Open Road Films
|Formerly||Global Road Entertainment, LLC (2017–2018)|
|Founded||March 26, 2011|
|Headquarters||Los Angeles, California, U.S.|
|Parent||Raven Capital Management|
Open Road Films, LLC (formerly Global Road Entertainment from 2017 to 2018) is an American film production and distribution company based in Los Angeles, California. It was launched in March 2011 as a joint venture between the two largest American theatrical exhibitors, AMC Theatres and Regal Entertainment Group, which both owned the company. It was acquired by Tang Media Partners, a media company owned by Donald Tang, in August 2017. After Tang's purchase, both companies Open Road and IM Global merged and formed "Global Road Entertainment". In September 2018, Open Road declared Chapter 11 bankruptcy. The bankruptcy did not effect TMP, IM Global or IM Global TV. On November 6, 2018, Open Road agreed to be purchased by Raven Capital Management. Raven completed its acquisition in February 2019.
Open Road Films (first incarnation)
In March 2011, rival theater chains AMC Entertainment and Regal Entertainment Group announced the hiring of Tom Ortenberg as Chief Executive Officer of a new company, Open Road Films, it was founded by Eric Hohl as a Chairman, former executive of MGM's United Artists (1998-2006) and SPE's TriStar Pictures (2007-2011). Ortenberg, previously an executive of Lionsgate and The Weinstein Company, filled out his executive team with the April 2011 hirings of Jason Cassidy (president of marketing), Elliott Kleinberg (General Counsel and executive vice president of operations and business affairs), Steven Andriuzzo (chief financial officer), and Ben Cotner (senior vice president of acquisitions).
Open Road's titles are distributed in the home entertainment market by Universal Pictures Home Entertainment (UPHE), a deal that was signed in June 2011. In June 2011, a few months after it started operations, Open Road Films signed a pay-TV deal with Netflix, which expired in 2016. After Showtime expires in 2020, Netflix re-added Open Road movies in 2020.
The studio released its first film, Killer Elite, on September 23, 2011, directed by Gary McKendry and starring Jason Statham, Clive Owen and Robert De Niro. Open Road's 2015 film Spotlight received six Academy Award nominations and became the surprise winner for Best Picture at the 88th Academy Awards, also winning for Best Original Screenplay. These were the first Oscar wins for the company.
On October 30, 2014, Open Road announced an international deal with FilmNation Entertainment. The deal would allow the company to purchase worldwide rights and FilmNation selling and servicing international distribution.
Global Road Entertainment
Hohl left Open Road Films and it was purchased by Tang Media Partners in August 2017. Rob Friedman joined Tang Media Partners in August 2017 as chairman and CEO of TMP Entertainment to oversee Open Road, IM Global and IM Global TV. Open Road Films merged with IM Global and formed Global Road Entertainment on October 30, 2017 with Friedman assuming the Global Road chairman and CEO posts.
In 2017, the company announced plans to have a slate of approximately 15 films per year by 2020. At the European Film Market in February 2018, Global Road announced that it anticipated spending $1 billion on film and television productions over the next three years, with production budgets projected to be in the $20 million to $100 million range. In 2018, the company made an agreement with Blumhouse Productions to co-develop and co-finance low budget Chinese language genre films.
Global Road's 2018 film distribution slate includes the teen drama Midnight Sun, starring Bella Thorne and Patrick Schwarzenegger; family comedy Show Dogs, starring Will Arnett; science fiction thriller The Silence, which it acquired for US distribution; the action-thriller Hotel Artemis, starring Jodie Foster and Sterling K. Brown; science fiction family adventure A.X.L.; and animated family adventure-comedy Playmobil: Uncharted.
Upcoming Global Road productions include Serenity, a neo-noir thriller starring Anne Hathaway, Matthew McConaughey, Diane Lane and directed by Steven Knight; Richard Says Goodbye, a comedy-drama starring Johnny Depp and directed by Wayne Roberts; the science-fiction romance Zoe, starring Ewan McGregor; and Mortal, directed by André Øvredal. The company's film I Think We're Alone Now, starring Peter Dinklage, Elle Fanning and Paul Giamatti, premiered at the 2018 Sundance Film Festival.
