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Carolco Pictures, Inc.
Company type
Private
Industry
Entertainment
Founded
March 30, 1976; 48 years ago (1976-03-30)[1]
Founders
Mario Kassar[1] Andrew G. Vajna[1]
Defunct
December 22, 1995; 28 years ago (1995-12-22)
Fate
Bankruptcy, assets and name now owned by StudioCanal
Successors
Company: C2 Pictures
Library:
StudioCanal (with some exceptions)
Lionsgate (U.S. theatrical and home video distribution rights only)
Rialto Pictures (U.S. theatrical distribution rights to select titles only)
Sony Pictures (through TriStar Pictures) (U.S. theatrical and home video distribution rights to Cliffhanger only)
Paramount Pictures (through Melange Pictures) (television, online streaming and digital distribution rights only)
Headquarters
Los Angeles, California[1],
United States
Key people
Mario Kassar (Chairman & CEO)
Products
Motion pictures
Divisions
Carolco Television Productions
Subsidiaries
Orbis Communications The IndieProd Company
Website
www.carolcofilms.com
Carolco Pictures, Inc. was an American independent film studio that existed from 1976 to 1995, founded by Mario Kassar and Andrew G. Vajna.[1] Kassar and Vajna ran Carolco together until 1989, when Vajna left to form Cinergi Pictures. Carolco hit its peak in the 1980s and early 1990s, with blockbuster successes including the first three films of the Rambo franchise, Total Recall, Terminator 2: Judgment Day, Basic Instinct, Universal Soldier, Cliffhanger and Stargate. Nevertheless, the company was losing money overall and required a corporate restructuring in 1992. The 1995 film Cutthroat Island, intended to be a comeback for the studio, instead lost $147 million and brought the company to an end.[2]
^ abcde"Carolco Pictures [Das Lexikon der Filmbegriffe]". filmlexikon.uni-kiel.de (in German). Archived from the original on August 12, 2021. Retrieved August 12, 2021.
^Lambie, Ryan (March 11, 2014). "The rise and fall of Carolco". Den of Geek. Retrieved March 11, 2014.
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