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August 31, 1982
- In February 1982, Filmways was acquired by Orion Pictures (with E. M. Warburg Pincus & Company and Home Box Office (HBO) for its pay and cable television rights). Filmways was then reincorporated as Orion Pictures Corporation on August 31, 1982.
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Filmways, Inc. Company type: Corporation: Industry: Motion pictures Television programs: Founded: 1952; 72 years ago () Founder: Martin Ransohoff Edwin Kasper: Defunct: 1982; 42 years ago () Fate: Acquired by Orion Pictures and renamed as Orion Pictures Corporation: Successor: Orion Pictures Corporation: Headquarters: Sonoma County, California
In June 1982 Filmways announced that its name would become Orion Pictures Corporation and that the company had been 'quasi-reorganized' to put it on a sound financial footing. With films slated to be released through the end of 1983, Filmways was now able to proceed with a full schedule of operations.
In its original operating period (then-known as Orion Pictures Corporation), the company produced and released films from 1978 until 1999 and was also involved in television production and syndication throughout the 1980s until the early 1990s.
In February 1982, Orion, unhappy with distribution agreements with Warner Bros., bought the distribution network of Filmways Pictures and renamed itself Orion Pictures Corporation in August of that year. In 1983, Orion founded the arthouse division Orion Classics.
Prior to their acquisition of AIP, Filmways had been producing films since 1967, and also owned film distributor Sigma III Corporation. Filmways, Inc. was later reincorporated as "Orion Pictures Corporation" in August 1982.
Aug 18, 2024 · Filmways, Inc. was originally founded in 1958 by Martin Ransohoff. It was acquired by the Orion Pictures Company in 1982; the same year, Filmways Television was renamed as Orion Television and Filmways Pictures was folded into "Orion Pictures Corporation" in June.
Filmways acquired famous companies throughout the years, such as Heatter-Quigley Productions, Ruby-Spears Productions and American International Pictures. It was also the owner of the film distributor Sigma III Corporation (Closely Watched Trains, Hi, Mom!), and Wally Heider Recording in Hollywood.
