David Michael Latt
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| Film, television | |
| Founded | 1997 |
| Founder | David Michael Latt David Rimawi Sherri Strain |
| Headquarters | Burbank, California, United States |
| Owner | Privately held |
| Divisions | Faith Films |
| Website | theasylum |
The Asylum is an American independent film company and distributor that focuses on producing low-budget, direct-to-video films. The company has produced titles that capitalize on productions by major studios, often using film titles and scripts very similar to those of current blockbusters in order to lure customers. These titles have been dubbed "mockbusters" by the press. Its titles are distributed by Echo Bridge Home Entertainment, GT Media, and as of 2015, Cinedigm. They are perhaps best known for creating the Sharknado franchise. As of 2009/2010, The Asylum have never made any losses from their film productions.
The Asylum was founded by director David Michael Latt and former Village Roadshow executives David Rimawi and Sherri Strain in 1997. The company focused on producing straight-to-video low-budget films, usually in the horror genre, but were unable to find a market due to competition from major studios, such as Lions Gate Entertainment. In 2005, the company produced a low-budget adaptation of H. G. Wells' The War of the Worlds, which was released in the same year as Steven Spielberg's adaptation of the same material. Blockbuster Inc. ordered 100,000 copies of The Asylum's adaptation, a significantly larger order than any of the company's previous releases, resulting in Latt and Rimawi reconsidering their business model.
In 2007, similarities between the distributor's titles and those of major studios were reported. For example, the film Transmorphers bears a number of similarities to the film Transformers, which was released theatrically two days after the release of Transmorphers. According to Latt, "I'm not trying to dupe anybody. I'm just trying to get my films watched. Other people do tie-ins all the time; they’re just better at being subtle about it. Another studio might make a giant robot movie that ties into the Transformers release and call it Robot Wars. We’ll call ours Transmorphers." In 2008, 20th Century Fox threatened legal action against The Asylum over The Day the Earth Stopped, a film capitalizing on The Day the Earth Stood Still.
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