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Savoy Pictures Entertainment, Inc.
Industry	Independent film studio, television station holdings company
Founded	1992; 32 years ago
Founder	Victor Kaufman
Defunct	1997; 27 years ago
Fate	Acquired by IAC/Interactive Corporation; IAC's entertainment assets acquired by Vivendi Universal in 2002
Successor	Library:; Universal Pictures; (through Focus Features); (with some exceptions)
Headquarters	United States
Key people	Victor A. Kaufman; Lewis J. Korman
Products	Motion Pictures
Owner	IAC (1995–1997)
Number of employees	16 (1997)
Subsidiaries	HBO Savoy Video; Savoy Pictures Television; SF Broadcasting

Savoy Pictures Entertainment, Inc. was an American independent motion picture company that operated from 1992 to 1997. Among Savoy Pictures' noteworthy feature films were No Escape, and Last of the Dogmen.

History

Former Columbia Pictures Entertainment chairman and TriStar Pictures founder Victor A. Kaufman became chairman and chief executive officer of Savoy Pictures in 1992 along with vice chairman executive, Lewis J. Korman. Kaufman has claimed that the name came from the Savoy Special bat Robert Redford's character used in The Natural.^[1] Savoy intended to finance and distribute films in the $12–25 million range, investing in up to $15 million per film.^[2] In June of that year, Savoy entered into a deal with HBO for the home video, pay-TV, and pay-per-view rights to its films.^[3]

Budgets for their films grew. However, with rather poor marketing, Savoy faced a major financial slump, only three years after being formed. For three years, Savoy then released box office failures including Exit to Eden and Getting Away with Murder. It also didn't help that two of its competitors in the independent film field, Miramax and New Line Cinema, were bought out by majors (The Walt Disney Company and Turner Broadcasting, respectively), giving them stability. As a result, Savoy focused on low-budget films and the occasional blockbuster, costing up to $80 million.^[2] Executives hoped to lure Sylvester Stallone with a then-hefty $20 million paycheck to star in a studio project that was ultimately never made.^[2]

In the meantime, Savoy expanded into broadcasting to help the investment of films. In March 1994, Savoy created SF Broadcasting as a venture with Fox Television Stations, with Kaufman and Korman owning controlling interest.^[4] As a result of purchasing these stations, all of them would become affiliates of the Fox network. Stations owned by SF Broadcasting were WALA-TV in Mobile, Alabama, WLUK-TV in Green Bay, Wisconsin, WVUE in New Orleans, and KHON-TV in Honolulu, Hawaii. Savoy also launched a television production division.^[5]

In January 1995, Kaufman announced that he was hiring Robert N. Fried to run the motion picture studio. Fried brought in executives Alan Sokol, Bob Levin, Cathy Schulman, Stan Brooks, Stan Wlodkowski and filmmakers Sam Raimi, and George Tillman, Rob Weiss and Peter Chelsom. In the middle of the year, the company started a television division, which was headed by Stanley Brooks.^[6] In September 1995, Kaufman announced that he was cutting back on his interest in the motion picture business and was re-positioning the company as a television station holding company.^[7]

Shortly thereafter, Savoy announced the sale of 14 films in its roster, in varying stages of production, to potential buyers.^[8] New Line Cinema picked up Martin Lawrence's directorial debut A Thin Line Between Love and Hate, American History X, The Adventures of Pinocchio, Heaven's Prisoners, Faithful, and The Stupids.^[9]^[10]^[11] Paramount Pictures picked up the rights to produce A Simple Plan, and the distribution rights of Private Parts.^[12]^[13] Only a single film Savoy is planning on to release, Mariette in Ecstasy, has been left unreleased, until 2019, when the film's director John Bailey, eventually saw a screening at the 2019 Camerimage International Film Festival.^[14]^[15]

Savoy Pictures announced in November 1995 that Barry Diller's Silver King Communications was going to acquire Savoy for $210 million.^[16] The deal was finalized in 1997. Victor Kaufman was made vice chairman and sits on the board of directors of IAC. The SF stations were sold to Diller's Silver King Broadcasting in 1997.

Cineplex Odeon Films was the Canadian distributor for Savoy films, then Alliance Films became the Canadian distributor after New Line Cinema picked up the later films from 1996.

Much of Savoy's library now lies with Universal Pictures and Focus Features, with the exceptions of a few select titles, most likely as a result of Diller selling off USA Networks' entertainment assets to Vivendi Universal for $10.3 billion.^[17] Warner Bros. Discovery owns the titles produced by New Line Cinema, while Paramount Global owns the titles produced by Rysher Entertainment, Pathé owns the rights to No Escape via Allied Filmmakers, rights to The Bronx Tale have since reverted to Robert De Niro's Tribeca Productions, and Joel B. Michaels owns the rights to Last of the Dogmen.

Films

Release Date	Title	Notes
September 29, 1993	A Bronx Tale	First Savoy film, US distributor; co-production with TriBeCa Productions
December 25, 1993	Shadowlands	US distributor; co-production with Price Entertainment and Spelling Films International, Paramount Pictures distributed in UK
March 11, 1994	Lightning Jack	US distributor only; co-production with Village Roadshow and Buena Vista Pictures
April 13, 1994	Serial Mom	Co-production with Polar Entertainment Corporation
April 29, 1994	No Escape	USA/Canada and UK distributor; co-production with Allied Filmmakers, Pacific Western; Columbia Pictures handled international distribution rights under Escape from Absolom
October 14, 1994	Exit to Eden
February 24, 1995	The Walking Dead
March 15, 1995	Circle of Friends	US distribution; Rank Organisation distribution in UK and Cineplex Odeon Films distributed in Canada
April 28, 1995	Destiny Turns on the Radio	Distribution; co-production with Rysher Entertainment
May 24, 1995	Tales from the Hood	Distribution only; co-production with 40 Acres and a Mule Filmworks
August 25, 1995	Dr. Jekyll and Ms. Hyde	US distributor; co-production with Rastar and Rank Organisation
August 25, 1995	The Show	Co-production with Rysher Entertainment
September 8, 1995	Last of the Dogmen	US distributor; co-production with Carolco Pictures. Pathé distributed internationally
September 22, 1995	Bleeding Hearts	Distribution; co-production with Peacock Films
September 29, 1995	Steal Big Steal Little
October 27, 1995	Three Wishes	Co-production with Rysher Entertainment
November 17, 1995	Let It Be Me
December 1, 1995	White Man's Burden	Co-production with Rysher Entertainment and UGC
April 3, 1996	Faithful	Co-producer; New Line Cinema, Miramax Films and TriBeCa Productions
April 5, 1996	A Thin Line Between Love and Hate	Co-production with New Line Cinema
April 12, 1996	Getting Away with Murder
May 17, 1996	Heaven's Prisoners	producer; distribution by New Line Cinema
July 26, 1996	The Adventures of Pinocchio	International distributor; co-production with New Line Cinema and The Kushner-Locker Company
August 30, 1996	The Stupids	Co-production with New Line Cinema and Rank Film Distributors
December 11, 1998	A Simple Plan	Last Savoy Film. studio credit only; co-production with Mutual Film Company, Paramount Pictures, Tele-München and BBC
Unreleased	Mariette in Ecstasy	co-production with Price Entertainment and Rastar