Open Road Films
Open Road Films, LLC, formerly Global Road Entertainment from 2017 to 2018, is an American film production and distribution company based in Los Angeles, California. It was launched in March 2011 as a joint venture between the two largest American theatrical exhibitors, AMC Theatres and Regal Entertainment Group, who both owned the company until it was acquired by Tang Media Partners, a media company owned by Donald Tang, in August 2017. After Tang's purchase, Open Road and IM Global both rebranded as "Global Road Entertainment". In September 2018, Open Road declared Chapter 11 bankruptcy. The bankruptcy did not effect TMP, IM Global or IM Global TV. In November 2018, Open Road agreed to be purchased by Raven Capital Management. Raven completed its acquisition in February 2019.
|Global Road Entertainment, LLC (2017–2018)|
|Founded||March 26, 2011|
|Headquarters||Los Angeles, California, U.S.|
(Chairman & CEO)
|Parent||Raven Capital Management|
Open Road FilmsEdit
In March 2011, rival theater chains AMC Entertainment and Regal Entertainment Group announced the hiring of Tom Ortenberg as Chief Executive Officer, Open Road Films. Ortenberg, previously an executive of Lionsgate and The Weinstein Company, and Hohl, formerly an executive of United Artists, filled out his executive team with the April 2011 hirings of Jason Cassidy (president of marketing), Elliott Kleinberg (General Counsel and executive vice president of operations and business affairs), Steven Andriuzzo (chief financial officer), and Ben Cotner (senior vice president of acquisitions).
Open Road's titles are distributed in the home entertainment market by Universal Pictures Home Entertainment (UPHE), a deal that was signed in June 2011. In June 2011, a few months after it started operations, Open Road Films signed a pay-TV deal with Netflix, which expired in 2016.
The studio released its first film, Killer Elite, on September 23, 2011, directed by Gary McKendry and starring Jason Statham, Clive Owen and Robert De Niro. Open Road's 2015 film Spotlight received six Academy Award nominations and became the surprise winner for Best Picture at the 88th Academy Awards, also winning for Best Original Screenplay. These were the first Oscar wins for the company.
On October 30, 2014, Open Road announced an international deal with FilmNation Entertainment. The deal would allow the company to purchase worldwide rights and FilmNation selling and servicing international distribution.
Global Road EntertainmentEdit
Open Road Films was purchased by Tang Media Partners in August 2017. Rob Friedman joined Tang Media Partners in August 2017 as chairman and CEO of TMP Entertainment to oversee Open Road, IM Global and IM Global TV. Open Road Films and fellow TMP Entertainment units were renamed to Global Road Entertainment on October 30, 2017 with Friedman assuming the Global Road chairman and CEO posts.
In 2017, the company announced plans to have a slate of approximately 15 films per year by 2020. At the European Film Market in February 2018, Global Road announced that it anticipated spending $1 billion on film and television productions over the next three years, with production budgets projected to be in the $20 million to $100 million range. In 2018, the company made an agreement with Blumhouse Productions to co-develop and co-finance low budget Chinese language genre films.
Global Road's 2018 film distribution slate includes the teen drama Midnight Sun, starring Bella Thorne and Patrick Schwarzenegger; family comedy Show Dogs, starring Will Arnett; science fiction thriller The Silence, which it acquired for US distribution; the action-thriller Hotel Artemis, starring Jodie Foster and Sterling K. Brown; science fiction family adventure A.X.L.; and animated family adventure-comedy Playmobil: Uncharted.
Upcoming Global Road productions include Serenity, a neo-noir thriller starring Anne Hathaway, Matthew McConaughey, Diane Lane and directed by Steven Knight; Richard Says Goodbye, a comedy-drama starring Johnny Depp and directed by Wayne Roberts; the science-fiction romance Zoe, starring Ewan McGregor; and Mortal, directed by André Øvredal. The company's film I Think We're Alone Now, starring Peter Dinklage, Elle Fanning and Paul Giamatti, premiered at the 2018 Sundance Film Festival.
