Maverick Films

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Maverick Films
Type Production company
Industry Entertainment
Founded Hollywood, Los Angeles, California, USA (1992/2001)
Founders Maverick Picture Company: Madonna, Frederick DeMann, Ronnie Dashev
Maverick Films: Madonna, Guy Oseary
Headquarters Burbank, California, United States
Key people Mark Morgan, CEO
Guy Oseary, Chairman
Brent Emery, EVP
Jon Schwartz, President, COO
E. Thompson, SVP, President "Maverick Red"
Marc Vermut, CFO
Products Motion pictures, television programs, music videos
Parent Time Warner (1992-2004)
Warner Music Group (2004-Present)
Website Maverick.com

Maverick Films (formerly known as Maverick Picture Company) is an American film production company which was founded in 1992 by Madonna, Frederick DeMann and Ronnie Dashev. It is the film division of entertainment company, Maverick and owned by Warner Music Group. In 2001, the company was rebranded as simply Maverick Films and was solely managed by Madonna and Guy Oseary, CEO of another Maverick division, Maverick Records. In 2004, Madonna and Dashev were bought out of Maverick after a lawsuit with Warner Music Group and they no longer has an interest in the company. Madonna has since formed another company, Semtex Films which oversees productions relating to the singer. Oseary has retained the rights to the Maverick name.

History[edit]

Founded as Maverick Picture Company in April 1992 by Madonna, Frederick DeMann, Ronnie Dashev and parent company Time Warner. It was the film division of Maverick, an entertainment company which also owns Maverick Records and was part of a $60 million deal between Madonna and Time Warner.[1] The first film it produced was Dangerous Game in 1993, directed by Abel Ferrara and starring Madonna, Harvey Keitel and James Russo.

In March 2004, Madonna and Maverick filed suit against Warner Music Group and its former parent company, Time Warner, claiming that mismanagement of resources and poor bookkeeping had cost the company millions of dollars. In return, WMG filed a countersuit, alleging that Maverick had lost tens of millions of dollars on its own.[2][3] On June 14, 2004, the dispute was resolved when Maverick shares owned by Madonna and Dashev were purchased — which effectively exiled the two of them from the company as it was now a wholly owned subsidiary of Warner Music. Oseary, meanwhile, remains CEO.

Productions[edit]

Maverick Films:[4]

Maverick Picture Company:[5]

References[edit]