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The Criterion Collection - Wikipedia

The Criterion Collection, Inc. (or simply Criterion) is an American home video distribution company which focuses on licensing "important classic and contemporary films" and selling them to film aficionados.[3] Criterion is noted for helping to standardize a number of new ideas, such as the letterbox format for widescreen films, adding bonus features, commentary tracks, doing film restoration, and releasing special editions for home video.

The Criterion Collection company was founded in 1984 by Robert Stein, Aleen Stein, and Joe Medjuck, who later were joined by Roger Smith. In 1985, the Steins, William Becker, and Jonathan B. Turell founded the Voyager Company,[4] to publish educational multimedia CD-ROMs (1989–2000),[4][5] during which time the Criterion Collection became a subordinate division of the Voyager Company. In March 1994, Verlagsgruppe Georg von Holtzbrinck GmbH bought 20% of Voyager for US$6.7 million; the 4 founders each retained a 20% owner's share.[4]

In 1997, the Voyager Company was dissolved (Aleen Stein founded the Organa LLC CD-ROM publishing company), and Holtzbrinck Publishers sold the “Voyager” brand name, 42 CD-ROM titles, the Voyager web site, and associated assets, to Learn Technologies Interactive, LLC (LTI).[6] Robert Stein sold 42 Voyager titles to LTI from his Voyager–Criterion company share. The remaining 3 partners, Aleen Stein, William Becker (President) and Jonathan Turell (CEO) owned the Criterion Collection company,[6] which has a business partnership with Janus Films, and had one with Home Vision Entertainment (HVE) until 2005, when Image Entertainment bought HVE.[7] On November 4, 2013, it was announced that Sony Pictures Home Entertainment would handle distribution.[8]

In 1986, Charles Benton founded Home Vision Entertainment (HVE), the home-video division of Public Media Inc. (PMI), which he had previously founded in 1968. The HVE company sold, advertised, marketed, and distributed Criterion Collection DVDs, and also sold its own HVE brand of DVDs (co-produced with Criterion), including The Merchant Ivory Collection,[9] and the Classic Collection, a joint venture between Home Vision Entertainment and Janus Films. The latter enterprise published HVE imprint films, for which Janus Films owned the video rights, but which were unavailable from the Criterion Collection; however, Criterion published the Classic Collection films. In 2005, Image Entertainment bought HVE, thus it became the exclusive distributor of Criterion Collection products until 2013.[10]

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https://en.wikipedia.org/wiki/The_Criterion_Collection