Python (Monty) Pictures Limited is composed of the four surviving members of the main
Monty Python team, who now serve as the
directors. Python (Monty) Pictures was
incorporated in 1973 and now manages ongoing activities resulting from their previous work together. In the accounts return, the company describes its activities as the 'exploitation of television and
cinematographic productions'. In the last
financial year
A fiscal year (also known as a financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. La ...
for which accounts are available (to March 2004), the company's turnover was £4.9 million.
When ''Monty Python's Flying Circus'' was shown in the U.S. by
ABC in their ''
Wide World of Entertainment'' slot in 1975, the episodes were re-edited to allow time for commercials, thus losing the continuity and flow intended in the originals. When ABC refused to stop screening the series in this form, the Pythons took them to court. Initially the court ruled that their artistic rights had indeed been violated, but refused to stop the ABC broadcasts as this would cause "financial damage" to ABC. However, on appeal the team gained control over all subsequent U.S. broadcasts of its programmes. The case also led to them gaining the foreign rights to all Python shows from the
BBC
The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at Broadcasting House in London, England. Originally established in 1922 as the British Broadcasting Company, it evolved into its current sta ...
, once their original contracts ended at the end of 1980 (a unique arrangement at the time).
BBC Comedy Guide
/ref>
As revealed in ''The Madness and Misadventures of Munchausen'' (included on the bonus DVD of the 20th Anniversary Edition of Python member Terry Gilliam
Terrence Vance Gilliam ( ; born 22 November 1940) is an American-British filmmaker, comedian, collage film, collage animator, and actor. He gained stardom as a member of the Monty Python comedy troupe alongside John Cleese, Eric Idle, Michael Pa ...
's 1988 film '' The Adventures of Baron Munchausen''), Python Pictures was to originally bring in part of the funding for ''Munchausen'' but eventually the deal didn't come to fruition.
References
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Monty Python
Entertainment companies of the United Kingdom
Entertainment companies established in 1973