Franchise Pictures: Difference between revisions

'''Franchise Pictures''' was an independent film company founded in 1997 known for rescuing pet projects and their production of action films. Much of their output was negatively-reviewed and/or bombed at the box office. The company's first few films were distributed by [[Morgan Creek Entertainment|Morgan Creek Productions]] in North America, but since Morgan Creek lacked an in-house distributor, the films were distributed via Morgan Creek's domestic distributor, [[Warner Bros. Pictures|Warner Bros.]] which also handled distribution themselves in other international territories during the studio's later years. Internationally, sales for Franchise's titles were handled by Intertainment. The company hit a major bump with the release of the wildly infamous ''Battlefield Earth'', which was slammed by critics, went drastically over-budget due to the company's embezzlements and marketing, and grossed only $29.7 million at the box office out of an overall $73 million budget. Already hit with major losses from the movie, Franchise was later sued into bankruptcy with accusations of purposely inflating the film's budget. The company, as well as its subsidiary [[Phoenician Entertainment]], closed in 2004, although many unproduced films they funded were released years afterwards. The film library of Franchise Pictures, is now owned of half by Orange Holdings LLC., along with [[TH!NKFilm]], and another half is owned by [[Revolution Studios]] (via [[Morgan Creek Entertainment]]).