Orion Pictures: Difference between revisions
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On May 22, 1986, Metromedia purchased a minor stake in the studio and later purchased 67% of the studio on May 20, 1988. In the late 1980s, Orion began to struggle financially and would declare bankruptcy on December 11, 1991. In 1996, Orion Pictures under Metromedia acquired [[Samuel Goldwyn Entertainment]]. On April 11, 1997, Metro-Goldwyn-Mayer, Inc. acquired Metromedia's film studios (Orion, Goldwyn and the [[Motion Picture Corporation of America]]) and the deal was closed in July. A year later, Orion was folded into [[Metro-Goldwyn-Mayer]] and the Motion Picture Corporation of America separated from MGM to become independent. Orion survived as an in-name-only unit of MGM during that time frame. | On May 22, 1986, Metromedia purchased a minor stake in the studio and later purchased 67% of the studio on May 20, 1988. In the late 1980s, Orion began to struggle financially and would declare bankruptcy on December 11, 1991. In 1996, Orion Pictures under Metromedia acquired [[Samuel Goldwyn Entertainment]]. On April 11, 1997, Metro-Goldwyn-Mayer, Inc. acquired Metromedia's film studios (Orion, Goldwyn and the [[Motion Picture Corporation of America]]) and the deal was closed in July. A year later, Orion was folded into [[Metro-Goldwyn-Mayer]] and the Motion Picture Corporation of America separated from MGM to become independent. Orion survived as an in-name-only unit of MGM during that time frame. | ||
In 2013, MGM relaunched the Orion Pictures brand for use on genre films, which will run theatrical and multi platform campaigns, and became a standalone division with the same purpose in late 2017. In 2020, the division was relaunched again, this time with a new focus on BIPOC and other underserved audiences. | In 2013, MGM relaunched the Orion Pictures brand for use on genre films, which will run theatrical and multi platform campaigns, and became a standalone division with the same purpose in late 2017. In 2020, the division was relaunched again, this time with a new focus on BIPOC and other underserved audiences. | ||