Colex Enterprises was a joint venture between Columbia Pictures Television and LBS Communications, Inc., active from January 1984 to December 31, 1987. The venture's name is a portmanteau of the two companies' names, Columbia and Lexington (derived from LBS's initials/original name, Lexington Broadcast Services).[1]
History
In December 1982, Columbia Pictures Television agreed to license domestic distribution rights to the television series Family to LBS.[2][3] Family was subsequently added to Colex's roster when the venture was officially formed as an entity, and the first new series added to Colex's roster was Gidget. The venture was designed to handle syndication of various properties from CPT on an advertiser-supported barter basis and a cash basis.[4]