Global Road's television arm develops scripted and non-scripted programming for both U.S. and global markets. Shows being developed include Cat's Cradle, a limited series based on the novel by Kurt Vonnegut, being written and executive produced by Noah Hawley for FX; Kilroy County, a dark comedy from Alexander Payne and Jim Taylor being developed for Showtime; Jenji Kohan's Lifetime drama American Princess; Muscle Shoals, a drama in development at ABC with Johnny Depp as executive producer; the eight-part crime drama Cold Courage, based on the novels by Pekka Hiltunen; Fried Chicken and Latkes, an adaptation of Rain Pryor's one-woman comedy show; Jett, a crime drama starring and executive produced by Carla Gugino for Cinemax; the reality cooking competition Fridge Wars for Canada's CBC network; and global rights to Idiotest, based on the Game Show Network quiz show.
In January 2018, Global Road signed a development deal with Reginald Hudlin and Byron Phillips through their company New Nation Networks, under which Hudlin and Phillips would develop and produce original content for Global Road. Later that month, the company signed a first-look television deal with Adam Shankman and Jennifer Gibgot's production company Offspring Entertainment; projects announced under this deal include Wolfgang, based on the life of Wolfgang Amadeus Mozart, and an untitled comedy from husband-and-wife actor-producers Carlos and Alexa PenaVega. Around the same time, Global Road also announced co-development deals with French production company Newen and the Ukrainian FILM.UA Group.
Global Road's film unit was taken over by its primary lenders, Bank of America and East West Bank, in August 2018 as Donald Tang had not raised enough funds for Global Road. Lenders did have Global Roads release A.X.L. while stopping the release of City of Lies, slated for September 7, 2018. With A.X.L. not doing well at the box office, the company was forced to layoff employees without severance, a requirement of the lenders. The company was also looking to sell a number of its upcoming films, City of Lies, The Silence and Playmobil; it was also 'backing out of' development for The Secret Garden. The company was also sued along with TV rights distributor Miramax by lender Bank Leumi over loans for City of Lies.
On September 6, 2018, Global Road's film unit filed for Chapter 11 bankruptcy. On October 23, 2018, Global Road filed with the court plans for an auction its assets beginning November 7th with a stalking horse bidder selected with term of $800,000 in expenses coverage and a $2.1 million outbid fee if approve by the judge. In November 2018 after lack luster auction bidding, Open Road agreed to be purchased by Raven Capital Management for $87.5 million pending court approval. On December 19, 2018, a Delaware bankruptcy judge approved the purchase.
In August 2017, Rob Friedman was named Global Road's chairman and CEO. Rodolphe Buet was named president of international in October 2017, and the following month Lynn Harris was named president of worldwide production. In early 2018, Jack Pan was named president of worldwide theatrical marketing.
In March 2018, the company announced several new hires to their international operations division, including Charlotte Van Weede as President of International Sales (replacing Michael Rothstein); Brad Kembel as Executive Vice President of Distribution and Operations; Melissa Martinez as Executive Vice President of International Marketing; and Sarah Genazzani as Director of International Marketing, with Executive Vice President of International Sales Tatyana Joffe extending her contract to work with the new team.
