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| Company type | Public |
|---|---|
| Nasdaq: CRLC | |
| Industry | Entertainment |
| Founded | March 30, 1976; 49 years ago (1976-03-30) (as Anabasis Investments) inBoca Raton, Florida, United States[1] |
| Founders | Mario Kassar[1] Andrew G. Vajna[1] |
| Defunct | December 22, 1995; 30 years ago (1995-12-22) |
| Fate | Bankruptcy, assets and name now owned byStudioCanal |
| Successors |
|
| Headquarters | Beverly Hills, California[1], United States |
Key people | Mario Kassar (chairman &CEO) |
| Products | Motion pictures |
| Divisions | Carolco Television Productions Carolco Home Video |
| Subsidiaries | Orbis Communications The IndieProd Company |
| Website | www.carolcofilms.com |
Carolco Pictures, Inc. was an Americanindependent film studio founded byMario Kassar andAndrew G. Vajna in 1976.[1] Kassar and Vajna ran Carolco together until 1989, when Vajna left to formCinergi Pictures. Carolco hit its peak in the 1980s and early 1990s, with blockbuster successes including the first three films of theRambo franchise,Field of Dreams,Total Recall,Terminator 2: Judgment Day,Basic Instinct,Universal Soldier,Cliffhanger andStargate. Nevertheless, Carolco was losing money overall, requiring acorporate restructuring in 1992. The filmCutthroat Island was produced as a resurgence for Carolco, but it instead lost them $147 million, and Carolco eventually went bankrupt in 1995.[2]
Carolco Pictures was founded through the partnership of two film investors,Mario Kassar andAndrew Vajna.[1] The two were hailed byNewsweek as some of the most successful independent producers.[3] By the age of 25, Vajna went from wig-maker to the owner of twoHong Kong theaters. Then, Vajna ventured into the production and distribution of feature films. One of Vajna's early productions was a 1973 martial-arts film entitledThe Deadly China Doll which made $3.7 million worldwide from a $100,000 budget.[4]
Their goal was to focus on film sales, with their first venture beingThe Sicilian Cross;[5] eventually it went into financing low-budget films. Their earliest films were produced byAmerican International Pictures andITC Entertainment with Carolco's financial support,[6] and co-produced with Canadian theater magnateGarth Drabinsky. The name "Carolco" was purchased from a defunct company based in Panama, and according to Kassar, "it has no meaning."[7]
Carolco's first major success wasFirst Blood (1982), an adaptation ofDavid Morrell'snovel of the same name. Kassar and Vajna took a great risk buying thefilm rights to the novel (for $385,000) and used the help of European bank loans to castSylvester Stallone as the lead character,Vietnam War veteran John Rambo, after having worked with him on theJohn Huston filmEscape to Victory (1981). The risk paid off afterFirst Blood made $120 million worldwide, and placed Carolco among the major players in Hollywood.[8]
On May 15, 1984, Carolco Pictures signed an agreement with then-up-and-coming film distributor and fledging studioTri-Star Pictures, with Tri-Star distributing Carolco's films in North America;HBO (a partner in the Tri-Star venture) handled pay cable television rights, andThorn EMI Video (later,HBO/Cannon Video) handled North American home video distribution rights. The first film to be released under the agreement wasRambo: First Blood Part II (1985).[9]
TheFirst Blood sequel was timed for the 10th anniversary of the United States'exit from the Vietnam War; that event garnered publicity for the new film, which also became a hit.[8] Tri-Star and Carolco quickly renewed their partnership in 1986, which called for Tri-Star to distribute upcoming Carolco productions, includingRambo III, in a new multi-feature agreement.[10] TriStar would release the majority of Carolco's films from that point on in the United States and some other countries until 1994.