Global Road's television arm develops scripted and non-scripted programming for both U.S. and global markets. Shows being developed include Cat's Cradle, a limited series based on the novel by Kurt Vonnegut, being written and executive produced by Noah Hawley for FX; Kilroy County, a dark comedy from Alexander Payne and Jim Taylor being developed for Showtime; Jenji Kohan's Lifetime drama American Princess; Muscle Shoals, a drama in development at ABC with Johnny Depp as executive producer; the eight-part crime drama Cold Courage, based on the novels by Pekka Hiltunen; Fried Chicken and Latkes, an adaptation of Rain Pryor's one-woman comedy show; Jett, a crime drama starring and executive produced by Carla Gugino for Cinemax; the reality cooking competition Fridge Wars for Canada's CBC network; and global rights to Idiotest, based on the Game Show Network quiz show.
In January 2018, Global Road signed a development deal with Reginald Hudlin and Byron Phillips through their company New Nation Networks, under which Hudlin and Phillips would develop and produce original content for Global Road. Later that month, the company signed a first-look television deal with Adam Shankman and Jennifer Gibgot's production company Offspring Entertainment; projects announced under this deal include Wolfgang, based on the life of Wolfgang Amadeus Mozart, and an untitled comedy from husband-and-wife actor-producers Carlos and Alexa PenaVega. Around the same time, Global Road also announced co-development deals with French production company Newen and the Ukrainian FILM.UA Group.
Global Road's film unit was taken over by its primary lenders, Bank of America and East West Bank, in August 2018 as Donald Tang had not raised enough funds for Global Road. Lenders did have Global Road release A.X.L. while stopping the release of City of Lies, slated for September 7, 2018. With A.X.L. not doing well at the box office, the company was forced to lay off employees without severance, a requirement of the lenders. The company was also looking to sell a number of its upcoming films, City of Lies, The Silence and Playmobil; it was also "backing out of" development for The Secret Garden. The company was also sued along with TV rights distributor Miramax by lender Bank Leumi over loans for City of Lies.
On September 6, 2018, Global Road's film unit filed for Chapter 11 bankruptcy. On October 23, 2018, Global Road filed with the court plans for an auction its assets beginning November 7 with a stalking horse bidder selected with term of $800,000 in expenses coverage and a $2.1 million outbid fee if approve by the judge. In November 2018 after lack luster auction bidding, Open Road agreed to be purchased by Raven Capital Management for $87.5 million pending court approval. On December 19, 2018, a Delaware bankruptcy judge approved the purchase.
Open Road Films (second incarnation)
Open Road Films indicated its come back at the June 2020 Virtual Cannes by indicate its recapitalization of Open Road Films by Raven and named the production company's leadership of Raven principal James Masciello with key assistance from Matt Sidari. The company indicated that is partnering with Briarcliff Entertainment, Tom Ortenberg's new company, in acquiring and releasing films starting with Honest Thief. Raven also indicated that it was a financier of Sculptor Media, whom Raven would look toward for development and production of films.
In August 2017, Rob Friedman was named Global Road's chairman and CEO after Eric Hohl left the company. Rodolphe Buet was named president of international in October 2017, and the following month Lynn Harris was named president of worldwide production. In early 2018, Jack Pan was named president of worldwide theatrical marketing.
In March 2018, the company announced several new hires to their international operations division, including Charlotte Van Weede as President of International Sales (replacing Michael Rothstein); Brad Kembel as Executive Vice President of Distribution and Operations; Melissa Martinez as Executive Vice President of International Marketing; and Sarah Genazzani as Director of International Marketing, with Executive Vice President of International Sales Tatyana Joffe extending her contract to work with the new team.