As Open Road FilmsEdit
|September 23, 2011||Killer Elite||distribution with FilmDistrict|
|January 27, 2012||The Grey||distribution with FilmDistrict|
|March 9, 2012||Silent House||distributed with Endgame Entertainment|
|April 13, 2012||Lockout||distribution with FilmDistrict|
|August 24, 2012||Hit and Run|||
|September 21, 2012||End of Watch|||
|October 26, 2012||Silent Hill: Revelation|||
|November 21, 2012||Red Dawn||distribution with FilmDistrict|
|January 11, 2013||A Haunted House||distribution with Endgame Entertainment|
|February 8, 2013||Side Effects|||
|March 29, 2013||The Host|||
|August 16, 2013||Jobs|||
|October 11, 2013||Machete Kills|||
|November 29, 2013||Homefront|||
|December 27, 2013||Justin Bieber's Believe|||
|January 17, 2014||The Nut Job|||
|March 28, 2014||Sabotage|||
|April 18, 2014||A Haunted House 2|||
|May 9, 2014||Chef|||
|July 25, 2014||The Fluffy Movie|||
|October 31, 2014||Nightcrawler|
|November 14, 2014||Rosewater|
|January 30, 2015||The Loft|
|March 20, 2015||The Gunman|
|April 24, 2015||Little Boy|
|June 19, 2015||Dope|||
|October 23, 2015||Rock the Kasbah|||
|November 6, 2015||Spotlight|||
|January 29, 2016||Fifty Shades of Black|||
|February 26, 2016||Triple 9|||
|April 29, 2016||Mother's Day|||
|July 29, 2016||Gleason||distribution with Amazon Studios|
|September 16, 2016||Snowden|||
|October 14, 2016||Max Steel|||
|November 18, 2016||Bleed for This|||
|January 13, 2017||Sleepless|||
|February 24, 2017||Collide|
|March 3, 2017||Before I Fall|
|April 14, 2017||Spark|
|April 21, 2017||The Promise|||
|August 11, 2017||The Nut Job 2: Nutty by Nature|||
|September 8, 2017||Home Again|
|October 13, 2017||Marshall|
|October 27, 2017||All I See Is You|
As Global Road EntertainmentEdit
|March 23, 2018||Midnight Sun|||
|May 5, 2018||Real|
|May 18, 2018||Show Dogs|||
|June 8, 2018||Hotel Artemis|||
|July 13, 2018||Siberia||Production company only|
|July 20, 2018||Zoe||Production company only |
|August 24, 2018||A.X.L.|||
|August 31, 2018||Boarding School|
|September 14, 2018||I Think We're Alone Now||Production company only|
|January 25, 2019||Serenity||Production company only|
|May 17, 2019||The Professor||Production company only|
|November 22, 2019||The Rhythm Section||Production company only|
|City of Lies|
- Maddaus, Gene (December 19, 2018). "Open Road Bankruptcy Sale to Raven Capital Approved by Judge". Variety. Retrieved 10 January 2019.
- McNary, Dave (October 30, 2017). "IM Global, Open Road Owner Tang Media Rebrands as Global Road Entertainment". Variety. Retrieved August 3, 2018.
- Szalai, Georg (March 7, 2011). "AMC Entertainment, Regal to Acquire and Release 8–10 Films a Year". The Hollywood Reporter. Retrieved June 2, 2011.
- Mike Fleming Jr. "AMC/Regal's Film Distribution Venture Open Road Sets Executive Team". Deadline Hollywood. Retrieved 2 April 2015.
- McNary, Dave (June 16, 2011). "Open Road pacts with Universal Home Ent". Variety.
- Ben Fritz (June 28, 2012). "Company Town". Los Angeles Times. Retrieved June 28, 2011.
- Mike Fleming Jr. "Open Road Sets First Release With Fall Date On 'Killer Elite'". Deadline Hollywood. Retrieved 2 April 2015.
- Cunningham, Todd (February 29, 2016). "Open Road Boss Dedicates 'Spotlight' Oscar Win to Sexual Abuse Victims". thewrap.com (The Wrap). Retrieved April 7, 2016.
- "Open Road Inks Deal to Bring Pics to Showtime". October 1, 2013. Retrieved October 1, 2013.
- Fleming Jr, Mike (February 10, 2014). "Open Road Extends Ancillaries Deal With Universal Studios Home Entertainment". Deadline. Retrieved February 10, 2014.
- Jaafar, Ali (October 30, 2014). "Open Road Goes Global With FilmNation Partnership – AFM". Deadline. Retrieved August 3, 2018.
- Brent Lang (March 2, 2016). "'Spotlight' Studio Sells to Tang Media". Variety. Retrieved August 3, 2018.
- Busch, Anita (August 8, 2017). "Rob Friedman Named Chairman/CEO Of Donald Tang's TMP Entertainment". Deadline. Retrieved August 3, 2018.
