He began his career in the film industry in 1977 as a journalist with the trade paper Screen International, which he went on to edit. In 1984, he left journalism to run the UK's National Film Development Fund, and act as consultant to parent body British Screen Finance.
In 1987, he oversaw UK development for Columbia Pictures during David Puttnam's tenure at the studio, subsequently becoming head of development for Puttnam's own production company, Enigma, working on films including Memphis Belle.
During this time, in addition to developing projects as an independent producer, Vaines was artistic director of both the Performing Arts Screenwriting Lab in the UK, and the writers' lab SCRAWL in South Africa. Among the writers he handpicked to develop their projects at these workshops were Simon Beaufoy, who went on to write The Full Monty, John Hodge, who went on to write Trainspotting, Lee Hall, who went on to write Billy Elliot, Paul Laverty, who went on to write many films for Ken Loach including Cannes Palme d'Or winner "The Wind That Shakes The Barley", and John Michael McDonagh, who went on to write and direct The Guard.
After co-producing Michael Radford's B. Monkey, Vaines supervised production and development for UK lottery franchise The Film Consortium from 1997 to 1999, overseeing movies including Hideous Kinky, starring Kate Winslet.
He was appointed Executive Vice-President, Development for New York-based Miramax Films in 1999, becoming Executive Vice-President, European Production and Development in 2002. He was Co-executive producer of Martin Scorsese's Gangs of New York, and Executive in Charge of Production on Anthony Minghella's Cold Mountain.
In October 2005, he was appointed Executive Vice-President, European Production and Development for The Weinstein Company working closely with Harvey Weinstein. He was an executive producer of Anthony Minghella's Breaking and Entering, starring Jude Law, and Chris Noonan's Miss Potter, starring Renée Zellweger. He also developed and oversaw production on numerous projects for The Weinstein Company, including The Reader, Factory Girl and Minghella's final film for television, The No. 1 Ladies' Detective Agency.
He joined Graham King's GK Films in Los Angeles as Co-President of Production in 2007, where he became Executive Producer of The Young Victoria, The Rum Diary, starring Johnny Depp, and London Boulevard, the directing debut of Oscar-winning writer William Monahan, starring Keira Knightley and Colin Farrell.
Returning to freelance production in 2010, he produced Coriolanus, which marked the directing debut of its star, Ralph Fiennes, twenty years after Vaines and Fiennes first worked together on A Dangerous Man. The film also stars Gerard Butler and Vanessa Redgrave, who won best supporting actress at the 2011 British Independent Film Awards for her role in the movie. It received its European premiere at the 2011 Berlin Film Festival, and its North American premiere at the 2011 Toronto Film Festival.
Vaines was co-producer of WE, the directing debut of Madonna, which stars Abbie Cornish, Andrea Riseborough, Oscar Isaac, and James D'Arcy.The film was premiered at the 2011 Venice Film Festival, and had its North American premiere at the 2011 Toronto Film Festival.
In 2015, he produced The Marriage of Reason and Squalor, directed by Turner-nominated artist Jake Chapman, and starring Rhys Ifans and Sophie Kennedy Clark. Written by Brock Norman Brock from the book by Jake Chapman, this surreal take on romance novels was financed largely by Sky Arts, who transmitted a four-part version. A feature version for the international theatrical market premiered at the Edinburgh International Film Festival.
He is an executive producer of Red Dog: True Blue, the prequel to the hugely successful Australian movie Red Dog. The film, which stars Jason Isaacs and Levi Miller, opens in Australia through Village Roadshow on Boxing Day 2016.
His latest movie is Film Stars Don't Die in Liverpool. Directed by Paul McGuigan, the movie stars Annette Bening, Jamie Bell, Kenneth Cranham, Stephen Graham, Vanessa Redgrave and Julie Walters, and is produced by Vaines and Bond producer Barbara Broccoli. Matt Greenhalgh wrote the screenplay, from the book by Peter Turner. The film will be released in 2017.
Other projects on his current slate include "The Fabulous Palm Springs Follies". In 2017 he launched a new venture with partner Jasper Graham, Dreamscape TV. He is also working on projects with partners Hamish McAlpine and Carole Siller through their joint venture, Broadstairs Films. A founder member with musician Tim Arnold and actors Stephen Fry and Benedict Cumberbatch of the lobbying group Save Soho, he has contributed articles on Soho issues to the Huffington Post and The Observer newspaper.
- Variety review at ralphfiennes-corner.net
- "From a Scrawl to the Screen", Matthew Krouse, 26 February 1999, Mail & Guardian
- "Vaines to run European Production for Weinsteins", Jeremy Kay, 15 June 2005 ScreenDaily
- "Vaines leaves TWC for LA job at King's GK Films", Mike Goodridge, 22 September 2007, ScreenDaily
- "Ralph Fiennes's full-metal Coriolanus", Cath Clarke, 6 May 2010, The Guardian
- Colin Vaines on Internet Movie Database
- Coriolanus on Internet Movie Database
- Z W.E. on Internet Movie Database
- My Week With Marilyn on Internet Movie Database
- Weinsteins to Distribute Ralph Fiennes' 'Coriolanus'. Hollywoodreporter.com
- Coriolanus: Berlin Review. Hollywoodreporter.com
- Coriolanus, Berlin Film Festival. The Independent
- Ralph Fiennes: Shakespeare Would Make a Great Screenwriter. Hollywoodreporter.com
- Coriolanus – review. The Guardian
- Rifle-Toting Fiennes Mows Down Rebels in Bloody ‘Coriolanus’. Bloomberg L.P.
- Coriolanus. Variety
- BERLIN: ‘Coriolanus,’ Redgrave and an early Oscar bet. Incontention.com
- Ralph Fiennes wanted to turn in Berlin. Berliner Morgenpost / Google Translate
- 61st Berlin Film Festival – Coriolanus – Photocall. Zimbio
- Ralph Fiennes brings Shakespeare's Coriolanus to screen. BBC News
- Madonna applauded in Berlin. ONTD