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Castle Rock Entertainment

From Wikipedia, in a visual modern way
Castle Rock Entertainment
TypeSubsidiary
IndustryFilm
FoundedJune 19, 1987; 35 years ago (1987-06-19)
Founders
Headquarters
Beverly Hills, California[1]
,
U.S.
ProductsMotion pictures
ServicesFilm production
OwnerWarner Bros. Discovery
Parent

Castle Rock Entertainment is an American film and television production company founded in 1987[2] by Martin Shafer, director Rob Reiner, Andrew Scheinman, Glenn Padnick and Alan Horn. It is a label of Warner Bros. Entertainment, itself a subsidiary of Warner Bros. Discovery (WBD).

Discover more about Castle Rock Entertainment related topics

Production company

Production company

A production company, production house, production studio, or a production team is a studio that creates works in the fields of performing arts, new media art, film, television, radio, comics, interactive arts, video games, websites, music, and video. These groups consist of technical staff to produce the media, and are often incorporated as a commercial publisher. Generally the term refers to all individuals responsible for the technical aspects of creating a particular product, regardless of where in the process their expertise is required, or how long they are involved in the project. For example, in a theatrical performance, the production team has not only the running crew, but also the theatrical producer, designers and theatrical direction.

Rob Reiner

Rob Reiner

Robert Norman Reiner is an American actor and filmmaker. As an actor, Reiner first came to national prominence with the role of Michael "Meathead" Stivic on the CBS sitcom All in the Family (1971–1979), a performance that earned him two Primetime Emmy Awards.

Andrew Scheinman

Andrew Scheinman

Andrew Scheinman is an American film and television producer, as well as a film director and screenwriter. Before he got his start in entertainment, he worked as a professional tennis player, as well as earning a JD from the University of Virginia School of Law in 1973. He is one of the heads of Castle Rock Entertainment.

Alan F. Horn

Alan F. Horn

Alan Frederick Horn is an American entertainment industry executive. Horn became President and COO of Warner Bros. from 1999 to 2012. Horn next served as the chairman of Walt Disney Studios from 2012 to 2020. During his tenure at Disney, Horn also served as the chief creative officer from 2019 to 2021. Horn agreed to depart from Disney, effective December 31, 2021.

Warner Bros.

Warner Bros.

Warner Bros. Entertainment Inc. is an American film and entertainment studio headquartered at the Warner Bros. Studios complex in Burbank, California, and a subsidiary of Warner Bros. Discovery. Founded in 1923 by four brothers, Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).

Warner Bros. Discovery

Warner Bros. Discovery

Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed after the spin-off of WarnerMedia by AT&T, and its merger with Discovery, Inc. on April 8, 2022.

History

Origin

Rob Reiner named the company in honor of the fictional Maine town of the same name that serves as the setting of several stories by author Stephen King, which in itself is named after the fictional mountain fort in William Golding's 1954 novel Lord of the Flies.[3][4]

Reiner and Scheinman already had a production company. They were friends with Shafer, who worked with Horn at 20th Century Fox at the time. Horn was disappointed at Fox and agreed to join the trio in forming the company. Horn brought along Padnick, who was an executive at Embassy Television. In Castle Rock, Horn became the CEO, Shafer ran the film division, Padnick ran television, and Reiner and Scheinman became involved in the development of productions.[4]

The company was originally backed by The Coca-Cola Company, then the parent company of Columbia Pictures. Coca-Cola and Castle Rock's founders jointly owned stakes in the company.[5][6] Months after the deal, Coca-Cola exited the entertainment business, and was succeeded by Columbia Pictures Entertainment, Inc.