- Tartaglione, Nancy (2018-02-15). "Global Road Anticipates $1B Production Spend Over Next Three Years". Deadline. Retrieved 2018-09-11.
- Tartaglione, Nancy (2017-10-15). "Tang Media Partners Hires Rodolphe Buet As President Of International". Deadline. Retrieved 2018-09-11.
- Patrick Frater (2018-02-15). "Berlin: Global Road Touts Billion-Dollar Investment Plan". Variety. Retrieved 2018-09-11.
- Frater, Patrick (18 June 2018). "Jason Blum-Donald Tang Hatch Chinese Genre Film Production Pact". Variety. Retrieved 29 June 2018.
- Jerde, Sara (2018-01-22). "Indie Film Studio Global Road Taps MullenLowe Mediahub as Agency of Record". Adweek. Retrieved 2018-09-11.
- Tartaglione, Nancy (2018-02-01). "IM Global Execs Greg Shapiro, Cristina Garza Exit Global Road Entertainment". Deadline. Retrieved 2018-09-11.
- Busch, Anita (2018-02-22). "Global Road Entertainment Acquires Drew Pearce's Action Thriller 'Hotel Artemis'". Deadline. Retrieved 2018-09-11.
- Kay, Jeremy (2018-02-16). "Global Road targets $1bn production war chest | News | Screen". Screendaily. Retrieved 2018-09-11.
- "Amazon Prime Picks Up Drake Doremus Futuristic Love Story 'Zoe' – Tribeca". Deadline. Retrieved 29 June 2018.
- Nicholson, Amy (2018-01-21). "'I Think We're Alone Now' Review". Variety.com. Retrieved 2018-09-11.
- "Jenji Kohan's 'American Princess' Sets Cast at Lifetime". Hollywood Reporter. Retrieved 29 June 2018.
- "Johnny Depp-Produced 'Muscle Shoals' Drama From Global Road Entertainment Set At ABC". Deadline. Retrieved 29 June 2018.
- Hipes, Patrick (2018-01-09). "Adam Shankman & Jennifer Gibgot's Offspring Inks Global Road TV Deal". Deadline. Retrieved September 4, 2018.
- "MTG's Viaplay to show Cold Courage". C21Media. April 11, 2018. Retrieved September 4, 2018.
- "Norman Lear Adapting Rain Pryor's 'Fried Chicken and Latkes' for TV (Exclusive)". Hollywood Reporter. 2018-04-12. Retrieved September 4, 2018.
- "Carla Gugino to Star in Cinemax Straight-to-Series Crime Drama 'Jett'". Hollywood Reporter. 2018-04-18. Retrieved September 4, 2018.
- Etan Vlessing (May 14, 2018). "Reality Series 'Fridge Wars' in the Works From Global Road Entertainment". The Hollywood Reporter. Retrieved 1 August 2018.
- "Global Road Entertainment Gets in the Game Show Business With 'Idiotest'". Hollywood Reporter. 2018-04-09. Retrieved September 4, 2018.
- Daniel Holloway (2018-01-25). "Global Road Signs Co-Development Deal With Reginald Hudlin, Byron Phillips". Variety. Retrieved September 4, 2018.
- McNary, Dave (August 28, 2018). "Global Road Layoffs Begin in Los Angeles and London". Variety. Retrieved September 4, 2018.
- Lang, Brent (August 21, 2018). "Global Road in Crisis: Banks Take Control of Studio". Variety. Retrieved September 4, 2018.
- Maddaus, Gene; Lang, Brent (September 4, 2018). "Global Road on Verge of Bankruptcy Filing". Variety. Retrieved September 4, 2018.
- "Global Road Files Chapter 11 Bankruptcy for Film Division". The Hollywood Reporter. Retrieved 2018-09-07.
- Gardner, Eriq (October 23, 2018). "Open Road Reaches $87.5 Million Deal With Stalking Horse Bidder". The Hollywood Reporter. Retrieved October 23, 2018.
- "Open Road Bankruptcy: Auction Called Off; Raven Capital Set to Acquire 'Spotlight' Studio". The Hollywood Reporter. Retrieved 2018-11-09.