The release of the twoRambo sequels were so instrumental to Carolco's financial success that the studio began to focus more on big-budget action films, with major stars such as Stallone (who later signed a ten-picture deal with the studio) andArnold Schwarzenegger attached. These films, aimed at appealing to a worldwide audience, were financed using a strategy known as "pre-sales", in which domestic and foreign distributors invested in these marketable films in exchange for local releasing rights.[11]
In January 1986, Carolco attempted to acquire troubled studioOrion Pictures—which had distributedFirst Blood for Carolco—via acorporate raid by Vajna and Kassar for control of their board.[12] The takeover failed by May, whenMetromedia acquired a controlling interest in Orion. That same year, Carolco hired tax attorney Peter Hoffman as their newest president and CEO, and he opted to provide financial backing to assist Carolco's growth.[2][13]
Also in the same year, Carolco entered the home video distribution business; they purchased independent video distributorInternational Video Entertainment (IVE), which was in financial distress and nearly bankrupt, and Carolco intended to reorient the company. The transaction was finalized in 1987.[14] This resulted in Carolco paying $43 million toHBO/Cannon Video (successor to Thorn-EMI Video) in exchange for the video rights to two of Carolco's upcoming releases,Angel Heart andExtreme Prejudice, allowing Carolco to relicense the pictures to IVE.[15] IVE merged with another distributor, Lieberman, and became LIVE Entertainment in 1988.[16] In addition to IVE, Carolco was also rumored to have been interested in acquiringMedia Home Entertainment fromHeron Communications, but the sale fell through.[17][18]
Throughout the remainder of the 1980s, Carolco expanded into various other business sectors to further capitalize on theRambo films and their other offerings. This included video retail holdings,[19] licensing of their IP,[20] an international division (which included deals withJohn Carpenter,Alive Films, and Canada'sAlliance Entertainment Corporation),[21][22][23] and television production and distribution via the buyout of independent syndicator Orbis Communications.[24] In addition to its own library, Carolco also held the television rights to the films ofHemdale Film Corporation (includingThe Terminator andThe Return of the Living Dead), Alive Films (includingKiss of the Spider Woman),HBO Premiere Films (includingThe Glitter Dome), and future subsidiary The Vista Organization.[25]
In 1989, they purchased some assets from the bankruptDe Laurentiis Entertainment Group (DEG), including their production facility inWilmington, North Carolina.[26][27] In doing so, Carolco also obtained the production rights toTotal Recall—an adaptation ofPhilip K. Dick'snovelette,We Can Remember It for You Wholesale—which had been in development limbo for a number of years, and Schwarzenegger convinced Kassar and Vajna to pursue the project while letting him star and obtain creative influence.[28][29][30] The resulting film, directed byPaul Verhoeven, was later released in 1990, grossing $261.4 million on a $48–80 million budget.[31]
"AfterRambo, we were trying to become a major studio. I felt that was the wrong direction. My feelings were very negative and it caused a lot of friction between Mario, myself, and Peter (Hoffman), who was by then Mario's right hand. I disagreed with where they wanted to go, and Peter played our egos against each other. He wanted to be a partner."
By late 1989, disagreements between Vajna and Kassar had grown over the direction of Carolco; Kassar and Hoffman desired to further expand the company into a larger studio, while Vajna felt their expansion had become overly rapid.[2][4] In November, Vajna formed his own studio,Cinergi Pictures, withThe Walt Disney Company'sHollywood Pictures as a distribution partner. The following month, Vajna sold his shares of Carolco to Kassar for $106 million, increasing the latter's ownership of Carolco to 62%.[32]
In 1990,Pioneer Electric Corporation of Japan acquired a share in Carolco.[33] The following year, Carolco formed a joint venture withNew Line Cinema to form Seven Arts, a distribution company which primarily released much of Carolco's low-budget output.[34] In 1991, syndicator Orbis Communications was renamed to Carolco Television, to better emphasize Carolco's connection.[35] Also around this time,Carolco Home Video was established, with LIVE Entertainment as an output partner.
