200 Peach Masters to Be Sold at Auction on March 15

VAN NUYS, Calif. — Peach Entertainment Network’s inventory of video masters are to be sold at auction on March 15, a bankruptcy trustee said Friday.

The masters, totaling 200, will be put up for bid in a telephonic conference that is expected to net more than $16,000, which is several thousands of dollars higher than a previous bid placed by Red Dragon Holdings, whose CEO is Dewi James.

Peach Entertainment's trustee said that there were numerous inquiries over the masters and that it would be in the best interest to find additional bidders, including a back-up bidder — all of whom must submit an initial bid of no less than $16,000 for Peach's softcore masters.

Incremental bids, according to the trustee, must be $500 higher than the previous bid.

In December, a judge approved the sale of Peach Entertainment Network’s DVD inventory. About 200,000 Peach DVDs were sold to Red Tooth Services for $20,239. Red Tooth is owned by Robbie Conley, a former Peach employee.

Peach’s remaining assets now include its brand and office furniture.

Van Nuys, Calif.-based Peach, which filed for Chapter 7 in late September, operated Peach DVD, PeachDVD.com, Red Static, Late Night and Red Dragon Releasing. Its CEO is David James.

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

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 DVD inventory.

Its largest creditor is David 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.

The company was co-founded by Jim Monroe and James, who helped Steven Hirsch launch Vivid in 1984. Today, James continues as a Vivid co-CEO.

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

Amirah Adara and Zazie Skymm Star in Latest From MixedX

Amirah Adara and Zazie Skymm star in the latest release from MixedX, titled “The Moon Keeps Our Secret.”

MySweetApple Star in 2 New Scenes From Lustery

Creator couple Kim and Paolo (aka MySweetApple) star in two new Le James-helmed scenes from Lustery's "The Naked Neighbors" series.

Hollywood Cash Talks Style, Strategy, and XMA Gold

Hollywood Cash lounges in a hotel suite, relaxing after a long day on set. Draped in a thick designer bathrobe — ivory white with sleek black-and-gold trim — and matching slippers, he looks like he stepped out of a high-end lifestyle shoot.

Jamie Young Relaunches Site Through YourPaysitePartner

Creator Jamie Young has relaunched her official website through YourPaysitePartner (YPP).

American Arrested in Indonesia for Producing, Distributing Porn

An American man is being held for allegedly producing and distributing pornographic content in Indonesia via social media, according to Indonesian national news agency Antara and other sources.

Serenity Cox Makes Her Deeper Debut

XMAs winner Serenity Cox has made her debut for Vixen Media Group (VMG) studio imprint Deeper, alongside Dante Colle and Sheem in "My Wife Wants To Meet You."

Bibi Bugatti Makes Her Brazzers Debut

Bibi Bugatti has made her Brazzers debut alongside Xander Corvus in “Artificial Intimacy.”

Sarah Arabic, Karla Lane & Michael Vegas Star in Latest Episode of 'Shape of Beauty' From Adult Time

Sarah Arabic, Karla Lane, and XMAs winner Michael Vegas star in the latest installment of Adult Time series “Shape of Beauty,” titled “More to Love.”

Eva Angelina Makes Her MILFY Debut

Eva Angelina has made her debut for Vixen Media Group studio imprint MILFY in a gangbang scene titled “Yes Chief.”

Chloe Amour Toplines Latest 'Hardcore Anal Superstars' From Hard X

Chloe Amour headlines the fourth volume of "Hardcore Anal Superstars" from XEmpire studio brand Hard X.

Show More