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CBS Films

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CBS Films

CBS Films
Type Division of CBS Corporation[1]
Industry Motion pictures
Predecessors CBS Theatrical Films
Founded March 2007[2]
Founders Leslie Moonves[1]
Headquarters Brentwood, Los Angeles[1], United States
Key people Terry Press, president
Products films
Employees 41 (2009)[3]
Parent CBS Corporation
Website .comcbsfilms

CBS Films is an American film production and distribution company founded in 2007 as a division of CBS Corporation[3] and is considered a mini-major studio.[4]

CBS Films will distribute, develop and produce four to six $50 million budget movies a year.[2]

Background

CBS made a brief move into film production in 1967, creating Cinema Center Films[5] and closed in 1972 as an unprofitable unit.[6] In 1979 CBS launched a new theatrical films division, which was officially named CBS Theatrical Films the following year.[7] While this was in operation, CBS entered into a joint venture with Columbia Pictures and HBO called Tri-Star Pictures.[8] CBS eventually dropped out of the venture in 1985,[9] and CBS Theatrical Films came to an end that same year.[10] In 2000, CBS was bought by Viacom, which also owned Paramount Pictures.

Company history

In March 2007, following the 2006 split from Viacom and Paramount, CBS Corp. launched CBS Films with the hiring of Bruce Tobey as head of business affairs, legal, finance and video distribution. Amy Baer was hired in September 2007 as president and CEO for CBS Films.[2] With CBS owning a cable movie channel, this division was created to make content for the channel.[3] On November 17, 2009, CBS signed with Sony Pictures for a three-year deal for international distribution.[11][12]

The studio's launch seemed to well timed to its executives with the closure or restructuring of many film studios including the formerly prominent Metro-Goldwyn-Mayer, Miramax Films and Warner Independent Pictures. Also that CBS will be able to well market its films with all its parent corporation's advertising channels from broadcast to billboards.[1]

The studio released its first film, Extraordinary Measures, on January 22, 2010[1] and flopped. CBS Films released its second film, a romantic comedy The Back-up Plan, in April 2010 with so-so results. Opening over the five-day Thanksgiving weekend, Faster, its third film and the Dwayne Johnson action flick, was weak at the box office with a $12 million start.[13] In August, the company purchased distribution rights for the first time for the remake movie, The Mechanic.[14] CBS moved to replace Bruce Tobey, chief operations officer, with Wolfgang Hammer in November 2010.[13]

After releasing five films and only one gross over $30 million, CBS Films's revenue are lower than expected. Effectively after its March 2011 release, CBS halts its film slate and moves to acquire films at film festivals. Baer also is released after the ended of her contract in October with a trio of senior executives left to head up the division.[15]

On April 23, 2012, CBS Films named Hammer and Terry Press Co-Presidents. Press, who had been consulting for the studio since 2010, oversees creative, distribution, marketing and physical production. Hammer will oversees all business, finance, legal affairs and acquisitions, including financed, co-financed and completed projects for the division.[16] Hammer moved CBS Films into becoming a major film acquisition mover thus allowing internal projects to development more. CBS's highest profile purchase was $4 million for Inside Llewyn Davis which won Cannes' Grand Prix and nominations for two Academy and 3 Golden Globe awards.[17]

In July 2014, Hammer moved from being co-president to being a consultant for digital.[17]

In 2015, Lionsgate will take over CBS Films' distribution functions.[18]

Filmography

The pay-cable rights to the new CBS Films' library are held by CBS's premium cable networks Showtime and The Movie Channel.[2] Sony Pictures also has foreign theatrical and home entertainment distribution rights for all CBS Films products.[11]

Title Release Date Notes Budget Gross (worldwide)
January 22, 2010 Extraordinary Measures co-production with Alliance Films $30 million $15,134,168
April 23, 2010 The Back-up Plan co-production with Alliance Films $35 million $77,477,008
November 24, 2010 Faster US distribution only; co-production with TriStar Pictures and Castle Rock Entertainment $24 million $35,542,923
January 28, 2011 The Mechanic co-production with Millennium Films $40 million $51,070,807
March 4, 2011 Beastly co-production with Alliance Films, Lionsgate Films, and Roadshow Entertainment $17 million $28,834,009
December 30, 2011 The Woman in Black US distribution only, produced by the UK Film Council, Alliance Films, Hammer Pictures, Exclusive Media Group and Cross Creek Pictures $13 million $127,730,736
March 9, 2012 Salmon Fishing in the Yemen US distribution only, produced by Lionsgate Films, Alliance Films, the UK Film Council, and BBC Films $14.5 million $34,564,651
September 7, 2012 The Words co-production with Alliance Films, Paramount Pictures, and Universum Film AG $6 million $13,231,461
October 12, 2012 Seven Psychopaths co-production with the British Film Institute, BluePrint Pictures, Alliance Films, and Film4 Productions $15 million $23,492,318
March 1, 2013 The Last Exorcism Part II US distribution only, produced by StudioCanal, Paramount Pictures, Entertainment One, and Strike Entertainment $5 million $15,179,302
May 31, 2013 The Kings of Summer co-production with Big Beach Films and StudioCanal n/a $1,315,590
July 26, 2013 The To Do List co-production with Varsity Pictures $1.5 million $3,883,704
October 4, 2013 Last Vegas co-production with Universal Studios, Entertainment One, and Good Universe; U.S distribution is Sony Pictures Home Entertainment $28 million $134,402,450
December 6, 2013 Inside Llewyn Davis US distribution only, produced by StudioCanal and Mongrel Media $11 million $13+ million[17]
April 4, 2014 Afflicted co-production with Entertainment One, and IM Global
April 25, 2014 Gambit US home video distribution only[19]
August 8, 2014 What If co-production with Warner Bros. Pictures, Entertainment One, Writers Guild of Canada, Telefilm Canada, Quebec, Ontario, Canada Country Pictures, Phase 4 Films, Movie Central, and No Trace Camping
September 26, 2014 Pride US distribution only; co-production with Pathé, BBC Films, StudioCanal, Calamity Films, the British Film Institute, and Proud Films

