CBS Films

CBS Films Inc.
Subsidiary[1]
Industry Motion Pictures
Predecessor CBS Theatrical Films
Founded March 2007 (March 2007)[2]
Founder Leslie Moonves[1]
Headquarters Brentwood, Los Angeles[1], United States
Key people
 Terry Press (President)
Products Films
Owner National Amusements
Number of employees
 18 (2016)[3]
Parent CBS Corporation
Website www.cbsfilms.com

CBS Films is an American film production and distribution company founded in 2007 as a subsidiary 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 took over CBS Films' distribution functions.[18]

In 2017 Deadline.com reported CBS Films would finance Jane the Virgin actor Justin Baldoni's first directing/producing effort based on an original script by Mikki Daughtry and Tobias Iaconis. [19]

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]

Release Date Title Notes Budget Gross (worldwide)
January 22, 2010 Extraordinary Measures $30 million $15.1 million
April 23, 2010 The Back-up Plan $35 million $77.5 million
November 24, 2010 Faster Co-production with TriStar Pictures and Castle Rock Entertainment $24 million $35.5 million
January 28, 2011 The Mechanic Co-production with Millennium Films $40 million $51.0 million
March 4, 2011 Beastly $17 million $43.1 million
February 3, 2012 The Woman in Black US distribution only, produced by Hammer Pictures, UK Film Council, Alliance Films, Exclusive Media Group and Cross Creek Pictures $13 million $127.7 million
March 9, 2012 Salmon Fishing in the Yemen US distribution only, produced by Lionsgate Films, UK Film Council and BBC Films $14.5 million $34.6 million
September 7, 2012 The Words $6 million $13.2 million
October 12, 2012 Seven Psychopaths Co-production with the British Film Institute, Blueprint Pictures and Film4 Productions $15 million $33 million
March 1, 2013 The Last Exorcism Part II Co-production with StudioCanal and Strike Entertainment $5 million $15.2 million
May 31, 2013 The Kings of Summer Co-production with Big Beach Films n/a $1.4 million
July 26, 2013 The To Do List $1.5 million $3.9 million
November 1, 2013 Last Vegas Co-production with Good Universe; international distribution was held by Universal Studios $28 million $134.4 million
December 6, 2013 Inside Llewyn Davis US distribution only, produced by StudioCanal, Scott Rudin Productions, and Mike Zoss Productions $11 million $13+ million[17]
April 4, 2014 Afflicted Co-production with Entertainment One and IM Global $318,000 $121,200
April 25, 2014 Gambit US home video distribution only[20] n/a $14.2 million
August 15, 2014 What If US distribution only, produced by Entertainment One and Telefilm Canada $11 million $7.8 million
September 26, 2014 Pride US distribution only, co-production with 20th Century Fox, BBC Films, British Film Institute, Canal+, Ciné+, Ingenious Media and Pathé $16.7 million
February 20, 2015 The DUFF Co-production with Wonderland Sound and Vision and Vast Entertainment $8.5 million $43.5 million
November 13, 2015 Love the Coopers Co-production with Groundswell Productions, Imagine Entertainment, and Handwritten Films $24 million $41.1 million
March 25, 2016 Get a Job Co-production with Lionsgate Premiere and Double Feature Films
April 12, 2016 Flight 7500[21] Co-distribution with Lionsgate $2.8 million
August 12, 2016 Hell or High Water Co-production with Sidney Kimmel Entertainment, Odd Lot Entertainment, Film 44, and LBI Entertainment $12 million $31 million
October 7, 2016 Middle School: The Worst Years of My Life Co-production with Lionsgate, James Patterson Entertainment, and Participant Media $8.5 million $20.7 million
December 21, 2016 Patriots Day Co-distribution with Lionsgate $45 million $48.3 million
March 10, 2017 The Sense of an Ending Co-distribution with Lionsgate[22]
June 2, 2017 Dean

Upcoming

Title Release Date Notes Budget Gross (worldwide)
American Assassin September 15, 2017 International distribution by Lionsgate
Winchester February 23, 2018
Who Gets Bob?[23][24] TBA
Freaky Monday[25] TBA Co-production with Gunn Films
13[26] TBA
Sleeper Spy[27] TBA Co-producted by Mandeville Films, WWE Studios and Tree House Films
It Takes a Village[28] TBA Co-production with TriStar Pictures, Warner Bros. Pictures, Village Roadshow Pictures and Broken Road Productions
Deus Ex: Human Revolution[29] TBA Co-production with Square Enix and Eidos Montréal
Tesla & Twain TBA[30]
The Woman in Cabin 10[31] TBA Co-production with Gotham Group
The Husband's Secret[32] TBA Co-production with Depth of Field

See also

References

  1. 1 2 3 4 5 Eller, Claudia; Amy Kaufman (January 11, 2010). "Prime time for CBS movie bet?". Los Angeles Times. Retrieved July 27, 2012.
  2. 1 2 3 4 Eller, Claudia (September 26, 2007). "CBS names head of movie division". Los Angeles Times. Retrieved July 27, 2012.
  3. 1 2 3 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. Archived from the original on March 23, 2013. 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". The Wall Street Journal. December 2, 1980.
  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". The New York Times. p. C.34.
  11. 1 2 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. 1 2 "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. 1 2 3 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 Buys CBS Films Buys Untitled Justin Baldoni Pitch In Vein Of ‘The Fault In Our Stars’". Deadline. Penske Business Media. January 26, 2017. Retrieved January 28, 2017.
  20. ↑ "CBS Films Move 'Seven Psychopaths' up to October 12th, Delay 'Gambit' to Winter 2013". IndieWire. Retrieved August 14, 2012.
  21. ↑ The Deadline Team (May 9, 2012). "CBS Films Shifts Dates For ‘Gambit’, ‘7500’". Deadline Hollywood.
  22. ↑ N'Duka, Amanda (December 13, 2016). "‘The Sense Of An Ending’ Trailer: Secrets Are Unearthed In Drama Starring Jim Broadbent & Charlotte Rampling". Deadline.com. Retrieved December 13, 2016.
  23. ↑ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  24. ↑ McNary, Dave (October 26, 2010). "CBS Films eyes 'Bob'". Variety.
  25. ↑ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  26. ↑ Kit, Borys (12 August 2014). "CBS Films Bringing Musical '13' to Big Screen". Hollywood Reporter. Retrieved 18 January 2017.
  27. ↑ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  28. ↑ Great Role For 30-Ish Actress (Who Hasn't Adopted In A Third World Country) - Deadline.com
  29. ↑ CBS Films: Last Vegas, Seven Psychopaths, The Woman in Black Movie News, Trailer & Synopsis
  30. ↑ Fleming Jr, Mike (February 3, 2017). "CBS Films Sparks To Nikola Tesla-Mark Twain Movie Pitch". Deadline. Retrieved February 3, 2017.
  31. ↑ McNary, Dave (16 March 2017). "Ruth Ware’s ‘The Woman in Cabin 10’ Adaptation in the Works at CBS Films". Variety. Retrieved 17 March 2017.
  32. ↑ Fleming Jr., Mike. "Blake Lively To Star In ‘The Husband’s Secret’ For CBS Films". Deadline. Retrieved 25 May 2017.
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