In 1990, amidst the successful release ofTotal Recall, Arnold Schwarzenegger convinced Carolco to purchase the film rights toThe Terminator from producerGale Anne Hurd and the struggling Hemdale Corporation; Carolco already held the television rights to the film courtesy of its television distribution deal with Hemdale.[36][37] Carolco obtaining the rights ended a long-term rights dispute between Hemdale and directorJames Cameron, and since Cameron and Schwarzenegger had already been in talks of producing a sequel, Carolco opted to push forward with it to recoup their $17 million acquisition.[36]Terminator 2: Judgment Day was then produced in a collaboration between Carolco, Cameron'sLightstorm Entertainment, Hurd'sPacific Western Productions, andLe Studio Canal + of France.[36][37] With a budget of $102 million,Terminator 2 was the most expensive film ever made at the time; its budget involved a fast-paced pre-production phase, the lengthy and large-scale principal photography, thespecial effects (includingCGI visuals for theT-1000), and mass marketing.[38][39][40]Terminator 2 was released in July 1991, and it grossed $519–520.9 million, making it the highest-grossing film of the year and the highest-grossing film Carolco ever produced.[41][42][43]
In 1988, Carolco purchased the theatrical film rights toSpider-Man from producerMenahem Golan via his studio,21st Century Film Corporation, on the basis that he would serve as an executive producer.[44] Golan had previously tried and failed to produce aSpider-Man film for his bankrupt studio,the Cannon Group, and selling the theatrical rights to Carolco—along with the home video rights toColumbia Pictures, and the television rights toViacom—was his way of raising funds to revive production.[44][45] By 1991, Carolco began pre-production on theSpider-Man film, and James Cameron was quickly hired as the writer and director.[46][47] In 1993, towards the end of filmingTrue Lies,Variety carried the announcement that Carolco received a completed screenplay from Cameron.[48] This script bore the names of Cameron, John Brancato, Ted Newsom, Barry [sic] Cohen and "Joseph Goldmari"—a typographical scrambling of Menahem Golan's pen name, "Joseph Goldman"—with Marvel executive Joseph Calimari.[49] Cameron stalwart Arnold Schwarzenegger was frequently linked to the project as the director's choice forDoctor Octopus, and futureTitanic starLeonardo DiCaprio was considered for the titular role, Peter Parker.[50][51][52]
Carolco also attempted to makeBartholomew vs. Neff, a comedy film that was to have been written and directed byJohn Hughes and would have starredSylvester Stallone andJohn Candy,[53] and entered into a deal with actor and filmmakerRobert Redford to make three pictures that would be released through Seven Arts; only one of them,The Dark Wind, would be released through Seven Arts as part of the deal, while the other two would be released by other distributors amidst Carolco's financial troubles.[54]
Theearly 1990s recession caused production and marketing costs to increase, and while Carolco's high profile releases were successful—such asTotal Recall,Terminator 2: Judgment Day, andBasic Instinct—Carolco was beginning to lose money, since the increased costs began to outstrip box office receipts.[55] The studio had commonly mixed their blockbuster releases with their low-budget arthouse films, most of which were unprofitable. Carolco was also criticized for overspending on their high-budget films through reliance on star power and far-fetched deals (Schwarzenegger received a then-unheard-of $10–14 million for his work onTotal Recall andTerminator 2; Stallone received similar salaries for his roles). By the end of 1991, despiteTerminator 2's box office success, Carolco posted a $265.1 million loss.[55] Losses of partnerships also threatened Carolco's stability and drove it towards bankruptcy.[56]