- Dave McNary, "IM Global, Open Road Owner Tang Media Rebrands as Global Road Entertainment," Variety, October 30, 2017.
- Mike Fleming Jr, "'Shallows' Producer & Former New Line, WB Exec Lynn Harris Named Global Road WW Production President," Deadline.com, November 28, 2017.
- Pamela McClintock, "Global Road Names Lynn Harris President of Worldwide Production," The Hollywood Reporter, November 28, 2017.
- Dave McNary, "Jack Pan Tapped as Marketing President for Global Road Entertainment," Variety, November 8, 2017.
- Andreas Wiseman (March 6, 2018). "Global Road Solidifies International Operations With Key Hires Including Charlotte Van Weede As Sales Chief". Deadline Hollywood. Retrieved 1 August 2018.
- Frankel, Daniel (December 6, 2011). "FilmDistrict has reached deals to distribute its 2012 titles through Open Road". Reuters. Retrieved August 18, 2018.
- "Open Road Films to Distribute Horror Spoof A Haunted House". ComingSoon.net. Retrieved 2018-08-25.
- "Open Road Films to Distribute jOBS , Starring Ashton Kutcher". ComingSoon.net. Retrieved August 18, 2018.
- "Hot Trailer: 'Hit and Run'". Deadline.com. Retrieved 2018-08-27.
- Atchity, Matt (January 24, 2013). "RT Interview: David Ayer Talks End of Watch". Rotten Tomatoes. Retrieved August 18, 2018.
- Boyes, Emma (December 30, 2006). "Silent Hill 2 movie confirmed". GameSpot. Archived from the original on June 9, 2009. Retrieved August 18, 2018.
- "Open Road Films to Distribute Horror Spoof A Haunted House". ComingSoon.net. Retrieved 2014-07-26.
- Kit, Borys (November 29, 2011). "Steven Soderbergh's New Project Is Thriller 'The Bitter Pill' (Exclusive)". The Hollywood Reporter. Retrieved August 18, 2018.
- McClintock, Pamela. "'The Host' to be Released by Open Road Films in March 2013". Retrieved August 18, 2018.
- "Open Road Films to Distribute jOBS , Starring Ashton Kutcher". ComingSoon.net. Retrieved 2 April 2015.
- "Open Road Pushes Back Machete Kills and Homefront". ComingSoon.net. 2013-06-20. Retrieved 2014-01-23.
- "Justin Bieber Hints At "Never Say Never" Movie Sequel". Disney Dreaming.com. 2012-05-30. Retrieved 2018-08-25.
- Fleming, Mike (April 11, 2013). "Open Road Squirrels Away 3D Animated Pic 'The Nut Job' For January 17 Release". Deadline. Retrieved April 11, 2013.
- "Open Road Sets 2014 Release Date for Ten, Starring Arnold Schwarzenegger". ComingSoon.net. Retrieved 2014-07-26.
- Fleming, Mike. "Arnold Schwarzenegger Cast In 'Ten' – David Ayer To Direct Action Movie". Deadline Hollywood. Retrieved 2014-07-26.
- "Open Road Films Plans A Haunted House 2". ComingSoon.net. Retrieved 2014-07-26.
- "Open Road to Release Jon Favreau's Chef on May 9, 2014". ComingSoon.net. Retrieved 2014-07-26.
- "Gabriel Iglesias Concert Movie Gets July 11, 2014 Release Date". Deadline Hollywood. Retrieved 2014-07-26.
- Sharon Swart. "Sundance: 'Dope' Sells to Open Road, Sony". The Hollywood Reporter. Retrieved 2 April 2015.
- Mike Fleming Jr. "'Dope' Movie Sells To Open Road & Sony After Big Sundance Auction – Deadline". Deadline Hollywood. Retrieved 2 April 2015.
- "Open Road Sets 2015 Date For 'Rock The Kasbah'". Deadline Hollywood. August 20, 2014. Retrieved August 20, 2014.
- "Spotlight (2015) – Box Office Mojo". Retrieved 2 April 2015.
