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Largo Entertainment

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Defunct US film production company
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Largo Entertainment
Company typeFilm studio
Industry
Founded1989; 36 years ago (1989)
FounderLawrence Gordon
Defunct1999; 26 years ago (1999)
FateAssets sold toIntermedia
SuccessorIntermedia
Headquarters
OwnerEach of 50% owned by:
Lawrence Gordon
JVC

Largo Entertainment was an American independent production company founded in 1989. It was run by film producerLawrence Gordon and was backed by electronics firmVictor Company of Japan, Ltd. (JVC) in an investment that cost more than $100 million. The production company released their first film,Point Break in 1991 and their last film wasGrey Owl in 1999.

History

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In August 1989, Gordon formed Largo Entertainment with the backing of JVC, representing the first major Japanese investment in the entertainment industry. Although JVC put up the entire $100 million investment, the company was structured to be a 50/50 joint venture between Gordon and JVC.[1] As the company's chairman and chief executive officer, Gordon was responsible for the production of such films asPoint Break (1991), starringPatrick Swayze andKeanu Reeves;The Super (1991), starringJoe Pesci;Unlawful Entry (1992), starringKurt Russell,Ray Liotta andMadeleine Stowe;Used People (1992), starringShirley MacLaine,Jessica Tandy,Kathy Bates,Marcia Gay Harden andMarcello Mastroianni; andTimecop (1994), starringJean-Claude Van Damme. Largo also co-financed and handled the foreign distribution of the acclaimed 1992 biopicMalcolm X, directed bySpike Lee and starringDenzel Washington in the title role. In January 1994, Gordon left the company and forged a production deal atUniversal.[2] In 1999, JVC transferred Largo's film acquisition assets to JVC Entertainment, a film subsidiary for the Japanese market, and shut down its foreign sales operation.[3] Largo's film library was acquired byInterMedia in 2001.[4]

Filmography

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Release dateTitleDistributorNotesBudgetGross (worldwide)
July 12, 1991Point Break20th Century Foxco-production with Tapestry Films and Johnny Utah Productions$24 million$83.5 million
October 4, 1991The Superco-production withJVC Entertainment Networks$22 million$11 million
November 1, 199129th Streetco-production with JVC Entertainment Networks and Permut ProductionsN/A$2.1 million
June 26, 1992Unlawful Entryco-production with JVC Entertainment Networks$23 million$57.1 million
October 23, 1992Dr. GigglesUniversal Picturesco-production withDark Horse EntertainmentN/A$8.4 million
November 18, 1992Malcolm XWarner Bros. Picturesco-production with40 Acres and a Mule Filmworks$35 million$48.2 million
December 16, 1992Used People20th Century Foxco-production with JVC Entertainment Networks and U.P. Productions$16 million$28 million
October 15, 1993Judgment NightUniversal Pictures$21 million$12.1 million
February 11, 1994The Getaway$37 million$30 million
September 16, 1994Timecopco-production with Signature Pictures, Renaissance Pictures andDark Horse Entertainment$27 million$101.6 million
February 2, 1996White SquallBuena Vista Picturesco-production withHollywood Pictures andScott Free Productions; also international distribution rights$38 million$10.2 million
April 26, 1996Mulholland FallsMGM/UA Distribution Co.co-production withMetro-Goldwyn-Mayer Pictures,The Zanuck Company andPolyGram Filmed Entertainment$29 million$11.5 million
October 9, 1996The ProprietorWarner Bros.co-production withMerchant Ivory Productions, Ognon Pictures and Fez Production FilmcilikN/A
November 29, 1996Adrenalin: Fear the RushLegacy Releasing Corporationco-production withFilmwerks and Toga Productions; distributed to home video byBuena Vista Home Video andDimension FilmsN/A$37,536
January 31, 1997Meet Wally SparksTrimark Picturesco-production withThe Greif Company$4.1 million
March 14, 1997City of IndustryOrion Pictures$8 million$1.5 million
April 19, 1997HabitatSci-Fi Channelmade-for television film; co-production with Transfilm, Kingsborough Pictures, Ecotopia B.V. and August EntertainmentN/A
1996Omega DoomColumbia TriStar Home Videodirect-to-video; co-production withFilmwerks
July 11, 1997This World, Then the FireworksOrion Picturesco-production with Balzac's Shirt, Muse Productions and WynardN/A$51,618
July 25, 1997Box of MoonlightBox of Moonlight Picture Corporationco-production withLakeshore Entertainment and Lemon Sky Productions$782,641
August 22, 1997G.I. JaneBuena Vista Picturesco-production withHollywood Pictures,Caravan Pictures,Roger Birnbaum Productions andScott Free Productions; also international distribution rights$50 million$48.1 million
February 27, 1998Kissing a FoolUniversal Picturesco-production with Rick Lashbrook Films$19 million$4.1 million
April 9, 1998Shadow of DoubtNew City ReleasingN/A
October 30, 1998VampiresSony Pictures Releasingco-production with Columbia Pictures,Storm King Productions, Film Office and Spooky Tooth Productions$20 million$20.3 million
December 30, 1998AfflictionLions Gate Filmsco-production with Reisman Productions and Kingsgate Films$6 million$6.3 million
May 21, 1999Finding GracelandColumbia TriStar Home VIdeodirect-to-video; co-production with TCB Productions and Avenue PicturesN/A
November 9, 1999Bad Day on the Blockdirect-to-video, co-production with Sheen/Michaels Entertainment
February 15, 2000Grey OwlNew City Releasingco-production withAllied Filmmakers$30 million$632,617

References

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  1. ^EASTON, NINA J. (1989-08-21)."Japanese Firm in $100-Million Hollywood Deal".Los Angeles Times.ISSN 0458-3035. Retrieved2018-11-23.
  2. ^O'Steen, Kathleen (1994-01-13)."Gordon leaves Largo".Variety. Retrieved2018-11-23.
  3. ^Roman, Monica (1999-02-08)."JVC to forgo Largo".Variety. Retrieved2018-11-23.
  4. ^Dawtrey, Adam (2001-03-14)."Largo library to Intermedia".Variety. Archived fromthe original on 2018-11-24. Retrieved2018-11-23.
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