Savoy Pictures

Savoy Pictures Inc. was an American film production company. It consisted 1992-1997 and is now part of IAC / InterActiveCorp, one of the largest media companies in the country.

History

Foundation

In 1992, Victor A. Kaufmann, the Savoy Pictures Incorporated, together with the Vice-Chairperson Lewis J. Korman. In the coming years the company gained notoriety through the films in the streets of the Bronx, No Escape, The Last of the Dogmen and Serial Mom

Economic downturn and restructuring

With increasing success, the budget of the films, which Savoy increasingly no longer could carry mainly through mismanagement rose. Three years after its inception, the company was already facing financial difficulties, which was further worsened by the production of unsuccessful films Exit to Eden and heavy breaking.

In January 1995, Kaufmann announced to discontinue Robert N. Fried as the new head of the studio. Fried brought his hand a Alan Sokol, Bob Levin, Cathy Schulman, Stan Brooks, Stan Wlodkowski and film producers Sam Raimi, Bob Teitel, George Tillman, Rob Weiss and Peter Chelsom. In September of businessman put his investment in film production and structured the company to a broadcaster.

Shortly thereafter joined Kaufmann an agreement with New Line Cinema, which then took over the production and post-production of unfinished films of the company. Among them was the director 's debut of Martin Lawrence A Thin Line Between Love and Hate, and movies such as American History X, The Adventures of Pinocchio, The Stupids and A Simple Plan.

SF Broadcasting and resolution

From 1994 to 1997 Savoy Pictures existed as a joint venture with the Fox Broadcasting Company, a company called SF Broadcasting. It was broadcast by the stations WALA - TV in Mobile ( Alabama), WLUK - TV in Green Bay, WVUE in New Orleans and KHON in Honolulu. In 1995, she joined the FOX network and were sold to Silver King Broadcasting in 1997.

Savoy announced in December 1995, to be acquired by IAC / Interactive Corporation. In 1997, the contract was concluded and the Savoy Pictures Incorporation heard actually to exist. Today Viktor Kaufmann is vice chairman and board member of IAC.

Current rights

Pending the resolution of Savoy Pictures Home Box Office took over the sales of VHS - home videos. After 1997, the subsidiary HBO and Warner Bros. Television shared the rights to film and television productions. Focus Features, a company of Universal Pictures was planning a new edition of the Savoy - on film Serial Mom for May 6, 2008.

• Former Film Society (United States)