History
Because of the success of Disney's mature film division Touchstone Pictures, yet another Disney-related film label was established as Hollywood Pictures in February 1, 1989. The company's first release was Arachnophobia (1990).
While then-Disney chief Michael Eisner at first intended Hollywood Pictures to be a full-fledged studio, like Touchstone, in recent years its operations have been scaled back and its management has been merged with the flagship Walt Disney Pictures studio. Its most profitable film to date is The Sixth Sense, which grossed over $200 million at the North American box office.
After being dormant since 2001, the brand was re-activated for low-budget genre films, similar to Dimension Films (once a Disney division itself, now part of The Weinstein Company) or Sony Pictures' Screen Gems (part of Columbia Pictures), News Corporation's Fox Atomic (part of Fox Searchlight Pictures) and Relativity Media's Rogue Pictures (distributed by former parent Universal Studios). The first film released by the resurrected Hollywood was the 2006 horror film Stay Alive, then Primeval and The Invisible.
Read more about this topic: Hollywood Pictures
Famous quotes containing the word history:
“What you don’t understand is that it is possible to be an atheist, it is possible not to know if God exists or why He should, and yet to believe that man does not live in a state of nature but in history, and that history as we know it now began with Christ, it was founded by Him on the Gospels.”
—Boris Pasternak (1890–1960)
“America is the only nation in history which miraculously has gone directly from barbarism to degeneration without the usual interval of civilization.”
—Georges Clemenceau (1841–1929)
“A man acquainted with history may, in some respect, be said to have lived from the beginning of the world, and to have been making continual additions to his stock of knowledge in every century.”
—David Hume (1711–1776)