Revolution Studios

Revolution Studios
Subsidiary
Industry Film
Television
Founded 2000 (2000) (as film studio)
March 30, 2001 (2001-03-30) (as television studio)
Founder Joe Roth
Headquarters USA
Key people
Vince Totino (CEO)
Scott Hemming (President and COO)
Products Motion pictures
Television series
Parent Content Partners LLC[1]
Website Official Website

Revolution Studios is an American motion picture and television studio headed by Chief Executive Officer Vince Totino and Chief Operating Officer Scott Hemming.[2]

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).[3] 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,[4] as well as a sitcom adaptation of Anger Management, which ran from 2012 to 2014 on FX.[5]

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.[6]

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.[7]

In October 2015, Revolution acquired Cross Creek Pictures' 50% interests in feature films Black Swan and The Ides of March.[8] 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.[9] This deal does not 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.[10] In January 2017, the studio returned to film production with their release xXx: Return of Xander Cage, the company's first film since 2007's The Water Horse: Legend of the Deep.

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.[11]

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.[12]

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”).[13]

In January 2017, Content Partners LLC and its affiliate CP Enterprises have acquired Revolution Studios from investment funds managed by affiliates of Fortress Investment Group for an undisclosed price.[14]

Films

Here is a list of films independently produced by Revolution:

Release Date Title Notes Budget Gross (worldwide)
March 30, 2001Tomcatsco-production with Eagle Cove Entertainment$11 million$23,430,766
June 1, 2001The Animalco-production with Happy Madison Productions$47 million$84,772,742
July 20, 2001America's Sweetheartsco-production with Face Productions, Roth-Arnold Productions and Shoelace Productions$46 million$138,191,428
November 2, 2001The Oneco-production with Hard Eight Pictures$49 million$72,689,126
December 28, 2001Black Hawk Downco-production with Jerry Bruckheimer Films and Scott Free Productions$92 million$172,989,651
May 10, 2002The New Guy$13 million$31,167,388
August 2, 2002The Master of Disguiseco-production with Happy Madison Productions$16 million$43,411,001
August 9, 2002xXxco-production with Original Film$70 million$277,448,382
September 13, 2002Stealing Harvardco-production with Imagine Entertainment$25 million$14,277,032
November 1, 2002Punch-Drunk Loveco-production with New Line Cinema$25 million$24,665,649
December 13, 2002Maid in Manhattanco-production with Red OM Films$55 million$154,906,693
January 24, 2003Darkness Fallsco-production with Distant Corners$11 million$47,488,536
March 7, 2003Tears of the Sunco-production with Cheyenne Enterprises$75 million$86,468,162
April 11, 2003Anger Managementco-production with Happy Madison Productions$75 million$195,745,823
May 9, 2003Daddy Day Careco-production with Davis Entertainment$69 million$164,433,867
June 13, 2003Hollywood Homicide$75 million$51,142,659
August 1, 2003Giglico-production with City Light Films and Casey Silver Productions$54 million$7,266,209
October 24, 2003Radioco-production with Tollin/Robbins Productions$35 million$53,293,628
November 26, 2003The Missingco-production with Imagine Entertainment$60 million$38,364,277
December 19, 2003Mona Lisa Smileco-production with Red OM Films$65 million$141,337,989
December 25, 2003Peter Panco-production with Universal Pictures (USA/ Canada/Australia), Columbia Pictures (International), Red Wagon Entertainment and Allied Stars Ltd.$100 million$121,975,011
April 2, 2004Hellboyco-production with Lawrence Gordon Productions and Dark Horse Entertainment$66 million$99,318,987
April 23, 200413 Going on 30$37 million$96,455,697
June 23, 2004White Chicksco-production with Wayans Bros. Entertainment$37 million$113,086,475
August 6, 2004Little Black Book$35 million$22,034,832
September 24, 2004The Forgottenco-production with The Jinks Cohen Company$42 million$117,592,831
November 24, 2004Christmas with the Kranksco-production with 1492 Pictures, Team Todd Films and Boxing Cat Films$60 million$96,572,480
January 21, 2005Are We There Yet?co-production with Cube Vision$32 million$97,918,663
January 28, 2005An Unfinished Lifeco-production Miramax Films and The Ladd Company$30 million$18,618,284
February 25, 2005Man of the House$40 million$21,577,624
April 29, 2005xXx: State of the Unionco-production with Original Film$87 million$71,022,693
October 14, 2005The Fog$18 million$46,201,432
October 21, 2005The Prize Winner of Defiance, Ohioco-production with DreamWorks and ImageMovers$12 million$689,028
November 23, 2005Rentco-production with 1492 Pictures and Tribeca Productions40 million$31,670,620
February 17, 2006Freedomlandco-production with Scott Rudin Productions$30 million$14,655,628
April 7, 2006The Benchwarmersco-production with Happy Madison Productions$33 million$64,957,291
June 23, 2006Clickco-production with Columbia Pictures, Happy Madison Productions and Original Film$82.5 million$237,681,299
July 14, 2006Little Manco-production with Wayans Bros. Entertainment$64 million$101,595,121
August 11, 2006Zoomco-production with Team Todd Films and Boxing Cat Films$35 million$12,506,188
December 20, 2006Rocky Balboaco-production with Metro-Goldwyn-Mayer and Columbia Pictures$24 million$155,721,132
April 6, 2007Are We Done Yet?co-production with RKO Pictures and Cube Vision$28 million$58,388,068
April 13, 2007Perfect Stranger$60 million$73,090,611
April 27, 2007Nextco-production with Saturn Films, Virtual Studios and Initial Entertainment Group, distributed by Paramount Pictures$70 million$76,066,841
August 8, 2007Daddy Day Campco-production with TriStar Pictures, Davis Entertainment and Blue Star Entertainment$6 million$18,197,398
September 7, 2007The Brothers Solomonco-production with TriStar Pictures and Carsey-Werner Productions$10 million$1,035,056
October 12, 2007Across the Universeco-production with Team Todd$45 million$29,367,143
December 25, 2007The Water Horse: Legend of the Deepco-production with Walden Media, Beacon Pictures and Ecosse Pictures$40 million$103,071,443
January 20, 2017xXx: Return of Xander Cage[15]co-production with Paramount Pictures, One Race Films and Roth Kirschenbaum Films$85 million$338,678,346

