Red Dragon Is Top Bidder at $22K for Peach Masters

VAN NUYS, Calif. — Red Dragon Holdings was the top bidder for Peach Entertainment Network’s 200 video masters at an auction held this morning.

Red Dragon, whose CEO is Dewi James, will receive all rights and licenses related to the masters.

The auction included two companies, with Red Dragon winning the bid at $22,000, according to Peach's trustee.

In December, a bankruptcy 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.

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.

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

Lyric Sky Returns to Brazzers

Lyric Sky stars with Lawson Jones in the latest release from Brazzers.

OurDream.ai Debuts New Porn Generator

OurDream.ai, an AI porn-generating platform, has launched an upgraded version of its AI engine.

Andie Anderson Makes Her MILFY Debut

Andie Anderson has made her debut for Vixen Media Group studio imprint MILFY, alongside Isiah Maxwell and Hollywood Cash.

AEBN Publishes Popular Searches by Country for February, March

AEBN has released the list of popular searches from its straight and gay theaters by country in February and March.

Peachy Alice Fronts Latest From Immoral Productions

Peachy Alice stars in a new trilogy from Immoral Productions, alongside Charlie Dean, Matt Bird, and studio honcho “Porno Dan” Leal.

Jessi Rae Signs Exclusive Contract With Vixen Media Group

Vixen Media Group (VMG) has signed Jessi Rae to an exclusive contract.

BranditScan Launches 'Referral Rush' Promo

BranditScan has launched its Referral Rush promotion for creators.

Pure Taboo Debuts Bree Mills Thriller 'The Party's Over'

Hazel Moore stars with Liz Jordan and Hailey Rose in the latest thriller from Pure Taboo, titled “The Party’s Over.”

Athena Heart Stars in Latest From TeamSkeet

Athena Heart stars with Jason Sarcinelli, Axel Haze, and Nick Strokes in the latest release from TeamSkeet.

Violet Myers, Valentina Nappi Star in Latest From Brazzers

2025 XMAs Premium Social Creator of the Year Violet Myers stars with Valentina Nappi and Ricky Johnson in the latest release from Brazzers, titled “V and V Share a Big D.”

Show More