Cinerama Releasing Corporation, or CRC, is a defunct motion picture company established in 1967 that originally released films produced by its namesake parent company that was considered an "instant major".[li 1]
In 1963, the owner of the Pacific Coast Theater chain, William R. Foreman, purchased Cinerama, Inc. In 1967, CRC was set up to be an independent distributor of widescreen motion pictures produced by Cinerama, various foreign films and ABC Pictures, the film production unit of the American Broadcasting Company.[li 2] As an instant major by 1970, CRC reached a 10% market share. ABC Pictures ended operations in early 1973, thus CRC moved to primarily distributing non-financed films (acquisitions). By August 1974, CRC had released 125 acquired films at which time its productions and reissues were handled by American International Pictures. Cinerama, Inc., CRC's parent company, was liquidated in May 1978 with the Cinerama name ending up being owned by Pacific Coast Theater.[li 2]
CRC was only a distributor of films, without retaining copyright stake over each production. Therefore, the rights to CRC releases rest with their respective production companies:
Productions by ABC Pictures, as well as the Palomar Pictures International productions that were created for ABC, and Selmur Pictures, are owned by The Walt Disney Company (as ABC is now a subsidiary of Disney), with home video rights going to MGM.
1Later reissued in 70 mm Cinerama. 2Filmed in Cinemiracle. 3Converted from 70 mm. 4Presented in both three-strip and 70 mm Cinerama. 5Presented in 70 mm Cinerama in UK and Canada only. 6Presented in 70 mm Cinerama in UK only.
This article about a film studio is a stub. You can help Wikipedia by expanding it.