In 1992, Carolco underwent a corporate restructuring, invested in by a partnership ofRizzoli-Corriere della Sera of Italy, Le Studio Canal+,Pioneer, andMetro-Goldwyn-Mayer (MGM). Each partner helped infuse up to $60 million into Carolco's stock and another $50 million for co-financing deals.[4] MGM also agreed to distribute their films domestically after Carolco's previous deal withTriStar expired.[57] The restructuring also involved Carolco reducing their staff and overhead, reducing major debts the studio owed to creditors and banks, and divesting its shares in LIVE Entertainment to a group of investors led by Pioneer.[55][58] LIVE was later renamedArtisan Entertainment, and was bought byLions Gate Entertainment in 2003. Cutbacks at Carolco also forced them to make a deal with TriStar over the funding of the Stallone-led action filmCliffhanger: Carolco sold full distribution rights in North America, Mexico, Australia, New Zealand, Germany, and France to TriStar in exchange for half of the film's budget.[59] WhileCliffhanger became a major box-office success, Carolco saw little revenue from the film since it ended up becoming a minority owner.[60] In October 1993, Carolco was able to complete a merger with The Vista Organization.[61]
Carolco's attempt to make more of its specialties proved to be more strenuous: their plans for aSpider-Man film with James Cameron, which had an projected budget of $50 million,[62] were forced to be shelved, following a period of litigation;[63] in April 1993, Menahem Golan filed a lawsuit against Carolco to revoke his contract with them, since Cameron had Golan's executive producer name omitted from the film credits.[63] In February 1994, Carolco filed a separate lawsuit against Columbia Pictures and Viacom, in an effort to gain their home video and television rights toSpider-Man, but the suit backfired, when Columbia and Viacom counter-sued Carolco.[63] In 1995, Carolco, Golan, Columbia, Viacom, andMarvel were all sued by MGM, who believed they should have inherited the film rights, upon acquiring the Cannon Group and 21st Century Films.[63][64] Since the court did not rule in Carolco's favor, theSpider-Man film rights were reverted to Marvel and eventually sold to Columbia.[63][64]
By May 1994, Carolco had two big-budget films scheduled for production:Crusade, a Schwarzenegger-led film based on a script byWalon Green and with Paul Verhoeven attached as director, andCutthroat Island, aMichael Douglas-led swashbuckler film withRenny Harlin attached as director.[59][65] At that point, the studio's financial losses and debts had worsened to the point they could only barely afford to finance one major project. Carolco decided to push forward withCutthroat Island as their comeback film while cancellingCrusade, since the latter's projected budget reached $100 million, and during a meeting with Carolco executives, Verhoeven refused to guarantee that it would not further increase.[59][65][66]
Early inCutthroat Island's production, Michael Douglas dropped out and was replaced by the less-bankableMatthew Modine.Geena Davis, cast as the female lead through Renny Harlin—her husband at the time—was already an establishedA-lister but was coming off a string of flops. MGM hoped to advertiseCutthroat Island based on spectacle rather than cast. In an attempt to raise more financing for the film, Carolco sold off the rights to several films in production, includingLast of the Dogmen,Stargate andShowgirls.[67][68][69][70][71] In October 1994, Carolco ran out of funds and Pioneer invested another $8 million.[33] In April 1995, Carolco announced that it was unable to make interest payments on $55 million of debt.[72] In November, Carolco filed forChapter 11 bankruptcy protection.Cutthroat Island was released the following month and became a major box-office disaster, earning $16 million on a finalized $90-100 million budget.[73][74]
