Franchise Pictures
 | |
| Industry | Independent film studio |
|---|---|
| Fate | Bankruptcy |
| Founded | 1998 |
| Defunct | 2007 |
Key people |
Elie Samaha Andrew Stevens |
| Subsidiaries |
Franchise Interactive Phoenician Entertainment[1] |
Franchise Pictures LLC was an independent motion picture production and distribution company with Warner Bros. Entertainment, founded by Elie Samaha and Andrew Stevens. They were known for their production in the action film genre. The company also had a short-lived video game arm, Franchise Interactive.
As of 2009, the Franchise Pictures library, along with that of ThinkFilm, is now owned by Orange Holdings LLC.[2] The Franchise Library is currently distributed worldwide by Revolution Studios through Park Circus.[3]
Filmography
| Release Date | Title | Director | Budget | Gross (worldwide) | RT Approval Rating |
|---|---|---|---|---|---|
| July 6, 1999 | A Murder of Crows | Rowdy Herrington | N/A | N/A | 0% |
| September 10, 1999 | Storm Catcher | Anthony Hickox | N/A | N/A | N/A |
| December 29, 1999 | The Third Miracle | Agnieszka Holland | N/A | $591,142 | 67% |
| January 21, 2000 | The Boondock Saints | Troy Duffy | $6 million | $30,471 | 20% |
| February 11, 2000 | Mercy | Damian Harris | N/A | N/A | 17% |
| February 18, 2000 | The Whole Nine Yards | Jonathan Lynn | $41.3 million | $106,371,651 | 45% |
| April 28, 2000 | The Big Kahuna | John Swanbeck | $7 million | $3,728,888 | 74% |
| May 12, 2000 | Battlefield Earth | Roger Christian | $44 million | $29,725,663 | 3% |
| July 4, 2000 | Jill Rips | Anthony Hickox | N/A | N/A | N/A |
| August 25, 2000 | The Art of War | Christian Duguay | $60 million | $40,400,425 | 16% |
| October 6, 2000 | Get Carter | Stephen Kay | $63.6 million | $19,412,993 | 12% |
| October 13, 2000 | Animal Factory | Steve Buscemi | N/A | $43,805 | 82% |
| January 19, 2001 | The Pledge | Sean Penn | $35 million | $29,419,291 | 78% |
| February 23, 2001 | 3000 Miles to Graceland | Demian Lichtenstein | $62 million | $18,720,175 | 14% |
| March 2, 2001 | The Caveman's Valentine | Kasi Lemmons | $13.5 million | $687,194 | 46% |
| March 11, 2001 | Things You Can Tell Just by Looking at Her | Rodrigo García | N/A | N/A | 74% |
| April 10, 2001 | Agent Red | Damian Lee | N/A | N/A | N/A |
| April 27, 2001 | Driven | Renny Harlin | $72 million | $54,744,738 | 14% |
| May 18, 2001 | Angel Eyes | Luis Mandoki | $53 million | $29,715,606 | 33% |
| June 15, 2001 | Viva Las Nowhere | Jason Bloom | N/A | N/A | N/A |
| November 9, 2001 | Heist | David Mamet | $39 million | $28,510,652 | 65% |
| November 16, 2001 | Auggie Rose | Matthew Tabak | N/A | N/A | 54% |
| May 1, 2002 | Green Dragon | Timothy Linh Bui | N/A | N/A | 61% |
| July 9, 2002 | Zig Zag | David S. Goyer | N/A | $2,418 | 44% |
| August 30, 2002 | FeardotCom | William Malone | $40 million | $18,902,015 | 3% |
| September 3, 2002 | If... Dog... Rabbit... | Matthew Modine | N/A | N/A | N/A |
| September 6, 2002 | City by the Sea | Michael Caton-Jones | $40 million | $29,413,996 | 48% |
| September 20, 2002 | Ballistic: Ecks vs. Sever | Wych Kaosayananda | $70 million | $19,924,033 | 0% |
| November 15, 2002 | Half Past Dead | Don Michael Paul | $13 million | $19,233,280 | 2% |
| January 28, 2003 | The Foreigner | Michael Oblowitz | $16.7 million | N/A | 0% |
| May 20, 2002 | Avenging Angelo | Martyn Burke | $17 million | $824,597 | 13% |
| May 23, 2003 | The In-Laws | Andrew Fleming | $40 million | $26,891,849 | 34% |
| June 20, 2003 | Alex & Emma | Rob Reiner | $30 million | $15,368,897 | 11% |
| October 21, 2003 | Final Examination | Ed Raymond | N/A | N/A | N/A |
| March 12, 2004 | Spartan | David Mamet | $23 million | $8,112,712 | 64% |
| April 9, 2004 | The Whole Ten Yards | Howard Deutch | $40 million | $26,155,741 | 4% |
| July 20, 2004 | Out of Reach | Steven Seagal | $20 million | N/A | N/A |
| September 17, 2004 | Funky Monkey | Harry Basil | $30 million | N/A | N/A |
| January 14, 2005 | Retrograde | Christopher Kulikowski | N/A | N/A | N/A |
| February 15, 2005 | Into the Sun | Christopher Morrison | N/A | $175,563 | N/A |
| September 2, 2005 | A Sound of Thunder | Peter Hyams | $80 million | $11,665,465 | 6% |
| January 13, 2006 | Tristan & Isolde | Kevin Reynolds | N/A | $28,047,963 | 32% |
| May 18, 2007 | The Wendell Baker Story | Andrew & Luke Wilson | $8 million | $153,169 | 40% |
Reception
Franchise Pictures is mostly known for its reputation on several films that received mostly negative reviews. Both Battlefield Earth and Ballistic: Ecks vs. Sever are considered to be two of the worst films of all time. However a few of their films (The Boondock Saints and The Whole Nine Yards for example) have garnered a strong cult following.
