PolyGram Filmed Entertainment: Difference between revisions

PolyGram Pictures was formed in 1979 by producers Jon Peters and Peter Guber. It was the launched as the film division of the PolyGram Records label. [[Universal Pictures]] would handle U.S. distribution for a majority of their films (with the exceptions of ''Wes Craven's Deadly Blessing'', ''Split Image'' and ''Flashdance'' which were distributed by [[United Artists]], [[Orion Pictures]] and [[Paramount Pictures]] respectively) while [[Producers Sales Organization]] would handle distribution outside the US. In 1982, Peters and Guber left PolyGram to form The Guber-Peters Company which would lead to the deactivation of PolyGram Pictures a year later in 1983. Two years later in 1985, MCA Home Video sold the video rights to the PolyGram Pictures library to [[Vestron Video]] as a way of cutting losses due to most of these films losing money at the box office. However, the home video rights to ''Deadly Blessing'' would go to [[Embassy Home Entertainment]] while the rights to ''Flashdance'' would remain with [[Paramount Home Media Distribution|Paramount]]. Universal would eventually regain the distribution rights to some of the PolyGram films they distributed, which included ''Endless Love'', ''An American Werewolf in London'' and ''Missing'', among others. [[Lionsgate Film|Lionsgate]] holds streaming and TV rights to the PolyGram Pictures-era films (except ''Flashdance'') such as ''The Pursuit of D.B. Cooper'', ''King of the Mountain'' and ''Six Weeks'', under license from [[Hearst Entertainment]], which previously had the TV rights to these films via King Features, Lionsgate eventually gained the TV/streaming rights to Hearst's library in 2015.