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October Films

October Films
Industry Independent film
Fate Sold to USA Networks and merged with Gramercy Pictures
Successor USA Films
Founded 1991
Founder Bingham Ray
Jeff Lipsky
Defunct 1999
Owner Seagram (1997-1999)
Parent Universal Studios (1997-1999)

October Films was a major U.S. independent film production company and distributor founded in 1991 by Bingham Ray and Jeff Lipsky as a means of distributing the 1990 film Life Is Sweet. It is unrelated to the currently-trading London and New York-based television production company October Films Limited and its subsidiary, October Films Inc., founded in 1989.

A series of mergers and acquisitions began when Universal Pictures (then a division of the Seagram Company) bought a majority stake in October Films in 1997. Universal then sold its shares to Barry Diller in 1999, who renamed the company USA Films and merged it with Gramercy Pictures. Vivendi then acquired USA Films, who in 2002 acquired Good Machine and merged it with USA Films, forming Focus Features.


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