Franchise Pictures

Franchise Pictures LLC was an independent motion picture production and distribution company, founded by Elie Samaha and Andrew Stevens. They were known for their production in the action film genre. The company also had a short-lived video game arm, Franchise Interactive.

Franchise Pictures LLC
IndustryIndependent film studio
FateBankruptcy
Founded1998
Defunct2007
Key people
Elie Samaha
Andrew Stevens
SubsidiariesFranchise Interactive
Phoenician Entertainment[1]
Franchise Pictures Classics[2]

As of 2009, half of the Franchise Pictures library, along with that of ThinkFilm, is now owned by Orange Holdings LLC.[3] Another half of the Franchise Pictures library is owned by Revolution Studios (via Morgan Creek Productions).[4][5]

Filmography

Release Date Title Director Budget Gross (worldwide) RT Approval Rating
July 6, 1999A Murder of CrowsRowdy HerringtonN/AN/A0%
September 10, 1999Storm CatcherAnthony HickoxN/AN/A23%
December 29, 1999The Third MiracleAgnieszka HollandN/A$591,14267%
January 21, 2000The Boondock SaintsTroy Duffy$6 million$30,47120%
February 11, 2000MercyDamian HarrisN/AN/A17%
February 18, 2000The Whole Nine YardsJonathan Lynn$41.3 million$106,371,65145%
April 28, 2000The Big KahunaJohn Swanbeck$7 million$3,728,88874%
May 12, 2000Battlefield EarthRoger Christian$44 million$29,725,6633%
July 4, 2000Jill RipsAnthony HickoxN/AN/A11%
August 25, 2000The Art of WarChristian Duguay$60 million$40,400,42516%
September 14, 2000Auggie RoseMatthew TabakN/AN/A54%
October 6, 2000Get CarterStephen Kay$63.6 million$19,412,99312%
October 13, 2000Animal FactorySteve BuscemiN/A$43,80582%
January 19, 2001The PledgeSean Penn$35 million$29,419,29178%
February 23, 20013000 Miles to GracelandDemian Lichtenstein$62 million$18,720,17514%
March 2, 2001The Caveman's ValentineKasi Lemmons$13.5 million$687,19446%
March 11, 2001Things You Can Tell Just by Looking at HerRodrigo GarcíaN/AN/A74%
April 10, 2001Agent RedDamian LeeN/AN/A26%
April 27, 2001DrivenRenny Harlin$72 million$54,744,73814%
May 18, 2001Angel EyesLuis Mandoki$53 million$29,715,60633%
June 15, 2001Viva Las NowhereJason BloomN/AN/A50%
November 9, 2001HeistDavid Mamet$39 million$28,510,65265%
May 1, 2002Green DragonTimothy Linh BuiN/AN/A61%
July 9, 2002Zig ZagDavid S. GoyerN/A$2,41844%
August 30, 2002FeardotComWilliam Malone$40 million$18,902,0153%
August 30, 2002Avenging AngeloMartyn Burke$17 million$824,59713%
September 3, 2002If... Dog... Rabbit...Matthew ModineN/AN/A20%
September 6, 2002City by the SeaMichael Caton-Jones$40 million$29,413,99648%
September 20, 2002Ballistic: Ecks vs. SeverWych Kaosayananda$70 million$19,924,0330%
November 15, 2002Half Past DeadDon Michael Paul$13 million$19,233,2802%
January 28, 2003The ForeignerMichael Oblowitz$16.7 millionN/A0%
May 23, 2003The In-LawsAndrew Fleming$40 million$26,891,84934%
June 20, 2003Alex & EmmaRob Reiner$30 million$15,368,89711%
October 21, 2003Final ExaminationEd RaymondN/AN/A5%
March 12, 2004SpartanDavid Mamet$23 million$8,112,71264%
April 9, 2004The Whole Ten YardsHoward Deutch$40 million$26,155,7414%
July 20, 2004Out of ReachSteven Seagal$20 millionN/A21%
September 17, 2004Funky MonkeyHarry Basil$30 millionN/A47%
January 14, 2005RetrogradeChristopher KulikowskiN/AN/A9%
February 15, 2005Into the SunChristopher MorrisonN/A$175,56327%
September 2, 2005A Sound of ThunderPeter Hyams$80 million$11,665,4656%
January 13, 2006Tristan & IsoldeKevin ReynoldsN/A$28,047,96332%
May 18, 2007The Wendell Baker StoryAndrew & Luke Wilson$8 million$153,16940%

