Peach Entertainment Network Files Chapter 7

VAN NUYS, Calif. — Peach Entertainment Network, operator of PeachDVD, has filed for Chapter 7 bankruptcy protection, XBIZ has learned.

The Van Nuys, Calif.-based company over the past seven years has offered hundreds of best-selling soft erotic videos and instantly became a blue-chip brand when it launched.

Offering the “world’s most beautiful women filmed the way men wish to see them seductive, sultry and sensuous,” the company was co-founded by Jim Monroe and its current CEO, David James, who helped Steven Hirsch launch Vivid in 1984.

Today, James continues as a Vivid co-CEO.

Peach, according to the Chapter 7 filing, was seeing dwindling DVD sales. DVD sales have amounted to only $290,000 this year, after banner years in 2007 and 2008, when Peach saw revenue gravitate to $2.4 million and $1.8 million, respectively.

Peach Entertainment Network comprises a variety of divisions, including Peach DVD, PeachDVD.com, Red Static, Late Night and Red Dragon Releasing. The company formerly was known as David Distribution Inc.

In the Chapter 7 filing, Peach said that it was $1.8 million in debt and had $466,000 worth of assets, including video masters worth $114,000 and $203,000 of inventory.

Its largest creditor is James, who stated he lent the company more than $1.7 million in recent years.

Other creditors include Ingram Entertainment, L&M Optical Disc West, Orbitland Interactive and CAV Distribution Corp., among others

In the filing, the company disclosed revenue-sharing video-on-demand deals with Trans Digital Media, Aggregator, Diamond Video of Spain and Virtual Video Systems.

It also has a deal in place with mobile distributor WAAT Media, marketing mobile services, including wallpapers, ringtones and video downloads.

When it launched in 2002, the company rolled out numerous videos with "Peach" somehow applied to the titles, including “Search for the Ripe Peach,” “Pretty Peaches,” “Search for the Right Peach” and “Teenage Peach Fuzz.”

The company at one time marketed its Peach Girls — including former adult stars Roxanne Dawn, Alexa Rae and Angel Cassidy, as well as the late Felicia Tang — and oftentimes searched out new models at clubs with $1,000 first prizes.

In 2003, the company embarked on a 10-city Peach tour looking for a Peach Girl, with stops in Boston, Chicago, Miami, New York, Austin, Milwaukee, Phoenix and Hawaii.

Calls to James and company sales executive Tal McAbian for comment weren’t returned to XBIZ by post time.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Elly Clutch Is Hustler's 'Cover Honey' for July

2024 XMA Creator Awards Female Clip Artist of the Year Elly Clutch is the Cover Honey for the July issue of Hustler Magazine and appears in a 14-page centerfold spread shot by ThisYearsModel.com.

Paysite 'RealGirlsFuck' Relaunches as 'Taboolu.com'

Producer/performer Josh Lewis has relaunched his paysite, RealGirlsFuck, as Taboolu.com.

Sabien DeMonia Drops Latest Evil Angel Directorial 'Corruption of Innocence'

Director Sabien DeMonia has dropped her latest directorial effort for Evil Angel, “Corruption of Innocence.”

Brittany Andrews Performs 1st Blowbang for Brazzers

Brittany Andrews performs her first blowbang in the second installment of the Brazzers series “MILF Quest.”

Queen Mirage Makes Her WIFEY Debut

Creator Queen Mirage stars with her husband James Atwoods and Sheem in the latest release from Vixen Media Group studio imprint WIFEY.

Futanari XXX Drops 1st Installment of Sofia Lee Feature 'Hauntings'

Futanari XXX has released the first installment of director Sofia Lee's horror feature, "Hauntings."

Zariah Aura Stars in Latest From Transfixed

Zariah Aura stars with Sophia Locke in the latest release from Transfixed, titled "Undercover Stepdaughter."

Wicked Premieres 1st Installment of Seth Gamble's Erotic Thriller 'Once Upon a Time in the Valley'

Wicked Pictures has released the debut installment of multi-XMAs award winner Seth Gamble's latest feature, "Once Upon a Time in the Valley."

JuicyAds Launches Summer Advertiser/Publisher Promo

JuicyAds has launched a summer promotion for advertisers and publishers.

Brittney Kade Fronts New Feature From Erotique Entertainment

Brittney Kade stars in the latest feature from Erotique Entertainment, titled “Triangle.”

Show More