A fair few titles that Media Blasters had in the US are getting released here in the UK by 88 Films. A lot of the stuff that MB released was deep catalogue and probably not the sort of titles that would produce a healthy return and needless to say, one of the reasons why they're no longer around. The same could be said for BCI.
Synapse isn't a new company, by the way - they've been issuing films on DVD since 1997/1998, making them one of the oldest speciality indies in the US