Reception

Franchise Pictures is mostly known for its reputation on several films that received mostly negative reviews. Both Battlefield Earth and Ballistic: Ecks vs. Sever are considered to be two of the worst films of all time. However a few of their films (The Boondock Saints, Heist and The Whole Nine Yards for example) have garnered a strong cult following.

Bankruptcy

Following the financial failure of Battlefield Earth and other films independently produced by Franchise Pictures, The Wall Street Journal reported that the United States' Federal Bureau of Investigation was probing "the question of whether some independent motion picture companies have vastly inflated the budget of films in an effort to scam investors".[6] In December 2000 the German-based Intertainment AG filed a lawsuit alleging that Franchise Pictures had fraudulently inflated budgets in films including Battlefield Earth, which Intertainment had helped to finance.[7] Intertainment had agreed to pay 47% of the production costs of several films in exchange for European distribution rights, but ended up paying for between 60% and 90% of the costs instead. The company alleged that Franchise had defrauded it to the tune of over $75 million by systematically submitting "grossly fraudulent and inflated budgets".[8]

The case was heard before a jury in a Los Angeles federal courtroom in MayJune 2004. The court heard testimony from Intertainment that according to Franchise's bank records the real cost of Battlefield Earth was only $44 million, not the $75 million declared by Franchise. The remaining $31 million had been fraudulent "padding". Intertainment's head Barry Baeres told the court that he had only funded Battlefield Earth because it was packaged as a slate that included two more commercially attractive films, the Wesley Snipes vehicle The Art of War and the Bruce Willis comedy The Whole Nine Yards. Baeres testified that "Mr. Samaha said, 'If you want the other two pictures, you have to take Battlefield Earth—it's called packaging'". Baeres commented: "We would have been quite happy if he had killed Battlefield Earth".[9]

Intertainment won the case and was awarded $121.7 million in damages, of which Samaha himself was declared by the court to be personally liable for $77 million in damages.[10] However, the jury rejected Intertainment's claims under the Racketeer Influenced and Corrupt Organizations (RICO) statute, which would have trebled the damages if Franchise had been found liable on that charge.[11] Samaha vowed to appeal but the fraud judgment destroyed Franchise's viability; the company and its subsidiaries all filed Chapter 11 bankruptcy petitions on August 19, 2007.[12]

References

  1. "Franchise". Hausegenealogy.com. Retrieved 2017-08-21.
  2. "Franchise". Hausegenealogy.com. Retrieved 2017-08-21.
  3. "WebVoyage Record View 1". Cocatalog.loc.gov. 2016-06-06. Retrieved 2017-08-21.
  4. http://www.imdb.com/news/ni0221051
  5. https://morgancreek.com/films/
  6. Staff (2002-06-06). "FBI Probes Big Indie Budgets". StudioBriefing: Internet Movie Database. Archived from the original on 2008-12-16. Retrieved 2008-01-20.
  7. Randall, Laura (2000-12-22). "Franchise, Intertainment duel; Countersuits ask $75 million-plus each in film licensing dispute". The Hollywood Reporter.
  8. Staff (2001-01-19). "$75M Battlefield Over Film Flops". New York Post.
  9. Hiestand, Jesse (2007-05-10). "Baeres: No secret budget deal". The Hollywood Reporter.
  10. Shprintz, Janet (2007-06-21). "Attempt to Collect". Variety.
  11. Shprintz, Janet (2007-06-17). "Samaha Slammed". Variety.
  12. Shprintz, Janet; Dana Harris (August 23, 2007). "Elie's new chapter: Samaha's Franchise files for bankruptcy". Variety. Archived from the original on November 4, 2012. Retrieved 2010-07-01.
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