|September 23, 2011||Killer Elite||Co-distribution with FilmDistrict|
|January 27, 2012||The Grey||Co-distribution with FilmDistrict|
|March 9, 2012||Silent House|||
|April 13, 2012||Lockout||Co-distribution with FilmDistrict|
|August 24, 2012||Hit and Run|||
|September 21, 2012||End of Watch|||
|October 26, 2012||Silent Hill: Revelation||US distribution only |
|November 21, 2012||Red Dawn||Co-distribution with FilmDistrict|
|January 11, 2013||A Haunted House|||
|February 8, 2013||Side Effects|||
|March 29, 2013||The Host|||
|August 16, 2013||Jobs|||
|October 11, 2013||Machete Kills|||
|November 27, 2013||Homefront|||
|December 25, 2013||Justin Bieber's Believe|||
|January 17, 2014||The Nut Job|||
|March 28, 2014||Sabotage|||
|April 18, 2014||A Haunted House 2|||
|May 9, 2014||Chef|||
|July 25, 2014||The Fluffy Movie|||
|October 31, 2014||Nightcrawler|
|November 14, 2014||Rosewater|
|January 30, 2015||The Loft|
|March 20, 2015||The Gunman|
|April 24, 2015||Little Boy|
|June 19, 2015||Dope|||
|October 23, 2015||Rock the Kasbah|||
|November 6, 2015||Spotlight||US distribution only |
|January 29, 2016||Fifty Shades of Black||US distribution only |
|February 26, 2016||Triple 9||US distribution only |
|April 29, 2016||Mother's Day||US distribution only |
|July 29, 2016||Gleason||Co-distribution with Amazon Studios|
|September 16, 2016||Snowden|||
|October 14, 2016||Max Steel|||
|November 18, 2016||Bleed for This|||
|January 13, 2017||Sleepless|||
|February 24, 2017||Collide||US distribution only |
|March 3, 2017||Before I Fall|||
|April 14, 2017||Spark|||
|April 21, 2017||The Promise|||
|August 11, 2017||The Nut Job 2: Nutty by Nature|||
|September 8, 2017||Home Again|||
|October 13, 2017||Marshall|
|October 27, 2017||All I See Is You|
As Global Road Entertainment
|March 23, 2018||Midnight Sun|||
|May 5, 2018||Real|
|May 18, 2018||Show Dogs|||
|June 8, 2018||Hotel Artemis|||
|July 13, 2018||Siberia||Production company only|
|July 20, 2018||Zoe||Production company only |
|August 24, 2018||A.X.L.|||
|August 31, 2018||Boarding School|
|September 14, 2018||I Think We're Alone Now||Production company only|
|January 10, 2019||City of Lies||Theatrical release only in Italy|
|January 25, 2019||Serenity||Production company only|
|May 17, 2019||The Professor||Production company only|
|May 31, 2019||Domino||Production company only|
|June 19, 2019||Beats||Production company only |
|January 31, 2020||The Rhythm Section||Production company only|
|October 16, 2020||Honest Thief||Co-distribution with Briarcliff Entertainment|
|October 23, 2020||After We Collided|
|January 15, 2021||The Marksman||Co-distribution with Briarcliff Entertainment|
|April 30, 2021||Separation||Co-distribution with Briarcliff Entertainment|
|September 17, 2021||Copshop|||
|2021||Blazing Samurai||Co-distribution with STX Entertainment And Briarcliff Entertainment|
|February 11, 2022||Blacklight||Co-distribution with Briarcliff Entertainment|
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- "MTG's Viaplay to show Cold Courage". C21Media. April 11, 2018. Retrieved September 4, 2018.
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- "Carla Gugino to Star in Cinemax Straight-to-Series Crime Drama Jett". Hollywood Reporter. April 18, 2018. Retrieved September 4, 2018.
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- Lang, Brent (August 21, 2018). "Global Road in Crisis: Banks Take Control of Studio". Variety. Retrieved September 4, 2018.
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- "Open Road Bankruptcy: Auction Called Off; Raven Capital Set to Acquire Spotlight Studio". The Hollywood Reporter. Retrieved November 9, 2018.
