MVD Entertainment Group and Gotham Distribution Corporation, the owner of Oldies.com, announced on March 23rd the formation of Old School Ventures, Inc, a new entity formed between the companies to run, service, and administrate Oldies.com. Oldies.com sells records, CDs, DVDs, books, and more through printed catalogs and the website. The business operated out of a West Conshohocken warehouse that was recently sold.
Old School Ventures will operate out of MVD’s headquarters in Pottstown and will be led by industry veteran Joe Buesgen, who has been Vice President of Marketing at Oldies.com since 2000.
“With the combined expertise and resources of MVD and Gotham, we are well-positioned to take Oldies.com to the next level and continue to innovate in the industry,” said Buesgen. “This partnership represents a great opportunity to leverage our strengths and provide our customers with the best possible experience.”
Gotham Distributing Corporation was founded in 1980 by Nina Greene, Jerry Greene, and Melissa Greene-Anderson. In addition to Oldies.com, Gotham also operated Collectables Records, a large reissue record label established in 1980, and Alpha Video, an entertainment company that specializes in the manufacturing and marketing of classic movies and TV shows on DVD.
“After the sale of our iconic warehouse along the Blue Route, we realized that it was time to explore other options and partnerships that could help us continue to grow and serve our customers,” said Jerry Greene. “The formation of Old School Ventures with MVD Entertainment Group is a perfect example of how we are leveraging our strengths and resources to take Oldies.com to new heights. We are excited about this new chapter in our company’s history and look forward to working closely with our partners to build a bright future for the music and movie consumer-direct business.”
MVD is a full-service music and movie distribution firm, exclusively representing a vast catalog of audio and visual products for DVD, Blu-ray, CD, vinyl, and digital rights, worldwide. MVD Entertainment Group was founded in 1986. Ed Seaman and Eve Edwards are co-CEOs of MVD.
“MVD has been working with Gotham & Collectables closely for the last 20-plus years and we know them very well; this opportunity to be in business with the Greene family is an honor. We are very optimistic about the future of collectible physical media, and together we are going to make a great team,” said Seaman.
Operations transfer to the new entity Old School Ventures on March 29, 2023.