Private | |
Fate | Sold to Seagram, merged into Universal Studios |
Successor | Universal Studios |
Founded | 1980 |
Defunct | 2000 |
Headquarters | Universal City, California & London, England |
Owner |
Philips (1980–1998) Seagram (1998–2000) |
Parent |
PolyGram (1980–1998) MCA Inc. (1998–2000) |
Divisions | PolyGram Television PolyGram Video |
PolyGram Filmed Entertainment (abbreviated as PFE and formerly known as PolyGram Films and PolyGram Pictures) was a British-American film studio founded in 1980 which became a European competitor to Hollywood, but was eventually sold to Seagram Company Ltd. in 1998 and was folded in 2000. Among its most successful films were An American Werewolf in London (1981), Flashdance (1983), Batman (1989), Four Weddings and a Funeral (1994), Dead Man Walking (1995), Fargo (1996), Trainspotting (1996) and Notting Hill (1999).
The music company PolyGram (owned by Dutch-based Philips and Germany's Siemens) created PolyGram Pictures in 1980 as a partnership with film producer Peter Guber. It was a spin-off of sorts to Casablanca FilmWorks, the film unit of PolyGram's Casablanca Records which Guber previously ran and had success with The Deep and Midnight Express. PolyGram reserved the finances and Guber would run as CEO. Guber would form a partnership with Barbra Streisand's hairdresser Jon Peters, who co-produced his client's A Star Is Born remake. Peters would produce PolyGram's films, and eventually become a stockholder with Guber.