Wizard Video was a subsidiary of Empire International Pictures, a small film studio founded by Band after he left Media Home Entertainment.
[5] In 1987, Empire formed a new division, Urban Classics, which distributed films both theatrically, and subsequently on video.
[5][9] On February 7, 2013, Wizard claimed that a large quantity of printed but unused "big box" packages, representing 36 titles, had been found in a warehouse.
The company began selling these boxes, with newly manufactured videocassettes and inner packaging, as limited-edition collectors' items.
[12] The first set of films, Virginia Obscura, Vampie, and Villanelle, premiered on Full Moon's subscription-based streaming service.