Industry | Independent film |
---|---|
Founded | 1991 |
Founder | Bingham Ray Jeff Lipsky |
Defunct | 1999 |
Fate | Sold to USA Networks and merged with Gramercy Pictures, Interscope Communications and PolyGram Filmed Entertainment |
Successor | USA Films Focus Features |
Parent | Universal Studios (1997–1999) |
Subsidiaries | Rogue Pictures |
October Films, Inc. was a major U.S. independent film production company[1] and distributor founded in 1991 by Bingham Ray and Jeff Lipsky as a means of distributing the 1990 film Life Is Sweet.
A series of mergers and acquisitions began when Universal Studios (then a division of the Seagram Company) bought a majority stake in October Films in 1997.[2] Universal then sold its shares to Barry Diller in 1999, who renamed the company USA Films and merged it with Interscope Communications and Gramercy Pictures.[3] Vivendi then acquired USA Films, who in 2002 acquired Good Machine and merged it with USA Films, forming Focus Features.