The Kushner-Locke Company: Difference between revisions
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| type = [[Public company|Public]] |
| type = [[Public company|Public]] |
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| industry = Production |
| industry = Production |
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| fate = |
| fate = Bankruptcy |
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| founded = {{Start date and age|March 12, 1983}} |
| founded = {{Start date and age|March 12, 1983}} |
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| founders = [[Donald Kushner]]<br>[[Peter Locke (producer)|Peter Locke]] |
| founders = [[Donald Kushner]]<br>[[Peter Locke (producer)|Peter Locke]] |
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==History== |
==History== |
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In 1983, the company was established by Donald Kushner and Peter Locke, the former of which was a producer on the movie ''[[Tron]]'', and the latter was a sales agent, and member of the Channing/Debin/Locke Company (which he co-founded with [[Stockard Channing]] and David Debin). In January 1987, it sold a minority interest to [[Atlantic Entertainment Group]] thus renaming it Atlantic/Kushner-Locke. That year, in 1987, it attempted to merge with television syndicator All American Television to form a single company that paid $36 million in a single transaction in order to establish it as a public company without an effort of an underwriting of an initial public offering, but the merger talks between Atlantic/Kushner-Locke and All American Television were never realized.<ref>{{Cite news |last=Silverman |first=Michael |date=1987-08-26 |title=Atlantic To Team With All-American In A Single Company |pages=77, 94 |work=[[Variety (magazine)|Variety]]}}</ref> Atlantic sold back its share in July 1988, and the company reverted to its original name.<ref>{{Cite book|last=Slide|first=Anthony|title=The Television Industry: A Historical Dictionary|year=1991|pages=157}}</ref> |
In 1983, the company was established by Donald Kushner and Peter Locke, the former of which was a producer on the movie ''[[Tron]]'', and the latter was a sales agent, and member of the Channing/Debin/Locke Company (which he co-founded with [[Stockard Channing]] and David Debin). In January 1987, it sold a minority interest to [[Atlantic Entertainment Group]] thus renaming it Atlantic/Kushner-Locke. That year, in 1987, it had attempted to merge with television syndicator All American Television to form a single company that paid $36 million in a single transaction in order to establish it as a public company without an effort of an underwriting of an initial public offering, but the merger talks between Atlantic/Kushner-Locke and All American Television were never realized.<ref>{{Cite news |last=Silverman |first=Michael |date=1987-08-26 |title=Atlantic To Team With All-American In A Single Company |pages=77, 94 |work=[[Variety (magazine)|Variety]]}}</ref> Atlantic sold back its share in July 1988, and the company reverted to its original name.<ref>{{Cite book|last=Slide|first=Anthony|title=The Television Industry: A Historical Dictionary|year=1991|pages=157}}</ref> |
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In 1992, the company attempted a merger with [[Rysher Entertainment]], but the deal's plans collapsed when neither company could come to an accord over who would get control of the combined company.<ref>{{Cite news|date=1992-06-01|title=Kushner-Locke, Rysher merge|work=[[Broadcasting & Cable|Broadcasting]]|url=https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/92-OCR/BC-1992-06-01-OCR-Page-0020.pdf|access-date=2021-11-12}}</ref><ref>{{Cite news|date=1992-07-27|title=Rysher/Kushner-Locke merger off|work=[[Broadcasting & Cable|Broadcasting]]|url=https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/92-OCR/BC-1992-07-27-OCR-Page-0019.pdf|access-date=2021-11-12}}</ref> On December 14, 1992, Patricia Clifford, who had just left Interscope Communications, launched a Kushner-Locke affiliated production company, whose intent was to produce telemovies.<ref>{{Cite web|last=Brodie|first=John|date=1992-12-15|title=Clifford ankles Interscope for pact with Kushner-Locke|url=https://variety.com/1992/scene/people-news/clifford-ankles-interscope-for-pact-with-kushner-locke-102096/|access-date=2021-12-06|website=Variety|language=en-US}}</ref> |
In 1992, the company attempted a merger with [[Rysher Entertainment]], but the deal's plans collapsed when neither company could come to an accord over who would get control of the combined company.<ref>{{Cite news|date=1992-06-01|title=Kushner-Locke, Rysher merge|work=[[Broadcasting & Cable|Broadcasting]]|url=https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/92-OCR/BC-1992-06-01-OCR-Page-0020.pdf|access-date=2021-11-12}}</ref><ref>{{Cite news|date=1992-07-27|title=Rysher/Kushner-Locke merger off|work=[[Broadcasting & Cable|Broadcasting]]|url=https://worldradiohistory.com/hd2/IDX-Business/Magazines/Archive-BC-IDX/92-OCR/BC-1992-07-27-OCR-Page-0019.pdf|access-date=2021-11-12}}</ref> On December 14, 1992, Patricia Clifford, who had just left Interscope Communications, launched a Kushner-Locke affiliated production company, whose intent was to produce telemovies.<ref>{{Cite web|last=Brodie|first=John|date=1992-12-15|title=Clifford ankles Interscope for pact with Kushner-Locke|url=https://variety.com/1992/scene/people-news/clifford-ankles-interscope-for-pact-with-kushner-locke-102096/|access-date=2021-12-06|website=Variety|language=en-US}}</ref> |
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Revision as of 10:18, 11 October 2023
 | This article needs additional citations for verification. (May 2021) |
| Formerly | Atlantic/Kushner-Locke (1987-1988) |
|---|---|
| Company type | Public |
| Industry | Production |
| Founded | March 12, 1983 |
| Founders | Donald Kushner Peter Locke |
| Defunct | 2002 |
| Fate | Bankruptcy |
| Successor | Multicom Entertainment |
| Headquarters | Century City, Los Angeles, California, United States |
| Website | KushnerLocke.com |
The Kushner-Locke Company was an American independent motion picture/television production founded on March 12, 1983 by Donald Kushner and Peter Locke.[1]
It is known for films such as The Adventures of Pinocchio, Liberace: Behind the Music, Basil, But I'm a Cheerleader, Freeway, Nutcracker: The Motion Picture and Teen Wolf. Kushner-Locke also produced animated films such as The Brave Little Toaster, The Brave Little Toaster Goes to Mars, The Brave Little Toaster to the Rescue, Rover Dangerfield, Dorothy Meets Ozma of Oz and Pound Puppies and the Legend of Big Paw.