Bankruptcy
Following the financial failure of Battlefield Earth and other films independently produced by Franchise Pictures, The Wall Street Journal reported that the United States' Federal Bureau of Investigation was probing "the question of whether some independent motion picture companies have vastly inflated the budget of films in an effort to scam investors".[4] In December 2000 the German-based Intertainment AG filed a lawsuit alleging that Franchise Pictures had fraudulently inflated budgets in films including Battlefield Earth, which Intertainment had helped to finance.[5] Intertainment had agreed to pay 47% of the production costs of several films in exchange for European distribution rights, but ended up paying for between 60% and 90% of the costs instead. The company alleged that Franchise had defrauded it to the tune of over $75 million by systematically submitting "grossly fraudulent and inflated budgets".[6]
The case was heard before a jury in a Los Angeles federal courtroom in May–June 2004. The court heard testimony from Intertainment that according to Franchise's bank records the real cost of Battlefield Earth was only $44 million, not the $75 million declared by Franchise. The remaining $31 million had been fraudulent "padding". Intertainment's head Barry Baeres told the court that he had only funded Battlefield Earth because it was packaged as a slate that included two more commercially attractive films, the Wesley Snipes vehicle The Art of War and the Bruce Willis comedy The Whole Nine Yards. Baeres testified that "Mr. Samaha said, 'If you want the other two pictures, you have to take Battlefield Earth—it's called packaging'". Baeres commented: "We would have been quite happy if he had killed Battlefield Earth".[7]
Intertainment won the case and was awarded $121.7 million in damages, of which Samaha himself was declared by the court to be personally liable for $77 million in damages.[8] However, the jury rejected Intertainment's claims under the Racketeer Influenced and Corrupt Organizations (RICO) statute, which would have trebled the damages if Franchise had been found liable on that charge.[9] Samaha vowed to appeal but the fraud judgment destroyed Franchise's viability; the company and its subsidiaries all filed Chapter 11 bankruptcy petitions on August 19, 2007.[10]
References
- ↑ "Franchise". Hausegenealogy.com. Retrieved 2017-08-21.
- ↑ "WebVoyage Record View 1". Cocatalog.loc.gov. 2016-06-06. Retrieved 2017-08-21.
- ↑ "Films Collections - Film and Movie Libraries". Park Circus. Retrieved 2017-08-21.
- ↑ Staff (2002-06-06). "FBI Probes Big Indie Budgets". StudioBriefing: Internet Movie Database. Archived from the original on 2008-12-16. Retrieved 2008-01-20.
- ↑ Randall, Laura (2000-12-22). "Franchise, Intertainment duel; Countersuits ask $75 million-plus each in film licensing dispute". The Hollywood Reporter.
- ↑ Staff (2001-01-19). "$75M Battlefield Over Film Flops". New York Post.
- ↑ Hiestand, Jesse (2007-05-10). "Baeres: No secret budget deal". The Hollywood Reporter.
- ↑ Shprintz, Janet (2007-06-21). "Attempt to Collect". Variety.
- ↑ Shprintz, Janet (2007-06-17). "Samaha Slammed". Variety.
- ↑ Shprintz, Janet; Dana Harris (August 23, 2007). "Elie's new chapter: Samaha's Franchise files for bankruptcy". Variety. Retrieved 2010-07-01.
External links
- Franchise Pictures on IMDbPro (subscription required)