Revolution Studios
| Subsidiary | |
| Industry |
Film Television |
| Founded |
2000 (film studio) 2001 (television studio) |
| Founder | Joe Roth |
| Headquarters | USA |
| Products |
Motion pictures Television series |
| Parent | Fortress Investment Group |
Revolution Studios is an American motion picture and television studio headed by Chief Executive Officer Vince Totino and Chief Operating Officer Scott Hemming.[1]
The company focuses primarily on exploiting the distribution, remake and sequel rights to titles in its library, which it continues to add to through acquisitions and new productions.
Company history
Revolution was founded in 2000 by Joe Roth, a former chairman of Walt Disney Studios and 20th Century Fox. The studio entered into an agreement with Sony Pictures Entertainment — which also owned a stake in the company — to distribute and market Revolution's films. Roth owned the controlling interest in Revolution. Other equity owners included Hollywood executives Todd Garner, Rob Moore, Tom Sherak and Elaine Goldsmith-Thomas, as well as Starz Entertainment and 20th Century Fox. Coinciding with the end of its six-year distribution deal with Sony in 2007, Revolution turned its attention to exploiting the remake, sequel and television rights to films in its library. In August 2006 Revolution announced that it had licensed to Universal Pictures the sequel rights to its comic-book-inspired hit Hellboy (2004).[2] Universal released Hellboy II: The Golden Army in the United States in 2008.
Revolution produced a sitcom based on its comedy feature Are We There Yet?, which ran from 2010 to 2012 on TBS,[3] as well as a sitcom adaptation of Anger Management, which ran from 2012 to 2014 on FX.[4]
In June 2014 Roth announced that he had sold Revolution Studios to funds managed by Fortress Investment Group, for roughly $250 million. Roth continues to serve as a strategic adviser and develops TV projects for the studio through a first-look deal. Concurrent with the sale, former Chief Operating Officer Vince Totino was promoted to CEO and former finance executive Scott Hemming was named COO.[5]
After the sale, the newly recapitalized Revolution Studios began adding to its library through a series of acquisitions. In October 2014 it acquired the foreign rights and copyrights of Morgan Creek Productions.[6]
In October 2015 Revolution acquired Cross Creek Pictures' 50% interests in feature films Black Swan and The Ides of March.[7] That same year Revolution announced a partnership with Universal Pictures Home Entertainment to produce non-theatrical sequels, prequels or other spinoffs based on the titles in Revolution’s library.[8] This deal does not, however, include titles in the Morgan Creek catalog, to which Revolution owns the international rights and copyrights exclusively.
In June 2016 Revolution expanded its library to 126 films when it acquired worldwide rights to five films produced by Graham King's GK Films: Hugo, The Tourist, Edge of Darkness, The Rum Diary and The Young Victoria. The rights were previously held by Dallas-based Tango Films.[9]
Corporate partnerships
In October 2014 Revolution Studios forged a global licensing pact with Miramax, wherein the latter company would sell the worldwide TV and digital distribution rights to Revolution’s library. Miramax has been handling U.S. sales of the Revolution library since June 2012.[10]
In October 2015 Revolution announced that it had purchased the eight-film Cold Spring Pictures film library, including the 2009 Academy Award nominee and Golden Globe Award winner Up in the Air.[11]
In May 2016 Revolution announced that it had made a seven-figure investment for a stake in Spanish-language digital services company Latin Everywhere, agreeing to license Spanish-dubbed versions of its library titles to Latin Everywhere’s video streaming platform Pongalo (Spanish for “play it”).[12]