- Fleming Jr, Mike (June 22, 2020). "Open Road Re-Launches With Raven Capital Funding & Return Of Founding CEO Tom Ortenberg; First Release Will Be Liam Neeson-Thriller Honest Thief". Deadline. Retrieved June 22, 2020.
- Dave McNary, "IM Global, Open Road Owner Tang Media Rebrands as Global Road Entertainment," Variety, October 30, 2017.
- Mike Fleming Jr, "Shallows Producer & Former New Line, WB Exec Lynn Harris Named Global Road WW Production President," Deadline.com, November 28, 2017.
- Pamela McClintock, "Global Road Names Lynn Harris President of Worldwide Production," The Hollywood Reporter, November 28, 2017.
- Dave McNary, "Jack Pan Tapped as Marketing President for Global Road Entertainment," Variety, November 8, 2017.
- Wiseman, Andreas (March 6, 2018). "Global Road Solidifies International Operations With Key Hires Including Charlotte Van Weede As Sales Chief". Deadline Hollywood. Retrieved August 1, 2018.
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- "Open Road Films to Distribute Horror Spoof A Haunted House". ComingSoon.net. Retrieved August 25, 2018.
- "Open Road Films to Distribute jOBS, Starring Ashton Kutcher". ComingSoon.net. Retrieved August 18, 2018.
- "Hot Trailer: Hit and Run". Deadline.com. Retrieved August 27, 2018.
- Atchity, Matt (January 24, 2013). "RT Interview: David Ayer Talks End of Watch". Rotten Tomatoes. Retrieved August 18, 2018.
- Boyes, Emma (December 30, 2006). "Silent Hill 2 movie confirmed". GameSpot. Archived from the original on June 9, 2009. Retrieved August 18, 2018.
- "Open Road Films to Distribute Horror Spoof A Haunted House". ComingSoon.net. Retrieved July 26, 2014.
- Kit, Borys (November 29, 2011). "Steven Soderbergh's New Project Is Thriller The Bitter Pill (Exclusive)". The Hollywood Reporter. Retrieved August 18, 2018.
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- "Open Road Pushes Back Machete Kills and Homefront". ComingSoon.net. June 20, 2013. Retrieved January 23, 2014.
- "Justin Bieber Hints At "Never Say Never" Movie Sequel". Disney Dreaming.com. May 30, 2012. Archived from the original on December 13, 2013. Retrieved August 25, 2018.
- Fleming, Mike (April 11, 2013). "Open Road Squirrels Away 3D Animated Pic The Nut Job For January 17 Release". Deadline. Retrieved April 11, 2013.
- Fleming, Mike. "Arnold Schwarzenegger Cast In Ten – David Ayer To Direct Action Movie". Deadline Hollywood. Retrieved July 26, 2014.
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- "Open Road Films Plans A Haunted House 2". ComingSoon.net. Retrieved July 26, 2014.
- "Open Road to Release Jon Favreau's Chef on May 9, 2014". ComingSoon.net. Retrieved July 26, 2014.
- "Gabriel Iglesias Concert Movie Gets July 11, 2014 Release Date". Deadline Hollywood. Retrieved July 26, 2014.
- Swart, Sharon. "Sundance: Dope Sells to Open Road, Sony". The Hollywood Reporter. Retrieved April 2, 2015.
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- "Open Road Sets 2015 Date For Rock The Kasbah". Deadline Hollywood. August 20, 2014. Retrieved August 20, 2014.
- "Spotlight (2015) – Box Office Mojo". Retrieved April 2, 2015.
- Fleming Jr., Mark. "Marlon Wayans 50 Shades Of Grey Spoof Handcuffed By Open Road". Retrieved August 1, 2015.
- Fleming, Mike. "Open Road Acquires Domestic On Triple Nine; Michael B. Jordan, Aaron Paul, Gal Gadot, Michael Pena Join Killer Cast". Deadline Hollywood. Retrieved July 26, 2014.
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- "Snowden (2015) –". Box Office Mojo. Retrieved April 2, 2015.
- "Mattel Is Releasing a Collectible Line Of GHOSTBUSTERS Figures". Collider. Retrieved April 2, 2015.
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