Without the expected box office returns, Carolco was forced to liquidate. The company agreed to sell its assets to20th Century Fox for $50 million.[75] But when Canal+ made a $58 million bid for the library in January 1996, Fox, which by then lowered their offer to $47.5 million, dropped their deal.[76] During the bankruptcy proceedings, Carolco's finances underwent an investigation by theInternal Revenue Service (IRS), which claimed that from 1988 to 1990, Peter Hoffman had arranged for Carolco to commit todeferred compensation andtax evasion, as a method to maintain the studio's operations and to preserve his own salary.[13][77] Hoffman consequently was to be charged with four counts of felony tax evasion, but in 1997, he was acquitted of two of the charges, he plead guilty totax misdemeanor, and agreed to pay a $5,000 fine.[78][79]
While Mario Kassar and Andrew Vajna had no direct involvement with Hoffman's fraudulent activities, they collectively owed the IRS $109.7 million in back taxes and penalties from the studio's underpayments;[13][80] the overdue taxes were later settled in 2002, with Vajna agreeing to pay $6.5 million and Kassar agreeing to pay $45 million.[81] In 1998, Kassar and Vajna regrouped to establishC2 Pictures, an intended successor to both Carolco and Cinergi, and they went on to produceTerminator 3: Rise of the Machines andBasic Instinct 2, among other films. Concurrently, Hoffman proceeded to manageSeven Arts Pictures until 2014, when he received further criminal charges for defrauding the state ofLouisiana's tax credit system.[79][82]
Film producer Alexander Bafer purchased the Carolco name and logo years later. On January 20, 2015, Bafer renamed his production company Carolco Pictures, formerly known as Brick Top Productions. Bafer then recruited Mario Kassar as the chief development executive of the new Carolco.[83][84] However, on April 7, 2016, it was announced that both Bafer and Kassar had left the company, Kassar taking with him one of Carolco's planned projects, a remake of the 1999 Japanese horror filmAudition which he was producing. Investor Tarek Kirschen was then inducted as Carolco's CEO.[85] In 2017,StudioCanal and Carolco reached an agreement whereby StudioCanal would have sole control of the Carolco name and logo and the Carolco Pictures company would be renamed Recall Studios. That agreement settled a legal dispute over the Carolco mark brought by StudioCanal.[86][87] The arrangement took effect on November 29 of that year.
After its bankruptcy, the assets of Carolco were sold off to other companies, most already sold during Carolco's existence. In March 1996,Canal+ purchased the library in bankruptcy court for a value of approximately $58 million.[88] The ancillary rights to Carolco's library (up to 1995 with certain exceptions) are held by French production companyStudioCanal, since its parent company,Canal+ Group, owned a stake in Carolco, eventually buying out its partners.[89][90]
On September 17, 1991,Multimedia Entertainment acquired Carolco's television business, which included television distribution unit Orbis Communications and the telefilm subsidiary Carolco Television Productions,[91] but did not include the television distribution rights to Carolco's film library.
Those rights would instead be licensed toSpelling Entertainment'sWorldvision Enterprises in 1992 in order to pay off debt.[92] InNorth America, with certain exceptions, those rights are held byParamount Television Studios throughTrifecta Entertainment & Media as the successor to Spelling/Worldvision. All other rights in terms of home video were (and for a majority of the library, still are) licensed toLionsgate under an ongoing deal with StudioCanal. Lionsgate, in turn, licensed those rights in Canada toEntertainment One (which in turn was acquired by Lionsgate in 2023), although theatrical rights to most of the library were split betweenSony Pictures (forCliffhanger), andRialto Pictures (for the rest of the library not already retained by its original distributors or passed on to other companies).[citation needed] The video rights to most titles previously released by Lionsgate in North America are now held outright by StudioCanal, and sublicensed toKino Lorber.[citation needed]
Showgirls was sold in pre-production toUnited Artists andChargeurs (now known asPathé); both studios retained the film.[citation needed]