The then-new company, originally called Castle Rock Productions, is targeted to a minimum of 15 features over a 5-year period at a 3-picture a year pace, with support from then-Columbia Pictures CEO David Puttnam, following the box office success of the film Stand by Me, which was produced by Act III Communications (controlled by Reiner's colleague Norman Lear; the film had been in production at Embassy when Lear sold Embassy to Columbia and Lear subsequently paid for production to continue).[7]

Shortly after formation, Castle Rock appointed Nelson Entertainment, the company that owned the domestic home video rights to Reiner's This Is Spinal Tap, The Sure Thing, and The Princess Bride, to join a five-year, eighteen-picture joint venture; this was in addition to a pre-existing pact between Nelson and Columbia for a 3-year, 12-feature deal, in which Columbia would serve as the co-financing entity; Castle Rock would produce fourteen films, while Nelson produced four films themselves.[8]

Under the deal, Nelson also distributed the films on video in North American markets, and handled international theatrical distribution, while Columbia, which Nelson forged a distribution deal with, would receive domestic theatrical distribution rights. Some of Nelson's holdings were later acquired by New Line Cinema, which took over Nelson's duty. Columbia, shortly after the company's formation, thereafter had to re-invest with a substantial change in terms when accumulated losses exhausted its initial funding.

Reiner has stated that Castle Rock's purpose was to allow creative freedom to individuals; a haven away from the pressures of studio executives. Castle Rock was to make films of the highest quality, whether they made or lost money.[4] In 1989, Castle Rock was supported by another backer, Group W, a subsidiary of Westinghouse.[9]

Castle Rock has also produced several television series, most notably the sitcom Seinfeld.[10]

Turner purchase and WarnerMedia ownership

In August 1993, Turner Broadcasting System agreed to acquire Castle Rock, along with co-financing partner (and eventual Castle Rock corporate sibling) New Line Cinema. The sale was completed on December 22, 1993.[11][12] The motivation behind the purchase was to allow a stronger company to handle the overhead.[4]

By 1994, Castle Rock launched a foreign sales operation, Castle Rock International, and planned to produce 12 to 15 films annually.[13] Castle Rock also had aspirations to distribute its own films once its deal with Columbia expired in 1998.[13][14] It was long rumored that Castle Rock's film projects could go to New Line when the deal expired.[15]

Turner Broadcasting merged with Time Warner in 1996. After a failed attempt to divest the company, Time Warner integrated Castle Rock Entertainment into Warner Bros., and cut its production slate to five films per year.[14] On June 27, 1997, Castle Rock's staff was reduced to 60 employees and Castle Rock International was folded into Warner Bros.[16]

In January 1998, Warner Bros. and PolyGram Filmed Entertainment formed a deal to co-finance and co-distribute Castle Rock films; that deal was taken over by Universal Pictures after the studio's parent company Seagram merged with PolyGram later that year. The Warner Bros./Universal deal expired in 2000.[17] On June 19, 2000, after the expiration of the Universal deal, Spanish player Telefónica Media took over its take in the Castle Rock production company. Castle Rock also set up projects with Village Roadshow Pictures and Bel-Air Entertainment, two of Warner Bros.' key production affiliates.[18]

On July 20, 1998, Castle Rock Television took over production of The WB's midseason show Movie Stars, which was set to be in development at Studios USA.[19] In 2001, Castle Rock Television had set up Mission Hill writers Bill Oakley and Josh Weinstein with an overall deal, producing several projects, like an unsold family concept pitch at ABC.[20]

In April 2002, Warner Bros. reduced Castle Rock's budget following a string of box office bombs. Castle Rock fired 16 of its 46 employees, and Castle Rock's physical production and public relations departments, back-office duties, and remaining employees were absorbed into Warner Bros.[21]

Relaunch

In May 2020, Rob and Michelle Reiner signed a deal with Warner Bros. Television Studios, and on October 1 of that year, it relaunched the company.[22] On October 19, 2021, the feature division company was revived with a $175 million film fund under which the studio will develop, produce and finance new movies for global audiences. Reiner will continue as Castle Rock CEO, with Michele Reiner and Matthew George serving as co-presidents. Castle Rock will produce films in a first-look deal with Warner Bros. on theatrical content, which has long been its home, in addition to their existing deal with Castle Rock television productions.[23] In April 2022, Jonathan Fuhrman joined Castle Rock Entertainment as EVP and Head of Business Affairs. He will report to Rob and Michelle Reiner and Matthew George.[24]

