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| Company type | Private limited company |
|---|---|
| Industry | Entertainment |
| Founded | 2005; 20 years ago (2005) |
| Founders | Benjamin Waisbren |
| Defunct | 2009; 16 years ago (2009) |
| Fate | Closed |
| Headquarters | |
| Products | Motion pictures |
| Services | Film financing, Film production, Film distribution, Film development |
Virtual Studios LLC was an American film financier, distributor and production studio based in theUnited States.
Virtual Studios was founded by film producerBenjamin Waisbren in 2005 as a film financier and media company. The funding was backed bythe hedge fund Stark Investments, where he worked at the time of founding.
The companies first film production and financing credits were the romantic comedy filmDuane Hopwood and the dystopian political thriller filmV for Vendetta in 2005. In 2006, they signed a deal to produce and finance films in association withWarner Bros.[1] Their next films (Poseidon,V for Vendetta,The Good German and300) were all distributed by Warner Bros.The Assassination of Jesse James by the Coward Robert Ford was their last film they co-produced for Warner Bros. and the deal was signed off. Their last film wasBangkok Dangerous and the company was left dormant after the film became abox-office flop.
Virtual Studios started a film distribution company calledVirtual Films in early 2006. The company was short-lived and only lasted a year, and it was shut down in 2007.First Born was the only film that Virtual Films distributed.
Virtual Studios ultimately closed in 2009 after being dormant for a year due to Waisbren leaving the company to pursue other ventures. He later worked forLStar Capital's film funding company LSC Film Corporation on their deal withSony Pictures, and also currently owns and operates Virtually There Holdings LLC since 2014.[2][3]
| Release date | Film title | Notes |
|---|---|---|
| November 11, 2005 | Duane Hopwood | distributed byIFC Films; co-produced byBig Beach; first Virtual Studios film |
| March 17, 2006 | V For Vendetta | distributed and produced byWarner Bros.; co-produced bySilver Pictures, Anarchos Productions Inc., Vertigo, Medienboard Berlin-Brandenburg and Fünfte Babelsberg Film GmbH. |
| May 12, 2006 | Poseidon | distributed and produced byWarner Bros.; co-produced by,Irwin Allen Productions, Next Entertainment, Radiance Productions and Synthesis Entertainment. |
| December 8, 2006 | Blood Diamond | distributed and produced byWarner Bros.; co-produced byBedford Falls Productions andInitial Entertainment Group |
| December 15, 2006 | The Good German | distributed byWarner Bros.; co-produced bySection Eight Productions |
| March 9, 2007 | 300 | distributed and produced byWarner Bros.; co-produced byLegendary Pictures, Atmosphere Pictures and Hollywood Gang Productions |
| March 20, 2007 | First Born | |
| April 26, 2007 | Gardener of Eden | co-produced byAppian Way Productions |
| April 27, 2007 | Next | distributed byParamount Pictures; co-produced byRevolution Studios,Initial Entertainment Group andSaturn Films |
| June 15, 2007 | Nancy Drew | distributed and produced byWarner Bros.; co-produced byJerry Weintraub Productions |
| September 21, 2007 | The Assassination of Jesse James by the Coward Robert Ford | distributed and produced byWarner Bros.; co-produced byScott Free Productions andPlan B Entertainment |
| January 18, 2008 | Cassandra's Dream | distributed byStudioCanal Limited overseas whileThe Weinstein Company handled the US Distribution rights; co-produced byThe Wild Bunch |
| September 5, 2008 | Bangkok Dangerous | distributed byLionsgate; co-produced bySaturn Films and Blue Star Entertainment; final Virtual Studios film |