- Fleming Jr., Mark. "Marlon Wayans '50 Shades Of Grey' Spoof Handcuffed By Open Road". Retrieved August 1, 2015.
- Fleming, Mike. "Open Road Acquires Domestic On 'Triple Nine;' Michael B. Jordan, Aaron Paul, Gal Gadot, Michael Pena Join Killer Cast". Deadline Hollywood. Retrieved 2014-07-26.
- Kroll, Justin (July 22, 2015). "Open Road Acquires Garry Marshall's 'Mother's Day' Starring Julia Roberts". Variety.
- Fleming, Mike (January 28, 2016). "Amazon Buys 'Gleason' Documentary; Open Road To Release In Theaters This Summer". Deadline. Retrieved August 3, 2018.
- "Snowden (2015) –". Box Office Mojo. Retrieved 2 April 2015.
- "Mattel Is Releasing a Collectible Line Of GHOSTBUSTERS Figures". Collider. Retrieved 2 April 2015.
- D'Alessandro, Anthony (October 4, 2016). "'Bleed For This': Boxing Biopic Sticks & Moves To Wide Release In November". Deadline Hollywood. Retrieved October 5, 2016.
- Patrick Hipes. "Jamie Foxx & Michelle Monaghan To Star In 'Sleepless Night' – Berlin – Deadline". Deadline Hollywood. Retrieved 2 April 2015.
- D'Alessandro, Anthony (September 29, 2016). "Felicity Jones-Nicholas Hoult Vehicle 'Collide' Back On Track For Winter 2017". Deadline Hollywood. Retrieved October 3, 2016.
- D'Alessandro, Anthony (October 25, 2016). "Jamie Foxx's 'Sleepless' Cruises To MLK Weekend; 'Before I Fall' Lands In March". Deadline Hollywood. Retrieved October 30, 2016.
- D'Alessandro, Anthony (November 2, 2016). "Open Road Takes To 'Spark', Animated Movie With Patrick Stewart, Jessica Biel, Hilary Swank & Susan Sarandon". Deadline Hollywood. Retrieved November 2, 2016.
- Busch, Anita; Hipes, Patrick (December 9, 2016). "Terry George's 'The Promise' Lands At Open Road, Gets April Release Date". Deadline Hollywood. Retrieved December 9, 2016.
- "Nut Job 2: Nutty by Nature". Coming Soon.net. Archived from the original on December 23, 2016. Retrieved 2018-08-03.
- Busch, Anita (April 6, 2017). "'Home Again' Starring Reese Witherspoon Gets Release Date From Open Road". Deadline Hollywood. Retrieved April 6, 2017.
- Hipes, Patrick (June 22, 2015). "Bella Thorne & Patrick Schwarzenegger To Star In YA Pic 'Midnight Sun'". Deadline Hollywood. Penske Business Media. Retrieved August 18, 2018.
- McNary, Dave (December 7, 2016). "Will Arnett, Natasha Lyonne to Star in Family Comedy 'Show Dogs'". Variety. Penske Business Media. Retrieved August 18, 2018.
- Kroll, Justin (May 12, 2017). "Sterling K. Brown, Charlie Day, Jenny Slate Join Jodie Foster's 'Hotel Artemis'". Variety. Penske Business Media. Retrieved August 18, 2018.
- Lodderhose, Diana (October 25, 2016). "IM Global Boards Drake Doremus' Love Story 'Zoe,' Starring Charlie Hunnam & Léa Seydoux". Deadline Hollywood. Penske Business Media. Retrieved August 18, 2018.
- Jr, Mike Fleming (August 16, 2017). "Paramount Lands Blake Lively Spy Thriller 'The Rhythm Section' By 007 Producers & IM Global". Deadline. Retrieved August 17, 2017.
- "Global Road & Gran Via Team Up In Preenptive Win of New Spec "Rawhide Down"". TheTrackingBoard. Retrieved June 10, 2018.
- Jaafar, Ali (2014-10-30). "Open Road Goes Global With FilmNation Partnership". Deadline. Retrieved 2018-08-03.