Following an addition $170 million investment from Derrick Rossi, Reiner announced his intention to relaunch Castle Rock through two films, one a sequel to his This is Spinal Tap mockumentary, and the other Albert Brooks: Defending My Life documentary, shopping both films at the 2022 Cannes festival.[25]

Discover more about History related topics

Rob Reiner

Rob Reiner

Robert Norman Reiner is an American actor and filmmaker. As an actor, Reiner first came to national prominence with the role of Michael "Meathead" Stivic on the CBS sitcom All in the Family (1971–1979), a performance that earned him two Primetime Emmy Awards.

Castle Rock (Stephen King)

Castle Rock (Stephen King)

Castle Rock is a fictional town appearing in Stephen King's fictional Maine topography, providing the setting for a number of his novels, novellas, and short stories. Castle Rock first appeared in King's 1979 novel The Dead Zone and has since been referred to or used as the primary setting in many other works by King.

Stephen King

Stephen King

Stephen Edwin King is an American author of horror, supernatural fiction, suspense, crime, science-fiction, and fantasy novels. Described as the "King of Horror", a play on his surname and a reference to his high standing in pop culture, his books have sold more than 350 million copies, and many have been adapted into films, television series, miniseries, and comic books. King has published 64 novels, including seven under the pen name Richard Bachman, and five non-fiction books. He has also written approximately 200 short stories, most of which have been published in book collections.

Lord of the Flies

Lord of the Flies

Lord of the Flies is a 1954 novel by the Nobel Prize-winning British author William Golding. The plot concerns a group of British boys who are stranded on an uninhabited island and their disastrous attempts to govern themselves. Themes include the tension between groupthink and individuality, between rational and emotional reactions, and between morality and immorality.

Columbia Pictures

Columbia Pictures

Columbia Pictures Industries, Inc. is an American film production studio that is a member of the Sony Pictures Motion Picture Group, a division of Sony Pictures Entertainment, which is one of the Big Five studios and a subsidiary of the multinational conglomerate Sony.

Sony Pictures

Sony Pictures

Sony Pictures Entertainment Inc. is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment through multiple platforms.

David Puttnam

David Puttnam

David Terence Puttnam, Baron Puttnam, CBE, HonFRSA, HonFRPS, MRIA is a British film producer, educator, environmentalist and former member of the House of Lords. His productions include Chariots of Fire, which won the Academy Award for Best Picture, The Mission, The Killing Fields, Local Hero, Midnight Express and Memphis Belle. In 1982, he received the BAFTA for Outstanding British Contribution to Cinema, and in 2006 he was awarded the BAFTA Fellowship for lifetime achievement from the British Academy of Film and Television Arts.

Stand by Me (film)

Stand by Me (film)

Stand by Me is a 1986 American independent coming-of-age drama film directed by Rob Reiner. It is based on Stephen King's 1982 novella The Body, with the title deriving from the song of the same name by Ben E. King. The film is set in Castle Rock, Oregon in 1959 and stars Wil Wheaton, River Phoenix, Corey Feldman, and Jerry O'Connell as four boys who go on a hike to find the dead body of a missing boy.

Act III Communications

Act III Communications

Act III Communications is an American media and entertainment company owned by producer and screenwriter Norman Lear. It was started in 1985 following Lear's sale of Embassy Communications to The Coca-Cola Company. In a Wall Street Journal interview in 1988, Lear explained the name by noting that in a Shakespeare play, there are always more than three acts and that he expects there to be an Act IV and V. Act III is Lear's business vehicle and is unconnected to his other activities as a political activist and philanthropist.

Norman Lear

Norman Lear

Norman Milton Lear is an American producer and screenwriter, who has produced, written, created, or developed over 100 shows. Lear is known for many popular 1970s sitcoms, including the multi-award winning All in the Family as well as Maude, Sanford and Son, One Day at a Time, The Jeffersons, and Good Times.