Films
Here is a list of films independently produced by Revolution:
| Release Date | Title | Notes | Budget | Gross (worldwide) |
|---|---|---|---|---|
| March 30, 2001 | Tomcats | co-production with Eagle Cove Entertainment | $11 million | $23,430,766 |
| June 1, 2001 | The Animal | co-production with Happy Madison Productions | $47 million | $84,772,742 |
| July 20, 2001 | America's Sweethearts | co-production with Face Productions, Roth-Arnold Productions and Shoelace Productions | $46 million | $138,191,428 |
| November 2, 2001 | The One | co-production with Hard Eight Pictures | $49 million | $72,689,126 |
| December 28, 2001 | Black Hawk Down | co-production with Jerry Bruckheimer Films and Scott Free Productions | $92 million | $172,989,651 |
| May 10, 2002 | The New Guy | $13 million | $31,167,388 | |
| August 2, 2002 | The Master of Disguise | co-production with Happy Madison Productions | $16 million | $43,411,001 |
| August 9, 2002 | XXX | co-production with Original Film | $70 million | $277,448,382 |
| September 13, 2002 | Stealing Harvard | co-production with Imagine Entertainment | $25 million | $14,277,032 |
| November 1, 2002 | Punch-Drunk Love | co-production with New Line Cinema | $25 million | $24,665,649 |
| December 13, 2002 | Maid in Manhattan | co-production with Red OM Films | $55 million | $154,906,693 |
| January 24, 2003 | Darkness Falls | co-production with Distant Corners | $11 million | $47,488,536 |
| March 7, 2003 | Tears of the Sun | co-production with Cheyenne Enterprises | $75 million | $86,468,162 |
| April 11, 2003 | Anger Management | co-production with Happy Madison Productions | $75 million | $195,745,823 |
| May 10, 2003 | Daddy Day Care | co-production with Davis Entertainment | $69 million | $164,433,867 |
| June 13, 2003 | Hollywood Homicide | $75 million | $51,142,659 | |
| August 1, 2003 | Gigli | co-production with City Light Films and Casey Silver Productions | $54 million | $7,266,209 |
| October 24, 2003 | Radio | co-production with Tollin/Robbins Productions | $35 million | $53,293,628 |
| November 26, 2003 | The Missing | co-production with Imagine Entertainment | $60 million | $38,364,277 |
| December 19, 2003 | Mona Lisa Smile | co-production with Red OM Films | $65 million | $141,337,989 |
| December 25, 2003 | Peter Pan | co-production with Universal Pictures (USA), Columbia Pictures (International), Red Wagon Entertainment and Allied Stars Ltd. | $100 million | $121,975,011 |
| April 2, 2004 | Hellboy | co-production with Lawrence Gordon Productions and Dark Horse Entertainment | $66 million | $99,318,987 |
| April 23, 2004 | 13 Going on 30 | $37 million | $96,455,697 | |
| June 23, 2004 | White Chicks | co-production with Wayans Bros. Entertainment | $37 million | $113,086,475 |
| August 6, 2004 | Little Black Book | $35 million | $22,034,832 | |
| September 24, 2004 | The Forgotten | co-production with The Jinks Cohen Company | $42 million | $117,592,831 |
| November 24, 2004 | Christmas with the Kranks | co-production with 1492 Pictures, Team Todd Films and Boxing Cat Films | $60 million | $96,572,480 |
| January 21, 2005 | Are We There Yet? | co-production with Cube Vision | $32 million | $97,918,663 |
| January 28, 2005 | An Unfinished Life | co-production Miramax Films and The Ladd Company | $30 million | $18,618,284 |
| February 25, 2005 | Man of the House | $40 million | $21,577,624 | |
| April 29, 2005 | XXX: State of the Union | co-production with Original Film | $87 million | $71,022,693 |
| October 14, 2005 | The Fog | $18 million | $46,201,432 | |
| October 21, 2005 | The Prize Winner of Defiance, Ohio | co-production with DreamWorks and ImageMovers | $12 million | $689,028 |
