Arkoff was born in Fort Dodge, Iowa, to Russian Jewish parents. He was the son of Helen (Lurie) and Louis Arkoff, who ran his Louis Clothing Co.[2][3] Arkoff first studied to be a lawyer. He began his career in Hollywood as a producer of The Hank McCune Show, a seminal sitcom produced in 1951.
Following the sale of AIP to Filmways in 1979 for $30 million, Arkoff was unhappy with the direction of the company and resigned in December 1979 to set up his own production company, Arkoff International Pictures.,[4] receiving a payout worth $1.4 million.[5][6]
Arkoff's 1992 autobiography was titled Flying Through Hollywood by the Seat of my Pants: From the Man who Brought You I was a Teenage Werewolf and Muscle Beach Party.[7][8]
He was married to Hilda Rusoff until her death in July 2001. They had two children: Louis "Lou" Arkoff, who was also his producing partner; and Donna Roth, who is a movie producer married to the former chairman of Walt Disney Studios Joe Roth.[1] He also had five grandchildren and a great-grandson.
During a 1980s television talk show appearance, Arkoff shared with viewers his "ARKOFF Formula" for making successful, memorable films.[citation needed] The formula—or, more accurately, the checklist—forms an acronym of his surname, and it identifies the content elements that should be considered and included in a movie, especially in a low-budget production:[9]
Action (exciting, entertaining drama)
Revolution (novel or controversial themes and ideas)
Killing (a modicum of violence)
Oratory (notable dialogue and speeches)
Fantasy (acted-out fantasies common to the audience)
^Lawrence Van Gelder (October 2, 1987). "At the Movies: 'Beach Party' man is producing films again, after a pause 'Beverly Hills Cop II' premiere in Britain Richard Gere explores brotherhood on a farm 105th movie for Lillian Gish New from Louis Malle Japanese festival, U.S. films". New York Times. p. C8.
^"President of Filmways' American International Pictures Resigns Post". Wall Street Journal. December 6, 1979. p. 30.
^"Filmways Inc. Pays Ex-Aide $1.4 Million". Wall Street Journal. July 8, 1980. p. 8.
^Arkoff, Samuel Z.; Trubo, Richard (April 1, 1992). Flying Through Hollywood by the Seat of my Pants: From the Man who Brought You I was a Teenage Werewolf and Muscle Beach Party. Birch Lane Press. p. 304. ISBN1-55972-107-3.