Nelson Entertainment

Nelson Entertainment

Nelson Entertainment was a Los Angeles-based film production and home video distribution company, a subsidiary of Nelson Holdings International Ltd., a Vancouver, Canada, holding company formed in 1985 by British film producer Barry Spikings and Richard Northcott, a British financier who amassed his fortune from a chain of hardware and furniture stores.

New Line Cinema

New Line Cinema

New Line Cinema is an American film production studio owned by Warner Bros. Discovery (WBD) and is a film label of Warner Bros.

Ownership of the Castle Rock library

Warner Bros. owns the copyrights and overall rights to most of the pre-2010 Castle Rock films and television shows, with a few notable exceptions. Metro-Goldwyn-Mayer (MGM) owns the worldwide home video rights (under license to Warner Bros. Home Entertainment since July 1, 2020) to most of the pre-1994 films by virtue of the purchase of the pre-1996 PolyGram Filmed Entertainment/Epic Productions library via Orion Pictures (which had included, in part, the Nelson Entertainment holdings) in 1999.[26][27][28][29] Sony Pictures owns the distribution rights to A Few Good Men, In the Line of Fire, and North, whereas their television division owns the distribution rights to Seinfeld.

Discover more about Ownership of the Castle Rock library related topics

Warner Bros.

Warner Bros.

Warner Bros. Entertainment Inc. is an American film and entertainment studio headquartered at the Warner Bros. Studios complex in Burbank, California, and a subsidiary of Warner Bros. Discovery. Founded in 1923 by four brothers, Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).

Metro-Goldwyn-Mayer

Metro-Goldwyn-Mayer

Metro-Goldwyn-Mayer Studios, Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by Amazon through MGM Holdings, founded on April 17, 1924, and based in Beverly Hills, California.

PolyGram Filmed Entertainment

PolyGram Filmed Entertainment

PolyGram Filmed Entertainment was a British and American film studio founded in 1975 as an American film studio, which became a European competitor to Hollywood within decades, but was eventually sold to Seagram Company Ltd. in 1998 and was folded in 2000. Among its most successful and well known films were The Deep (1977), Midnight Express (1978), An American Werewolf in London (1981), Flashdance (1983), Four Weddings and a Funeral (1994), Dead Man Walking (1995), The Big Lebowski (1998), Fargo (1996), The Usual Suspects (1995), The Game (1997) and Notting Hill (1999).

Trans World Entertainment (film company)

Trans World Entertainment (film company)

Trans World Entertainment was an American independent production and distribution company which produced a low-to-medium budget films mostly targeted for home-video market. In the early 1990s, the company became embroiled in the Credit Lyonnais banking scandal in Hollywood and was foreclosed on by the bank and subsequently folded into Metro-Goldwyn-Mayer (MGM) for sale.

Orion Pictures

Orion Pictures

Orion Pictures is an American film production and distribution company owned by Amazon through its Metro-Goldwyn-Mayer (MGM) subsidiary. In its original operating period, the company produced and released films from 1978 until 1999 and was also involved in television production and syndication throughout the 1980s until the early 1990s. It was formed in 1978 as a joint venture between Warner Bros. and three former senior executives at United Artists. From its founding until its buyout by MGM in the late 1990s, Orion was considered one of the largest mini-major studios.

Nelson Entertainment

Nelson Entertainment

Nelson Entertainment was a Los Angeles-based film production and home video distribution company, a subsidiary of Nelson Holdings International Ltd., a Vancouver, Canada, holding company formed in 1985 by British film producer Barry Spikings and Richard Northcott, a British financier who amassed his fortune from a chain of hardware and furniture stores.

Sony Pictures

Sony Pictures

Sony Pictures Entertainment Inc. is an American diversified multinational mass media and entertainment studio conglomerate that produces, acquires, and distributes filmed entertainment through multiple platforms.

A Few Good Men

A Few Good Men

A Few Good Men is a 1992 American legal drama film based on Aaron Sorkin's 1989 play. It was written by Sorkin, directed by Rob Reiner, and produced by Reiner, David Brown and Andrew Scheinman. It stars an ensemble cast including Tom Cruise, Jack Nicholson, Demi Moore, Kevin Bacon, Kevin Pollak, J. T. Walsh, Cuba Gooding Jr., and Kiefer Sutherland. The plot follows the court-martial of two U.S. Marines charged with the murder of a fellow Marine and the tribulations of their lawyers as they prepare a case.

