(Westlake Village, CA)— Keystone Business Advisors announced that Monterey Media, an independent film distributor since the 1980’s, has been acquired by Tidal Wave, a division of Bayview Entertainment based in Pompton Plains, New Jersey. Monterey Media’s library contains over 240 independent films, television programs and audio recordings in a variety of genres which are distributed mainly on Amazon Prime, Netflix and similar streaming video platforms. Monterey Media engaged Mark Richard of Keystone Business Advisors to represent them in the transaction.
“The technology involved in home entertainment is changing so quickly, that many companies have not been able to keep up. It has been an honor to represent a company such as Monterey Media that has been around since the VHS days when their biggest customer was Blockbuster,” said Mark Richard of Keystone Business Advisors. “Keystone’s marketing process allowed us to find the perfect strategic buyer for them who will be able to uphold their legacy, and build on it to grow into the future.”
Monterey Media’s titles include the classic surfing film The Endless Summer as well as the entire Bruce Brown catalog of surf and motorcycle themed films.