Television

See also

References

  1. http://deadline.com/2017/01/revolution-studios-to-content-partners-in-deal-valued-near-400-million-1201878208/
  2. Alexandra Cheney, Dave McNary (26 June 2014). "Joe Roth Sells Revolution Studios for $250 Million". Variety. Retrieved 13 June 2016.
  3. Staff (3 August 2006). "Universal Picks up Hellboy 2: the Golden Army!". SuperHeroHype. Retrieved 13 June 2016.
  4. 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.
  5. John Sellers (18 July 2011). "Charlie Sheen Preps Sitcom Based on "Anger Management"". The Wrap. Retrieved 13 June 2016.
  6. Alexandra Cheney, Dave McNary (26 June 2014). "Joe Roth Sells Revolution Studios for $250 Million". Variety. Retrieved 13 June 2016.
  7. Marc Graser (7 October 2014). "Revolution Studios Buys International Rights to Morgan Creek's Library for $36.8 Million". Variety. Retrieved 13 June 2016.
  8. 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.
  9. Dave McNary (1 October 2015). "Revolution Teaming with Universal on Non-Feature Spinoffs, Sequels". Variety. Retrieved 13 June 2016.
  10. Tim Molloy (21 June 2016). "Revolution Studios Acquires Rights to 5 GK Films". The Wrap. Retrieved 28 June 2016.
  11. Clive Whittingham (10 December 2015). "Revolution Extends Miramax Deal". C21Media. Retrieved 13 June 2016.
  12. 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.
  13. David Lieberman (9 May 2016). "Revolution Studios Makes Investment And Film Licensing Deal With Latin Everywhere". Deadline.com. Retrieved 13 June 2016.
  14. Dave McNary (5 January 2017). "Revolution Studios Sells to Content Partners". Variety.com. Retrieved 5 January 2017.
  15. Tatiana Siegel (11 February 2016). "Paramount Boards Vin Diesel's 'xXx: The Return of Xander Cage'". The Hollywood Reporter. Retrieved 14 June 2016.
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