Gramercy Pictures
 |
|
| Subsidiary | |
| Industry | Film |
| Founded |
|
| Headquarters | Universal City, California, U.S. |
| Products | Motion pictures |
| Owner | Comcast |
| Parent |
Focus Features (NBCUniversal) |
| Website | http://www.gramercypictures.com |
Gramercy Pictures is an American film production label of Universal Studios' Focus Features division. It was originally launched as a film distributor in May 1992 as a joint venture of PolyGram Filmed Entertainment and Universal Pictures. Gramercy was the distributor of PolyGram movies in the United States and Canada, and also served as Universal's art-house division. After Seagram's buyout on PolyGram, Gramercy, along with October Films, was merged by Barry Diller, to form USA Films in 1999. As of 2015, Focus Features revived the name as a label for action, horror and sci-fi genre films.
Gramercy Pictures was formed in 1992 as a joint venture of PolyGram Filmed Entertainment and Universal Pictures. Gramercy Pictures released its first film, the Mario Van Peebles western Posse, in May 1993.
In January 1996, PolyGram brought the 50% stake owned by Universal, thus assuming full control of Gramercy. The distributor also had box office hits in 1994's Four Weddings and a Funeral, 1996's Fargo and 1997's Bean. Several Gramercy releases of the 1990s have grown in stature to become cult classics in the present day: The Big Lebowski, Dazed and Confused, Clay Pigeons and Mallrats. In addition, 1995's The Usual Suspects won two Oscars, for Best Original Screenplay (Christopher McQuarrie) and Best Supporting Actor (Kevin Spacey).
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