Carolco Pictures Inc.
Carolco Pictures Inc.
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Beautifully engraved bond certificate from Carolco Pictures Inc., dating back to the 1990's. This document, which carries the printed signatures of the company Chairman of the Board and Secretary, was printed by the American Bank Note Company, and measures approximately 12" (w) by 8" (h).
This certificate's intricate vignette features a female figure in front of a globe and a film strip.
You will receive the exact certificate pictured.
Carolco Pictures is a film production company started by Mario Kassar and Andrew G. Vajna back in the late 1970's. Beginning in producing a couple of AIP films (such as the 1976 science fiction thriller Futureworld) in addition to a bunch of ITC Entertainment films (such as the 1977 thriller The Domino Principle) and Canadian films (such as the 1979 comedy The Silent Partner), they eventually worked their way up by producing First Blood in 1982.
Financing their productions through international sales, they created a model in which their films often had high budgets and gave the actors a handsome sum for their services. A few of their movies even broke records for the highest budgeted movies ever (1985's Rambo: First Blood Part II cost $44 million, 1988's Rambo III cost $63 million and 1991's Terminator 2: Judgment Day cost $102 million, the first film to break that mark). They also had a limited television presence, via the occasional TV-movie, as well as ownership of syndication firm Orbis Communications, which distributed both the 1990 incarnation of The Joker's Wild and the John Davidson version of The $100,000 Pyramid; they sold Orbis to Multimedia Entertainment (the people who brought us Donahue and Jerry Springer); that company was subsequently acquired by Universal in 1996 (and thus dooming Joker and Pyramid to legal limbo, as the other versions of those shows are owned by Sony Pictures Television).
Despite their success, the high costs and the company's spending sprees (they also broke into television production, home video distribution and owned a studio formerly owned by Dino de Laurentiis in North Carolina) caught up with the company. Vajna left to start his own production company, Cinergi, and Kassar began to spend more to make more. Two 1995 productions, Showgirls and Cutthroat Island, sealed the company's fate as both films cost a combined $140 million and grossed just a combined $30 million. While Showgirls turned a major profit on home video, Carolco had sold the film's rights in pre-production.
In 1996, the French broadcaster Canal+ paid $58 million to acquire Carolco. That channel's movie studio, StudioCanal, now owns the rights to virtually all of Carolco's library; with the exceptions of Showgirls (United Artists and Pathe), Stargate (the film is owned by StudioCanal as they co-produced, but Metro-Goldwyn-Mayer owns the rest of the franchise), Cliffhanger (TriStar), and Last Of The Dogmen (Focus Features by way of Savoy Pictures). Paramount owns American TV distribution to most of the Carolco library (thanks to acquiring Worldvision Enterprises in 1999, which had a deal with Carolco struck in 1991; strangely despite having their TV division taken away by CBS in 2005 with the CBS/Viacom split Paramount continues to hold TV rights, with Trifecta Entertainment and Media handling distribution), with Sony and Rialto Pictures handling theatrical re-releases. Video releases are frequently handled by Lionsgate due to having acquired Artisan Entertainment, which had a close relationship with Carolco in the early 90s (indeed, Carolco owned a stake in Artisan's predecessors, IVE and Live Entertainment)
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