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New World Pictures
New World Pictures (also known as New World Entertainment, New World Communications Group, Inc., and New World International) was an American independent production, distribution, and (in its final years as an autonomous entity) multimedia company. It was founded in 1970 by Roger Corman and Gene Corman as New World Pictures, Ltd., a producer and distributor of motion pictures, eventually expanding into television production in 1984. New World eventually expanded into broadcasting with the acquisition of seven television stations in 1993, with the broadcasting unit expanding through additional purchases made during 1994.
20th Century Fox (then solely owned by News Corporation), controlled by Rupert Murdoch, became a major investor in 1994 and purchased the company outright in 1997; the alliance with Murdoch, specifically through a group affiliation agreement with New World reached between the two companies in May 1994, helped to cement the Fox network as the fourth major U.S. television network.
Although effectively defunct, it continues to exist as holding companies within the Fox Corporation corporate structure along with various regional subsidiaries (e.g., "New World Communications of Tampa").
New World Pictures' co-founder Gene Corman died at his home in Beverly Hills, California, on September 28, 2020, at the age of 93. Roger Corman later died at his home in Santa Monica, California, on May 9, 2024, at the age of 98.
Founded on July 8, 1970, New World Pictures, Ltd. was co-founded by B-movie director Roger Corman and his brother Gene, following their departure from American International Pictures (AIP). As the last remaining national low-budget film distributor at the time, New World quickly became one of the most successful independent companies in the nation. [citation needed] Corman hoped to continue AIP's formula at New World, making low-budget films by new talent and distributing them internationally. However, it started with only ten domestic offices, and one each in Canada and the United Kingdom; its films were distributed regionally by other companies.
New World initially made exploitation films such as The Student Nurses and other small-scale productions. Corman helped launch the filmmaking careers of Jonathan Demme (Caged Heat, Crazy Mama), Jonathan Kaplan (White Line Fever), Ron Howard (Grand Theft Auto), Paul Bartel (Death Race 2000) and Joe Dante (Piranha), all of whom made some of their early films as interns for the company. New World also released foreign films from acclaimed directors such as Ingmar Bergman (Cries and Whispers, Autumn Sonata), Federico Fellini (Amarcord) and Akira Kurosawa (Dersu Uzala). Corman conceived the distribution of such films to disassociate New World from being an exhibitor of exploitation films. New World would also acquire and re-edit foreign films for American audiences, such as 1973's Nihon Chinbotsu, released in 1975 as Tidal Wave during the height of the disaster film era.
In 1983, Corman sold New World to Larry Kupin, Harry E. Sloan and Larry A. Thompson for $16.5 million; the three new owners decided to take the company public. Corman retained the film library, while New World acquired home video rights to the releases. In 1984, Robert Rehme – who formerly served as CEO of Avco Embassy Pictures and Universal Pictures and had previously worked for New World as its VP of sales in the 1970s – returned to the company as its new CEO. Later that year, Thompson left the company to form his firm. On February 21, 1984, New World Pictures added 3 new pictures to produce a minimum of 14 releases per year, and had plans to start their regional network.
In 1984, the company created three new divisions: New World International, which would handle distribution of New World's productions outside the United States; New World Television, a production unit focusing on television programs (the first television programs produced by the unit were the soap opera Santa Barbara and the made-for-TV movie Playing With Fire); and New World Video, which would handle home video distribution of films produced mainly by New World Pictures. It would eventually see the success of its video division in its first few months of operation.
New World Pictures
New World Pictures (also known as New World Entertainment, New World Communications Group, Inc., and New World International) was an American independent production, distribution, and (in its final years as an autonomous entity) multimedia company. It was founded in 1970 by Roger Corman and Gene Corman as New World Pictures, Ltd., a producer and distributor of motion pictures, eventually expanding into television production in 1984. New World eventually expanded into broadcasting with the acquisition of seven television stations in 1993, with the broadcasting unit expanding through additional purchases made during 1994.
20th Century Fox (then solely owned by News Corporation), controlled by Rupert Murdoch, became a major investor in 1994 and purchased the company outright in 1997; the alliance with Murdoch, specifically through a group affiliation agreement with New World reached between the two companies in May 1994, helped to cement the Fox network as the fourth major U.S. television network.
Although effectively defunct, it continues to exist as holding companies within the Fox Corporation corporate structure along with various regional subsidiaries (e.g., "New World Communications of Tampa").
New World Pictures' co-founder Gene Corman died at his home in Beverly Hills, California, on September 28, 2020, at the age of 93. Roger Corman later died at his home in Santa Monica, California, on May 9, 2024, at the age of 98.
Founded on July 8, 1970, New World Pictures, Ltd. was co-founded by B-movie director Roger Corman and his brother Gene, following their departure from American International Pictures (AIP). As the last remaining national low-budget film distributor at the time, New World quickly became one of the most successful independent companies in the nation. [citation needed] Corman hoped to continue AIP's formula at New World, making low-budget films by new talent and distributing them internationally. However, it started with only ten domestic offices, and one each in Canada and the United Kingdom; its films were distributed regionally by other companies.
New World initially made exploitation films such as The Student Nurses and other small-scale productions. Corman helped launch the filmmaking careers of Jonathan Demme (Caged Heat, Crazy Mama), Jonathan Kaplan (White Line Fever), Ron Howard (Grand Theft Auto), Paul Bartel (Death Race 2000) and Joe Dante (Piranha), all of whom made some of their early films as interns for the company. New World also released foreign films from acclaimed directors such as Ingmar Bergman (Cries and Whispers, Autumn Sonata), Federico Fellini (Amarcord) and Akira Kurosawa (Dersu Uzala). Corman conceived the distribution of such films to disassociate New World from being an exhibitor of exploitation films. New World would also acquire and re-edit foreign films for American audiences, such as 1973's Nihon Chinbotsu, released in 1975 as Tidal Wave during the height of the disaster film era.
In 1983, Corman sold New World to Larry Kupin, Harry E. Sloan and Larry A. Thompson for $16.5 million; the three new owners decided to take the company public. Corman retained the film library, while New World acquired home video rights to the releases. In 1984, Robert Rehme – who formerly served as CEO of Avco Embassy Pictures and Universal Pictures and had previously worked for New World as its VP of sales in the 1970s – returned to the company as its new CEO. Later that year, Thompson left the company to form his firm. On February 21, 1984, New World Pictures added 3 new pictures to produce a minimum of 14 releases per year, and had plans to start their regional network.
In 1984, the company created three new divisions: New World International, which would handle distribution of New World's productions outside the United States; New World Television, a production unit focusing on television programs (the first television programs produced by the unit were the soap opera Santa Barbara and the made-for-TV movie Playing With Fire); and New World Video, which would handle home video distribution of films produced mainly by New World Pictures. It would eventually see the success of its video division in its first few months of operation.