StudioCanal itself held full distribution rights in France, Germany, Australia, Ireland, and the United Kingdom. In other territories, StudioCanal licensed home video rights toUniversal Pictures Home Entertainment until StudioCanal's global distribution deal with Universal expired in January 2022.[93]
| Release date | Title | Notes |
|---|---|---|
| March 30, 1976 | Street People | financing; produced by Aetos Produzioni; distributed by Agora Cinematografica in Italy andAmerican International Pictures in North America |
| July 9, 1976 | A Small Town in Texas | financing; produced and distributed byAmerican International Pictures |
| July 28, 1976 | Futureworld | financing; produced and distributed by American International Pictures |
| October 8, 1976 | The Cassandra Crossing | financing; produced byITC Entertainment; distributed byEmbassy Pictures |
| March 23, 1977 | The Domino Principle | |
| March 31, 1977 | The Eagle Has Landed | financing; produced by ITC Entertainment; distributed byColumbia Pictures |
| August 5, 1977 | March or Die | |
| March 30, 1979 | The Silent Partner | distributed by EMC |
| May 11, 1979 | Winter Kills | financing; distributed by Embassy Pictures |
| May 30, 1979 | The Fantastic Seven | financing; produced byMartin Poll |
| September 1979 | The Sensuous Nurse | financing |
| Release date | Title | Notes |
|---|---|---|
| March 28, 1980 | The Changeling | distributed byAssociated Film Distribution |
| August 15, 1980 | The Kidnapping of the President | financing; distributed byCrown International Pictures |
| September 5, 1980 | Agency | financing; distributed byJensen Farley Pictures |
| September 9, 1980 | Suzanne | financing; distributed by20th Century Fox |
| September 15, 1980 | Shōgun | financing; distributed byParamount Pictures |
| December 14, 1980 | Tribute | financing; distributed by 20th Century Fox |
| February 1, 1981 | Caboblanco | financing; distributed by AVCO Embassy Pictures |
| March 23, 1981 | The High Country | financing; distributed by Crown International Pictures |
| April 10, 1981 | The Last Chase | financing; distributed by Crown International Pictures |
| July 30, 1981 | Escape to Victory | withLorimar; distributed by Paramount Pictures |
| September 25, 1981 | Carbon Copy | financing; produced byHemdale Film Corporation andRKO Pictures, distributed by AVCO Embassy Pictures |
| December 18, 1981 | Your Ticket Is No Longer Valid | financing |
| February 12, 1982 | The Amateur | produced in association with Tiberius Film Productions; distributed by 20th Century Fox |
| October 22, 1982 | First Blood | distributed byOrion Pictures |
| January 1985 | Superstition | with Panaria, distributed by Almi Pictures |
| May 22, 1985 | Rambo: First Blood Part II | first film under distribution pact withTriStar Pictures |
| March 6, 1987 | Angel Heart | distributed by TriStar Pictures |
| April 24, 1987 | Extreme Prejudice | |
| October 23, 1987 | Prince of Darkness | international distribution only; with Alive Films, Larry Franco Productions and Haunted Machine Productions; distributed byUniversal Pictures in the U.S. |
| March 18, 1988 | Pound Puppies and the Legend of Big Paw | with The Maltese Companies; distributed by TriStar Pictures |
| May 25, 1988 | Rambo III[94] | distributed by TriStar Pictures |
| June 17, 1988 | Red Heat | |
| September 15, 1988 | Homeboy | North American distribution only through TriStar Pictures; with Redruby Ltd. and Palisades Entertainment Group |
| November 4, 1988 | They Live | international distribution only; with Alive Films and Larry Franco Productions; distributed by Universal Pictures in the U.S. |
| November 11, 1988 | Iron Eagle II | distributed by TriStar Pictures |
| December 2, 1988 | Watchers | with Concorde Pictures, Centaur Films, Rose & Ruby Productions and Canadian Entertainment Investors No. 2 and Company; distributed by Universal Pictures |
| January 13, 1989 | DeepStar Six | distributed by TriStar Pictures |
