Orion Pictures: Difference between revisions
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imported>Michael Kenchington (→2nd Logo (July 4, 1979-March 19, 1997, October 4, 2013-): https://www.youtube.com/watch?v=eO3PekPKXq4) |
imported>A. Smithee |
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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|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 MGM, 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|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 MGM, 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 | In 2013, MGM revived the Orion Pictures brand for use on genre films, and became a standalone division with the same purpose in late 2017. In 2020, the division was revamped again, this time with a new focus on BIPOC and other underserved audiences. | ||
Currently, most of Orion's post-1982 films are owned by MGM (with Orion retaining the copyright). Warner Bros. continues to own all pre-1982 films, select films that they released afterwards (however, MGM/Orion still owns ''A Midsummer's Night Sex Comedy'' and ''Zelig'', two Orion films they released after the initial deal) and films produced by The Saul Zaentz Company. [[StudioCanal]] owns ''First Blood'' through producer [[Carolco Pictures]], [[HBO Films]] owns North American distribution rights to ''Three Amigos'' (MGM retains TV and foreign rights, however), [[Paramount Pictures]] owns North American distribution rights to ''The Addams Family'' and [[Lionsgate Films]] owns films produced by [[Artisan Entertainment|LIVE Entertainment]]. Films produced by [[Nelson Entertainment]] and [[Hemdale Film Corporation]] were originally distributed by Orion and became owned by MGM (with Orion holding the copyright) after MGM purchased the pre-March 31, 1996 [[PolyGram Filmed Entertainment|PolyGram Filmed Entertainment]] library. | Currently, most of Orion's post-1982 films are owned by MGM (with Orion retaining the copyright). Warner Bros. continues to own all pre-1982 films, select films that they released afterwards (however, MGM/Orion still owns ''A Midsummer's Night Sex Comedy'' and ''Zelig'', two Orion films they released after the initial deal) and films produced by The Saul Zaentz Company. [[StudioCanal]] owns ''First Blood'' through producer [[Carolco Pictures]], [[HBO Films]] owns North American distribution rights to ''Three Amigos'' (MGM retains TV and foreign rights, however), [[Paramount Pictures]] owns North American distribution rights to ''The Addams Family'' and [[Lionsgate Films]] owns films produced by [[Artisan Entertainment|LIVE Entertainment]]. Films produced by [[Nelson Entertainment]] and [[Hemdale Film Corporation]] were originally distributed by Orion and became owned by MGM (with Orion holding the copyright) after MGM purchased the pre-March 31, 1996 [[PolyGram Filmed Entertainment|PolyGram Filmed Entertainment]] library. | ||