History New World Pictures. 4 Sold to Visi Media Asia, which had owned 80% of the channel (Star formerly owned 20%). Later that year Brandon Tartikoff, who helped NBC out of its ratings doldrums in the 1980s in his former role as President of Entertainment at NBC, joined New World Communications in an executive position; concurrently, New World acquired Tartikoff's production company Moving Target Productions. Later in 1995, the company signed a distribution deal with NBC (Access Hollywood was the only program that came out of the agreement) in exchange for renewing the NBC affiliations for WVTM and KNSD in ten-year deals. Shortly after the Citicasters acquisition announcement, on May 23, 1994, New World Communications and Fox reached a multi-year affiliation agreement in which New World would switch most of its television stations to the network beginning that fall. Shang-Chi and the Legend of the Ten Rings. Films produced by New World Pictures. Many of the New World films are distinguished by the same sense of parody and sex role reversals that were found in many of Corman's own films. New World Pictures was purchased by News Corporation in 1997 and was merged with News Corporation's 20th Century Fox. 2 Rebranded from Star to Fox channels in 2017. 20th Century Fox (then 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, particularly 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. Veteran director/AIP alum Roger Corman founded New World Pictures in 1970. As a result, following the completion of the Citicasters station purchases in late March 1995, New World placed WBRC and WGHP in a blind trust and sought buyers for both stations. Meanwhile, the transfer/assignment applications of the Argyle stations were not filed with the FCC until some time after New World had already completed its purchases of the four Citicasters stations on September 9 and October 12, 1994 (the former being the consummation date for the WDAF and KSAZ purchases, and the latter for the WGHP and WBRC purchases). Earlier in the decade, the group – then known as GCI Broadcast Services, Inc. – had restructured after defaulting on some of its financing agreements. [citation needed] Corman hoped to continue AIP's formula at New World, making low-budget films by new talent and distributing them internationally. Now owned by Fox Networks Group. It is not to be confused with, Affiliation agreement with Fox and acquisition by News Corporation, Former New World-owned television stations, common ownership of two television stations in the same market, 1994–1996 United States broadcast TV realignment, Repercussions of the 1994–1996 United States broadcast TV realignment, "Murdoch buys New World for $2.8 billion News Corp.; deal includes Channel 4", "REAL CLIFFHANGER: Will New World Be the Next Financial Horror in Hollywood? 5 Relauched as Pinoy Box Office. Film fanatics will know it as the studio that gave us definitive versions of the "women-in-prison" and "nurse" films. New World eventually expanded into broadcasting with the acquisition of seven television stationsin 1993, with the … [15] Highgate Pictures and Learning Corporation of America were shut down in 1990. Cookie Consent Tool, © 2019 Sony Pictures Digital Productions Inc. All rights reserved. Through New World, Corman continued to give opportunities to many young filmmakers, as he once did for Peter Bogdanovich, Francis Ford Coppola, Monte Hellman, Curtis Harrington, and other, now famous, film people. SCI had undergone several corporate restructurings following its 1987 purchase by Gillett Communications from Kohlberg Kravis Roberts (which, in turn, had acquired the stations' former parent Storer Communications in 1985). Every film on this list wasn't produced by the distribution house of New World Pictures, but only distributed. It was his second attempt to control production and distribution (after the ill-fated Film Group, which lasted a couple of years in the early '60s). New World Pictures was an American independent production, distribution and multimedia company. © 2007-2019 THE GRINDHOUSE CINEMA DATABASE. It also had feminist overtones, a comic anticapitalist bent, and a roster that put The Big Doll House and Stacey and Her Gangbusters! It was initially called New World Pictures, Ltd. Corman sold the copany in 1983 to Larry Kupin, Harry Sloane, and Larry A. Thompson. Offers may be subject to change without notice. The concurrent purchases of WBRC and WGHP posed issues as, at the time, the Federal Communications Commission (FCC) only allowed a single company to own a maximum of 12 television stations nationwide (the Argyle and Citicasters purchases, combined with the seven stations it earlier acquired from SCI Television, would have given New World a total of 15 stations) and in the case of Birmingham, New World could not keep WBRC and WVTM in any event, as the FCC forbade common ownership of two television stations in the same market. In May 1986, New World acquired post-production facility Lions Gate Studios for $4.4 million. Apple TV+ will premiere the documentary about the creation of his new album. New World Pictures (also known as New World Entertainment and New World Communications Group, Inc.) was an American independent production, distribution and (in its final years as an autonomous entity) multimedia company. 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. The company was founded by movie producer Roger Corman in 1970. New World Pictures Logo (1978) [HD] by Matt Payne. The company was founded on July 8, 1970, as New World Pictures, Ltd.; it was co-founded by B-movie director Roger Corman and his brother Gene, following their departure from American International Pictures (AIP). The distribution of such films was conceived by Corman in an effort to disassociate New World as an exhibitor of exploitation films. [6][7] By early 1987, the company sold its shares in Taft Broadcasting for $17.8 million. CA Privacy Rights    Do Not Sell My Personal Information    It was founded in 1949. It was also highly successful, adding to Corman's millions and firmly establishing his place as the head of the "New Hollywood" of the '70s with its alumni including: Jonathan Demme, John Sayles, Joe Dante, Jack Hill, Jonathan Kaplan, Monte Hellman and Stephanie Rothman. List of New World Pictures movies, listed alphabetically. In the fall of 1987, New World became the third in the list of prime time television series producers to the network after Lorimar-Telepictures and MCA. [30] Citicasters retained ownership of ABC affiliates WKRC-TV (channel 12) in Cincinnati, Ohio, and WTSP (channel 10) in St. Petersburg, Florida; in the latter case, New World decided against buying WTSP, as WTVT had the higher viewership of the two stations and market-wide signal coverage (WTSP's analog signal did not adequately cover southern sections of the Tampa–St. New World Pictures was a film production company that co-produced The Punisher with Artisan Entertainment. Facing insolvency, management appealed to New World's principal lender, GE Capital, for a comprehensive debt restructuring, which would have wiped out the company's equity and left GE holding a 90% ownership stake. Corman sold the company in 1983, but New World continues to hold a place in the hearts of Grindhouse lovers and anyone interested in the beginning of independent cinema. If the film was distributed by New World Pictures, then it is on this list.