In the Line of Fire

In the Line of Fire

In the Line of Fire is a 1993 American political action thriller film directed by Wolfgang Petersen and starring Clint Eastwood, John Malkovich and Rene Russo. Written by Jeff Maguire, the film is about a disillusioned and obsessed former CIA agent who attempts to assassinate the President of the United States and the Secret Service agent who tracks him. Eastwood's character is the sole active-duty Secret Service agent who is still remaining from the detail that had guarded John F. Kennedy in Dallas, Texas, at the time of his assassination in 1963. The film also stars Dylan McDermott, Gary Cole, John Mahoney, and Fred Dalton Thompson.

North (1994 film)

North (1994 film)

North is a 1994 American comedy-drama adventure film directed by Rob Reiner. The story is based on the 1984 novel North: The Tale of a 9-Year-Old Boy Who Becomes a Free Agent and Travels the World in Search of the Perfect Parents by Alan Zweibel, who wrote the screenplay and has a minor role in the film. The cast includes Elijah Wood in the title role, with Jon Lovitz, Jason Alexander, Alan Arkin, Dan Aykroyd, Kathy Bates, Faith Ford, Graham Greene, Julia Louis-Dreyfus, Reba McEntire, John Ritter, and Abe Vigoda. Bruce Willis narrates and plays several different roles throughout the film, and a 9-year-old Scarlett Johansson appears briefly in her film debut. This was the final theatrical film for Alexander Godunov before his death the following year. The film was shot in Hawaii, Alaska, California, South Dakota, New Jersey, and New York. It was a box office bomb, grossing just $12 million against its $40 million budget, and received largely negative reviews from critics, many of whom called it one of the worst films ever made.

Sony Pictures Television

Sony Pictures Television

Sony Pictures Television Inc. is an American television production and distribution studio. Based at the Sony Pictures Studios complex in Culver City, it is a division of Sony Entertainment's unit Sony Pictures Entertainment and a subsidiary of the Japanese conglomerate Sony Group Corporation.

Seinfeld

Seinfeld

Seinfeld is an American television sitcom created by Larry David and Jerry Seinfeld. It aired on NBC from July 5, 1989, to May 14, 1998, over nine seasons and 180 episodes. It stars Seinfeld as a fictionalized version of himself and focuses on his personal life with three of his friends: best friend George Costanza, former girlfriend Elaine Benes and his neighbor from across the hall, Cosmo Kramer. It is set mostly in an apartment building in Manhattan's Upper West Side in New York City. It has been described as "a show about nothing", often focusing on the minutiae of daily life. Interspersed in earlier episodes are moments of stand-up comedy from the fictional Jerry Seinfeld, frequently using the episode's events for material.

Filmography

Main article: List of Castle Rock Entertainment films

Source: "Castle Rock Entertainment", Wikipedia, Wikimedia Foundation, (2023, March 2nd), https://en.wikipedia.org/wiki/Castle_Rock_Entertainment.

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Further Reading

Warner Bros.