| November 23, 2005 | Rent | co-production with 1492 Pictures and Tribeca Productions | 40 million | $31,670,620 |
| February 17, 2006 | Freedomland | co-production with Scott Rudin Productions | $30 million | $14,655,628 |
| April 7, 2006 | The Benchwarmers | co-production with Happy Madison Productions | $33 million | $64,957,291 |
| June 23, 2006 | Click | co-production with Happy Madison Productions and Original Film | $82.5 million | $237,681,299 |
| July 14, 2006 | Little Man | co-production with Wayans Bros. Entertainment | $64 million | $101,595,121 |
| August 11, 2006 | Zoom | co-production with Team Todd Films and Boxing Cat Films | $35 million | $12,506,188 |
| December 20, 2006 | Rocky Balboa | co-production with Metro-Goldwyn-Mayer | $24 million | $155,721,132 |
| April 6, 2007 | Are We Done Yet? | co-production with RKO Pictures and Cube Vision | $28 million | $58,388,068 |
| April 13, 2007 | Perfect Stranger | $60 million | $73,090,611 | |
| April 27, 2007 | Next | co-production with Saturn Films, Virtual Studios and Initial Entertainment Group, distributed by Paramount Pictures | $70 million | $76,066,841 |
| August 8, 2007 | Daddy Day Camp | co-production with TriStar Pictures, Davis Entertainment and Blue Star Entertainment | $6 million | $18,197,398 |
| September 7, 2007 | The Brothers Solomon | co-production with TriStar Pictures and Carsey-Werner Productions | $10 million | $1,035,056 |
| October 12, 2007 | Across the Universe | co-production with Team Todd | $45 million | $29,367,143 |
| December 25, 2007 | The Water Horse: Legend of the Deep | co-production with Walden Media, Beacon Pictures and Ecosse Pictures | $40 million | $103,071,443 |
| January 20, 2017 | XXX: Return of Xander Cage[13] | co-production with Paramount Pictures, One Race Films and Roth Kirschenbaum Films |
Television
- Are We There Yet? (2010-2012)
- Drew Carey's Improv-A-Ganza (2011)
- Anger Management (2012–2014)
See also
References
- ↑ Alexandra Cheney, Dave McNary (26 June 2014). "Joe Roth Sells Revolution Studios for $250 Million". Variety. Retrieved 13 June 2016.
- ↑ Staff (3 August 2006). "Universal Picks up Hellboy 2: the Golden Army!". SuperHeroHype. Retrieved 13 June 2016.
- ↑ Trevor Kimball (16 August 2010). "Are We There Yet?: TBS Orders 90 Episodes of the Ice Cube Sitcom". TV Series Finale. Retrieved 13 June 2016.
- ↑ John Sellers (18 July 2011). "Charlie Sheen Preps Sitcom Based on "Anger Management"". The Wrap. Retrieved 13 June 2016.
- ↑ Alexandra Cheney, Dave McNary (26 June 2014). "Joe Roth Sells Revolution Studios for $250 Million". Variety. Retrieved 13 June 2016.
- ↑ Marc Graser (7 October 2014). "Revolution Studios Buys International Rights to Morgan Creek's Library for $36.8 Million". Variety. Retrieved 13 June 2016.
- ↑ Anita Busch (30 September 2015). "Revolution Studios Takes Ownership Stake In 'The Ides of March' As It Grows Its Library". Deadline.com. Retrieved 13 June 2016.
- ↑ Dave McNary (1 October 2015). "Revolution Teaming with Universal on Non-Feature Spinoffs, Sequels". Variety. Retrieved 13 June 2016.
- ↑ Tim Molloy (21 June 2016). "Revolution Studios Acquires Rights to 5 GK Films". The Wrap. Retrieved 28 June 2016.
- ↑ Clive Whittingham (10 December 2015). "Revolution Extends Miramax Deal". C21Media. Retrieved 13 June 2016.
- ↑ Anthony D’Alessandro (14 October 2015). "Revolution Studios Snaps Up Ivan Reitman-Tom Pollock's Cold Spring Pictures Library". Deadline.com. Retrieved 13 June 2016.
- ↑ David Lieberman (9 May 2016). "Revolution Studios Makes Investment And Film Licensing Deal With Latin Everywhere". Deadline.com. Retrieved 13 June 2016.
- ↑ Tatiana Siegel (11 February 2016). "Paramount Boards Vin Diesel's 'xXx: The Return of Xander Cage'". The Hollywood Reporter. Retrieved 14 June 2016.