Mutual Film Company
|
Formerly called
|
Cloud Nine Entertainment (1994–1995) |
|---|---|
| Production company | |
| Industry | Film |
| Founded | May 1, 1994 |
| Founders |
Mark Gordon Gary Levinsohn |
| Headquarters | United States |
|
Key people
|
Mark Gordon Gary Levinsohn Don Granger |
| Products | Film |
Mutual Film Company is an American film production company based in Hollywood, California. The company was founded by film producers Mark Gordon and Gary Levinsohn in 1994 as Cloud Nine Entertainment. Mutual is a film financier that was involved in the co-production of feature films. Mutual notably co-produced and financed several feature films for Paramount Pictures and Universal Studios.
In 1994, film producers Mark Gordon and Gary Levinsohn established Cloud Nine Entertainment, a production company that would be involved in the co-production and financing of feature films. The company opened its office at Raleigh Studios on Melrose Avenue near the Paramount Pictures lot in Hollywood, California.
Following Cloud Nine's establishment, the company created an international sales division, and finalized a multi-year equity partnership with four companies — the United Kingdom's BBC, Germany's Tele-München, Japan's Toho-Towa/Marubeni and France's UGC-PH. These four companies financed 60% (15% each) of the films' budgets, in exchange for distribution rights in their respective territories and equity stakes in the films on a worldwide basis.
The company's first film was 1997's The Relic.
Eighteen months after forming Cloud Nine, Gordon and Levinsohn renamed the company to Mutual Film Company. The new name was meant to reflect the joint venture and the profits it would share with its international investors.
Mutual notably financed films for Universal Studios and Paramount Pictures. On several occasions, films developed by Mutual, such as Saving Private Ryan (1998) and The Patriot (2000), were financed by major studios.
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