Turner Broadcasting System

PolyGram Filmed Entertainment

Sony Pictures

Embassy Pictures

Columbia Pictures Television

Interscope Communications

New Line Home Entertainment

Warner Bros. Pictures
Citations
  1. ^ Bloomberg LLC company profile for Castle Rock Entertainment (Retrieved on 29 August 2020 from Bloomberg LLC company profile website)
  2. ^ Fabrikant, Geraldine (7 August 1993). "COMPANY NEWS; Turner Move To Purchase Movie Studio". The New York Times. Retrieved 2 March 2019.
  3. ^ George W. Beahm (1992). The Stephen King story. Internet Archive. Andrews & McMeel. ISBN 978-0-8362-8004-3.
  4. ^ a b c d Herman, Karen (November 29, 2004). "Interview with Rob Reiner". Archive of American Television. Academy of Television Arts & Sciences. Retrieved 2 March 2019.
  5. ^ Turner, Melissa (14 October 1987). "Coca-Cola division invests in film production company". The Atlanta Journal and The Atlanta Constitution. p. 20 – via newsbank.com.
  6. ^ "Coke Invests In a Film Deal". The New York Times. 13 October 1987. p. 10.
  7. ^ "Castle Rock Prods. Formed To Release Films Through Col". Variety. 1987-08-19. pp. 4, 22.
  8. ^ "Castle Rock Entertainment Ready For Launch With $270-Mil Purse". Variety. 1987-11-04. p. 25.
  9. ^ "GROUP W TO INVEST IN CASTLE ROCK ENTERTAINMENT". Daily News of Los Angeles. MediaStream Inc. Knight-Ridder Inc. November 14, 1989 – via newsbank.com.
  10. ^ Sterngold, James (1998-01-27). "'Seinfeld' Producers Wonder, Now What?". The New York Times. ISSN 0362-4331. Retrieved 2021-10-19.
  11. ^ "Turner Broadcasting Company Report". Securities and Exchange Commission. Washington, D.C. Retrieved 2 March 2019.
  12. ^ "Done deal: Turner Broadcasting System Inc. said it closed..." Chicago Tribune. December 25, 1993. Retrieved 2 March 2019.
  13. ^ a b Cox, Dan (February 4, 1994). "Castle Rock gets intl". Variety.
  14. ^ a b Cox, Dan (December 7, 1997). "Castle Rock near split-rights deal". Variety.
  15. ^ Cox, Dan (1995-10-02). "STUDIO ON STEROIDS". Variety. Retrieved 2022-01-09.
  16. ^ Cox, Dan (June 9, 1997). "Time Warner takes toll: Castle Rock staff halved". Variety.
  17. ^ Harris, Dana (June 19, 2000). "Telco at Castle door". Variety.
  18. ^ Harris, Dana (2000-06-19). "Telco at Castle door". Variety. Retrieved 2022-01-09.
  19. ^ Hontz, Jenny (1998-07-20). "WB sitcom 'Stars' shifts to Castle Rock". Variety. Retrieved 2022-01-09.
  20. ^ Adalian, Josef; Schneider, Michael (2001-11-02). "Family foibles for ABC". Variety. Retrieved 2022-01-09.
  21. ^ Harris, Dana (April 30, 2002). "Castle Rock cuts 16 as WB clamps down on coin". Variety.
  22. ^ Andreeva, Nellie (2020-10-01). "Rob & Michele Reiner Relaunch Castle Rock Banner With Overall Deal At Warner Bros TV". Deadline. Retrieved 2020-10-02.
  23. ^ D'Alessandro, Anthony (2021-10-19). "Castle Rock Entertainment Relaunches With $175M Film Fund". Deadline. Retrieved 2021-11-07.
  24. ^ Wiseman, Andreas (2022-04-25). "Jonathan Fuhrman Joins Rob Reiner's Castle Rock Entertainment". Deadline. Retrieved 2022-05-07.
  25. ^ "Rob Reiner on Re-Launching Castle Rock with 'Spinal Tap' Sequel and Shooting Documentary on Pal Albert Brooks: Cannes". 18 May 2022.
  26. ^ Eller, Claudia (October 23, 1998). "MGM Agrees to Acquire PolyGram Movie Library". Los Angeles Times.
  27. ^ Frankel, Daniel (October 22, 1998). "MGM Acquires Lion's Share of PolyGram". E! News. EOnline. NBCUniversal. Retrieved 29 March 2015.
  28. ^ Bloomberg News (October 23, 1998). "COMPANY NEWS; MGM SAYS IT WILL BUY POLYGRAM'S MOVIE LIBRARY". The New York Times. p. 3.
  29. ^ "Warner Bros., PolyGram Near Financing Deal". Los Angeles Times. December 6, 1997. Retrieved 2 March 2019.
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