History
In 1983, the company was established by Donald Kushner and Peter Locke, the former of which was a producer on the movie Tron, and the latter was a sales agent, and member of the Channing/Debin/Locke Company (which he co-founded with Stockard Channing and David Debin). In January 1987, it sold a minority interest to Atlantic Entertainment Group thus renaming it Atlantic/Kushner-Locke. That year, in 1987, it had attempted to merge with television syndicator All American Television to form a single company that paid $36 million in a single transaction in order to establish it as a public company without an effort of an underwriting of an initial public offering, but the merger talks between Atlantic/Kushner-Locke and All American Television were never realized.[2] Atlantic sold back its share in July 1988, and the company reverted to its original name.[3]
In 1992, the company attempted a merger with Rysher Entertainment, but the deal's plans collapsed when neither company could come to an accord over who would get control of the combined company.[4][5] On December 14, 1992, Patricia Clifford, who had just left Interscope Communications, launched a Kushner-Locke affiliated production company, whose intent was to produce telemovies.[6]
On April 29, 1997, Pascal Borno was named head of Kushner-Locke International.[7] On March 12, 1998, Kushner/Locke International scored picture-pact deals with various motion picture companies, as well as with television networks around the world.[8]
In 2001, Kushner-Locke filed for Chapter 11 bankruptcy, and has operated under this stature since then.[9] In November of that same year, Artisan Entertainment (now owned by Lionsgate) acquired the North American sales rights to its more than 300 titles.[10] In 2013, the Kushner-Locke library was acquired by Multicom Entertainment from Lionsgate.[11]
References
- ^ SEC Info – Kushner Locke Co – 10-K – For 9/30/95
- ^ Silverman, Michael (1987-08-26). "Atlantic To Team With All-American In A Single Company". Variety. pp. 77, 94.
- ^ Slide, Anthony (1991). The Television Industry: A Historical Dictionary. p. 157.
- ^ "Kushner-Locke, Rysher merge" (PDF). Broadcasting. 1992-06-01. Retrieved 2021-11-12.
- ^ "Rysher/Kushner-Locke merger off" (PDF). Broadcasting. 1992-07-27. Retrieved 2021-11-12.
- ^ Brodie, John (1992-12-15). "Clifford ankles Interscope for pact with Kushner-Locke". Variety. Retrieved 2021-12-06.
- ^ Weiner, Rex (1997-04-29). "Borno to head K-L int'l arm". Variety. Retrieved 2021-12-06.
- ^ Carver, Benedict (1998-03-13). "Kushner-Locke Intl. inks pic-pack deals". Variety. Retrieved 2021-12-06.
- ^ "Kushner-Locke company profile". Hoover's, Inc. Retrieved February 9, 2012.
- ^ Goodridge, Mike (November 22, 2001). "Artisan gets Kushner-Locke rights in North America". Screen Daily. Emap Ltd. Retrieved February 9, 2012.
- ^ "Multicom buys Kushner Locke library". C21media. Retrieved 2019-01-29.
External links
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- The Kushner-Locke Company
- 1983 establishments in California
- American companies established in 1983
- American companies disestablished in 2002
- Mass media companies established in 1983
- Mass media companies disestablished in 2002
- Film production companies of the United States
- Companies that filed for Chapter 11 bankruptcy in 2001
- Century City, Los Angeles
- Companies based in Los Angeles
- American independent film studios
- 2002 disestablishments in California
- American film company stubs
- United States mass media company stubs