Silver Pictures

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Silver Pictures
TypeProduction company
IndustryMotion pictures
FoundedJune 24, 1980; 43 years ago (1980-06-24)
FounderJoel Silver
Headquarters
Key people
Ethan Erwin (President)
Hal Sadoff (CEO)
Susan Downey
SubsidiariesDark Castle Entertainment

Silver Pictures is an American film production company founded by Hollywood producer Joel Silver in 1980. The Silver Pictures logo, also called The Chip, is modeled on a block pattern that Frank Lloyd Wright designed for the exteriors of the Storer House in Los Angeles. Silver has been a lifelong aficionado of Frank Lloyd Wright and has incorporated many of Wright's works within both Silver Pictures and Dark Castle Entertainment. All pre-Universal Pictures deal films (starting with Ricochet) are owned and distributed by Warner Bros.

For many years, during the mid-1980s, the production company was based at 20th Century-Fox, but the production company was shifted to Warner Bros. in 1987.[1] In 1999, it launched, along with fellow Tales from the Crypt member Robert Zemeckis, Dark Castle Entertainment, which served as a venture of the studio.[2]

In 2012, Joel Silver and Warner Bros. ended their 25-year production, marketing, and distribution relationship. This is due to Silver growing increasingly upset with how Warner Bros. had been handling the marketing and releasing of the films his company produced, with a $30 million payout.[3][4] Despite having split, Silver and Warner Bros. co-produced The Nice Guys four years later. That same year, Joel Silver and Universal Studios struck a 5-year marketing and distribution deal, starting with the Liam Neeson action thriller Non-Stop on February 28, 2014. Universal Pictures will not be a production partner with Silver Pictures, only a distributor.

Three years after Silver finalized Silver Pictures 5-year marketing and distributing deal with Universal, the veteran producer connected with Canadian financier Daryl Katz. Founder and Chairman of the Katz Group of Companies, one of Canada's largest privately owned enterprises, Daryl Katz holds operations in pharmaceuticals, sports and entertainment and real estate. The two came together to create a slate of feature films, digital projects and television shows. Hal Sadoff, longtime packaging and finance agent, will serve as chief executive officer of Silver Pictures Entertainment.[5] Sadoff left ICM in 2012. On November 13, 2015, Silver Pictures Television had received a commitment to a first-look agreement with Lionsgate Television whereas Silver would develop projects for the studio.[6]

Before Silver's connection with Katz, Silver Pictures required studio backing to develop and fund its films. After the formation of the new partnership, Silver possessed the ability to work on projects both inside and outside the studio system.

CEO Hal Sadoff and Silver still possess a longstanding relationship, having worked together on Gothika, Thirteen Ghosts and House on Haunted Hill.[7]

On June 24, 2019, Sadoff announced Silver's resignation from the company.[8][9]

Productions[edit]

References[edit]

  1. ^ "Joel Silver". IMDb. Retrieved 2022-01-19.
  2. ^ Carver, Benedict (1999-01-15). "Oh, the horror!". Variety. Retrieved 2022-01-19.
  3. ^ Finke, Nikki (2012-04-27). "EXCLUSIVE: Joel Silver And Warner Bros Pictures Severing 25-Year Relationship". Deadline. Retrieved 2022-01-19.
  4. ^ Abrams, Rachel; Graser, Marc (2012-09-25). "WB ends Joel Silver era with $30 million payout". Variety. Retrieved 2022-01-19.
  5. ^ Hipes, Patrick (2015-04-27). "Joel Silver Teams With Financier Daryl Katz, Launches New Company; Hal Sadoff CEO". Deadline. Retrieved 2022-01-19.
  6. ^ Littleton, Cynthia (2015-11-13). "Joel Silver Sets CBS, Fox Pilots Through First-Look Lionsgate TV Deal". Variety. Retrieved 2022-01-19.
  7. ^ Kroll, Justin (2015-04-27). "Joel Silver Partners With Canadian Financier for Silver Pictures Entertainment". Variety. Retrieved 2021-02-24.
  8. ^ Fleming, Mike Jr. (2019-06-25). "Joel Silver Out At Silver Pictures, CEO Hal Sadoff To Steer Ship". Deadline. Retrieved 2021-02-24.
  9. ^ Nickolai, Nate (2019-06-25). "Joel Silver Exits Silver Pictures". Variety. Retrieved 2022-01-19.