| April 7, 1989 | Pathfinder | subtitled version of a film made in Norway |
| May 19, 1989 | Food of the Gods II | distributed by Concorde Pictures |
| August 4, 1989 | Lock Up | distributed by TriStar Pictures |
| September 29, 1989 | Johnny Handsome | |
| October 27, 1989 | Shocker | international distribution only; with Alive Films and Universal City studios; distributed by Universal Pictures in the U.S. |
| December 22, 1989 | Music Box | distributed by TriStar Pictures |
| Release date | Title | Notes |
|---|---|---|
| February 23, 1990 | Mountains of the Moon | distributed by TriStar Pictures |
| March 29, 1990 | Welcome to Spring Break | home media and television distribution in North America only, distributed byColumbia Pictures andOverseas Filmgroup internationally |
| June 1, 1990 | Total Recall | distributed by TriStar Pictures |
| August 10, 1990 | Air America | |
| September 21, 1990 | Narrow Margin | |
| November 2, 1990 | Jacob's Ladder | |
| December 19, 1990 | Hamlet | Foreign distribution withWarner Bros.,Icon Productions, andNelson Entertainment |
| February 8, 1991 | L.A. Story | distributed by TriStar Pictures |
| March 1, 1991 | The Doors | withBill Graham Films andImagine Entertainment; distributed by TriStar Pictures |
| April 25, 1991 | The Punisher | home media and television distribution[95] in North America only, distributed byNew World Pictures and20th Century Fox internationally |
| July 3, 1991 | Terminator 2: Judgment Day | withLightstorm Entertainment andLe Studio Canal+; distributed by TriStar Pictures |
| August 15, 1991 | Bloodmoon | North American home media and international distribution only[96]; withVillage Roadshow Pictures |
| March 20, 1992 | Basic Instinct | with Le Studio Canal+; distributed by TriStar Pictures |
| July 10, 1992 | Universal Soldier[97] | withCentropolis Entertainment; distributed by TriStar Pictures |
| October 9, 1992 | Reservoir Dogs | international distribution only; with Live Entertainment; distributed byMiramax in the U.S. |
| December 25, 1992 | Chaplin | with Le Studio Canal+; distributed by TriStar Pictures |
| May 28, 1993 | Cliffhanger | |
| August 26, 1994 | Wagons East | last Carolco film to be distributed by TriStar Pictures. |
| October 28, 1994 | Stargate | with Le Studio Canal+, distributed byMetro-Goldwyn-Mayer |
| September 8, 1995 | Last of the Dogmen | withSavoy Pictures |
| September 22, 1995 | Showgirls | withUnited Artists andChargeurs[98] |
| December 22, 1995 | Cutthroat Island | distributed by Metro-Goldwyn-Mayer, last film to be released by Carolco |
| Release date | Title | Notes |
|---|---|---|
| September 14, 1990 | Repossessed | distributed byNew Line/Seven Arts |
| September 28, 1990 | King of New York | distributed by New Line/Seven Arts |
| February 1, 1991 | Queens Logic | distributed by New Line/Seven Arts; withNew Visions Pictures |
| May 10, 1991 | Sweet Talker | distributed by New Line/Seven Arts; with New Visions Pictures |
| May 17, 1991 | Dice Rules | distributed by New Line/Seven Arts |
| August 23, 1991 | Defenseless | distributed by New Line/Seven Arts; with New Visions Pictures |
| September 20, 1991 | Rambling Rose | distributed by New Line/Seven Arts |
| October 25, 1991 | Get Back | distributed by New Line/Seven Arts; with Majestic Films andAllied Filmmakers |
| November 1991 | The Dark Wind | distributed by New Line/Seven Arts; with Le Studio Canal+ |
| June 21, 1992 | Aces: Iron Eagle III | distributed by New Line/Seven Arts |
| June 26, 1992 | Incident at Oglala | distributed by Miramax after closure of Seven Arts banner |
| August 21, 1992 | Light Sleeper | distributed by New Line divisionFine Line Features; last picture to be made under the Seven Arts banner |
| October 9, 1992 | A River Runs Through It | distributed by Columbia Pictures after closure of Seven Arts banner; withAllied Filmmakers[99] |
| July 30, 1993 | Tom and Jerry: The Movie | distributed by Miramax after closure of Seven Arts banner; withTurner Pictures and Live Entertainment |
| International | |
|---|---|
| National | |
| Other | |
