Carolco Pictures

Carolco Pictures, Inc.
Company typePrivate
IndustryEntertainment
FoundedMarch 30, 1976; 48 years ago (1976-03-30)[1]
FoundersMario Kassar[1]
Andrew G. Vajna[1]
DefunctDecember 22, 1995; 28 years ago (1995-12-22)
FateBankruptcy, assets and name now owned by StudioCanal
Successors
HeadquartersLos Angeles, California[1],
Key people
Mario Kassar
(Chairman & CEO)
ProductsMotion pictures
DivisionsCarolco Television Productions
SubsidiariesOrbis Communications
The IndieProd Company
Websitewww.carolcofilms.com

Carolco Pictures, Inc. was an American independent film studio that existed from 1976 to 1995, founded by Mario Kassar and Andrew G. Vajna.[1] Kassar and Vajna ran Carolco together until 1989, when Vajna left to form Cinergi Pictures. Carolco hit its peak in the 1980s and early 1990s, with blockbuster successes including the first three films of the Rambo franchise, Field of Dreams, Total Recall, Terminator 2: Judgment Day, Basic Instinct, Universal Soldier, Cliffhanger and Stargate. Nevertheless, the company was losing money overall, and it required a corporate restructuring in 1992. The 1995 film Cutthroat Island was produced as a comeback for the studio, but it instead lost them $147 million, and the company was quickly brought to an end.[2]

  1. ^ a b c d e "Carolco Pictures [Das Lexikon der Filmbegriffe]". filmlexikon.uni-kiel.de (in German). Archived from the original on August 12, 2021. Retrieved August 12, 2021.
  2. ^ Lambie, Ryan (March 11, 2014). "The rise and fall of Carolco". Den of Geek. Retrieved March 11, 2014.