Upcoming

Title Release Date Notes Budget Gross (worldwide)
The Duff February 20, 2015 Co-production with Wonderland Sound and Vision
My Fair Lady TBA Co-production with Toledo Productions
The Keep[20] TBA
American Assassin 2014 Co-production nith Di Bonaventura Pictures, Bedford Falls Productions and Nick Wechsler Productions
Who Gets Bob?[21][22] TBA
Freaky Monday[23] TBA Co-production with Gunn Films
Sleeper Spy[24] TBA
Gunsmoke TBA
Area 51 2014 Co-production with Blumhouse Productions, Aramid Entertainment, IM Global, Room 101 and eOne Momentum
Bonanza TBA Co-production with Warner Bros. Pictures and Village Roadshow Pictures
It Takes a Village[25] TBA Co-production with TriStar Pictures and Warner Bros. Pictures
Consent to Kill[26] TBA
Get a Job 2014
Ends of the Earth TBA Co-production with Automatik Entertainment and Téléfilm Canada
Deus Ex: Human Revolution[27] TBA Co-production with Square Enix and Eidos Montreal
Inside the Machine 2014 Co-production with Contrafilm
7500[28] TBA
Legend TBA

See also

References

  1. ^ a b c d e Eller, Claudia; Amy Kaufman (January 11, 2010). "Prime time for CBS movie bet?". Los Angeles Times. Retrieved July 27, 2012. 
  2. ^ a b c d Eller, Claudia (September 26, 2007). "CBS names head of movie division". Los Angeles Times. Retrieved July 27, 2012. 
  3. ^ a b c Siegel, Tatiana (May 15, 2009). "CBS tackles feature films". Variety. Retrieved July 27, 2012. 
  4. ^ Manis, Aimee (March 20, 2013). "Beyond the Big 6: Mini Majors Gain Momentum". Studio System News. Retrieved March 20, 2013. 
  5. ^ Oliver, Myrna (October 18, 2000). "Gordon T. Stulberg; Studio Executive, Lawyer, Negotiator". Los Angeles Times. Retrieved July 27, 2012. 
  6. ^ Gould, Jack (January 10, 1972). "C.B.S. IS DROPPING ITS THEATER FILMS; Paley Takes Action as Part of a Production Review". New York Times. p. 47. Retrieved July 27, 2012. 
  7. ^ "CBS turns theatrical films operations into division".  
  8. ^ Palmer, L. (1998) "How to write it, how to sell it: everything a screenwriter needs to know about Hollywood" (pp. 232-235). St. Martin's Press, New York. ISBN 0-312-18726-2.
  9. ^ "CBS Sells Stake In Tri-Star Inc". The New York Times. November 16, 1985. 
  10. ^ Harmetz, Aljean (November 15, 1985). "ABC and CBS give up on the movie business".  
  11. ^ a b Waxman, Sharon (November 17, 2009). "Sony to Distribute CBS Films Abroad". The Wrap. Retrieved July 27, 2012. 
  12. ^ Nikki Finke "Hollywood Deadline" Sony Pictures To Market & Distribute CBS Films Overseas & Home Entertainment deadline.com, Retrieved on February 8, 2013
  13. ^ a b "CBS Films, still seeking its first hit, replaces No. 2 executive". Los Angeles Times. December 1, 2010. Retrieved July 27, 2012. 
  14. ^ Fleming, Mike (August 8, 2010). "CBS Films To Distribute Millennium Redo ‘The Mechanic’ With Jason Statham". Deadline.com. Retrieved July 27, 2012. 
  15. ^ Fritz, Ben (September 30, 2011). "Amy Baer out as head of CBS Films". Los Angeles Times. Retrieved July 27, 2012. 
  16. ^ Fritz, Ben (April 24, 2012). "CBS names two co-presidents of its small film studio". Los Angeles Times. Retrieved July 27, 2012. 
  17. ^ a b c Fleming, Mike Jr (July 22, 2014). "Insiders Confirm CBS Films Co-President Wolfgang Hammer Move To Digital". Deadline. Retrieved November 13, 2014. 
  18. ^ "Lionsgate Takes Over CBS Films’ Distribution & Global Sales". Deadline (Penske Business Media). November 13, 2014. Retrieved November 13, 2014. 
  19. ^ "CBS Films Move 'Seven Psychopaths' up to October 12th, Delay 'Gambit' to Winter 2013". IndieWire. Retrieved August 14, 2012. 
  20. ^ Fernandez, Jay A. (October 26, 2010). "CBS Films moves in to 'The Keep' with 'Dragon Tattoo' director Niels Arden Oplev". The Hollywood Reporter. 
  21. ^ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  22. ^ McNary, Dave (October 26, 2010). "'"CBS Films eyes 'Bob. Variety. 
  23. ^ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  24. ^ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  25. ^ Great Role For 30-Ish Actress (Who Hasn't Adopted In A Third World Country) - Deadline.com
  26. ^ Antoine Fuqua Helming Consent to Kill - ComingSoon.net
  27. ^ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  28. ^ The Deadline Team (May 9, 2012). "CBS Films Shifts Dates For ‘Gambit’, ‘7500’". Deadline Hollywood. 

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