple, Jane Russell, Terry Moore and Ray Harryhausen on independent releases.

[4] With the cooperation of director Richard Elfman, Legend released a colorized version of the 1982 film Forbidden Zone on July 29, 2008.