Falcon Purchased by 3Media Corp.

SAN FRANCISCO – The Falcon Family of Companies finalized a management buyout this week through its parent company Conwest Resources Inc.

Founded in 1972 by Chuck Holmes, San Francisco-based Falcon is comprised of a family of gay content and video production studios, such as Falcon Studios, Jocks Studios, Mustang Studio and Falcon International brands. The studios and Conwest were most recently part of the Charles M. Holmes Foundation, a charitable foundation for the gay and lesbian community.

The buyout was organized through 3Media Corp., a company that was formed by Falcon executives Terry Mahaffey and Todd Montgomery, both of whom have been with Conwest since 2003 and have been instrumental in ramping up retail, streaming and distribution channels for Falcon.

Under the terms of the deal, 3Media will serve as the corporate parent and holding company of the Falcon Family of Companies, although over time, 3Media will resume the Conwest name.

Conwest board member Steve Johnson will also serve as chairman of the board for 3Media.

According to David McKay, director of marketing for Falcon, the purpose of the buyout was to create a separation between the content side of the company and the Charles M. Holmes Foundation, which functions as a nonprofit organization based in Portland, Ore.

"To keep things simple, Terry, Todd and Steve created 3Media Corp. through which they could acquire Conwest," Mckay told XBiz.

The buyout will instead help both entities focus on their individual charters, Mckay added.

"The buyout really lets the Holmes Foundation go their way and it lets us go our way in terms of running a for-profit company," he added.

According to a company statement, along with the buyout, Mahaffey will continue to focus on film production and talent development as the president and CEO of the Falcon Family of Companies, and Montgomery will maintain overall business and operational oversight as president and CEO of 3Media.

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

Yhivi Makes Her Tushy Raw Debut

Yhivi has made her debut for Vixen Media Group (VMG) studio imprint Tushy Raw, alongside Dan Damage.

Cubbi Thompson Stars in Latest From Brazzers

Cubbi Thompson stars with Small Hands in the latest release from Brazzers, titled "She’s Good with Her Mouth."

Elegant Angel Premieres Lilly Bell Showcase 'Lilly Loves Girls'

Reigning XMAs Girl/Girl Performer of the Year Lilly Bell gets the spotlight in a new four-part showcase release from Elegant Angel.

Chloe Amour: Recharged, Refocused, and Ready for Real Love

These days, getting ahold of Chloe Amour on the weekend can be tough. She might ditch her phone, as was the case on a recent weekend while celebrating her birthday with family at Disneyland, riding the rides and taking in some sun.

Isabella De Laa, Cherry Candle Star in Latest From MixedX

Isabella De Laa and Cherry Candle star in the latest release from MixedX, titled “Between Us.”

Tony Sting, Adira Allure & Dominic Pacifico Headline Latest From BiPhoria

Tony Sting, Adira Allure, and Dominic Pacifico star in the latest release from BiPhoria.

Proxy Paige, Wolf King Release 'I Kissed a Trans and I Liked It'

Evil Angel has released its latest title, “I Kissed a Trans and I Liked It,” co-directed by Proxy Paige and Wolf King.

Elly Clutch Stars in Latest From Brazzers

2024 XMAs Female Clip Creator of the Year Elly Clutch stars with Ricky Johnson in the latest release from Brazzers, titled "Elly’s Evil Twin."

Liz Jordan Crowned Newest Vixen Angel

Vixen Media Group (VMG) has crowned Liz Jordan as its newest Vixen Angel.

Brittney Kade Headlines Latest From TransSensual

Brittney Kade stars in "Sweat Slut Licks Pretty Pits for Bear Fuck," from TransSensual.

Show More