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Ted Field

  (Redirected from Interscope Racing)

Frederick Woodruff "Ted" Field (born June 1, 1953[1]) is an American media mogul, entrepreneur and film producer.

Ted Field
Born
Frederick Woodruff Field

(1953-06-01) June 1, 1953 (age 66)
ResidenceBeverly Hills, Los Angeles
Known forAn heir to the Field family fortune
Net worth$1.2 billion
Spouse(s)Judy Field (first marriage), Barbara Field (second marriage), Susan Bari Bollman Field (third marriage)
Children8
Parent(s)Marshall Field IV and Katherine Woodruff Field (later Fanning)

He is an heir to the Field family fortune. At $1.2 billion, Field is No. 236 on the Forbes list of the 400 richest people.[2]

Early lifeEdit

Field was born on June 1, 1953 in Chicago, Cook County, Illinois, the son of Marshall Field IV, who owned the Chicago Sun-Times from 1956 to 1965, and Katherine Woodruff Fanning, who was later an editor of several newspapers.[3]

Field's parents divorced when he was young. Field's mother then married Larry Fanning, who became Field's stepfather. Field, his sisters, his mother and his stepfather moved to Anchorage, Alaska. Field's mother and Larry Fanning purchased the Anchorage Daily News from founder Norman C. Brown in 1967. Larry Fanning died in 1971: Kay Fanning continued to operate the paper until 1979 when she sold it to The McClatchy Company. She remained as publisher until 1983.

CareerEdit

Field's Interscope Racing started off entering Danny Ongais in Formula 5000 in 1975, graduating to USAC racing and the Indianapolis 500 in Parnelli chassis. Field also funded Ongais to make occasional Formula One outings in a Penske during the 1978 season.

Field also backed the construction in 1980 of an Interscope chassis designed by Roman Slobodinskij for the Indianapolis 500. This was intended to take a turbocharged six-cylinder Porsche engine (similar to the one Ongais and Field were using in their Porsche 935) but a dispute with USAC over turbo boost meant the program was abandoned. The car was eventually fitted with a conventional Ford Cosworth DFX engine and entered in the 1981 500. Ongais led the race but crashed and was critically injured. In 1982 a recovered Ongias gave the car one last start at Indy but that too ended with an accident.

In 1982, Field founded Interscope Communications, which produced more than 50 major films. In 1984, Field was a leader of a group that bought movie camera manufacturer Panavision. In 1987, Panavision was sold to Lee International. In 1990, he co-founded Interscope Records. After abruptly leaving Interscope in January 2001, he formed ARTISTdirect Records with the backing of BMG. Ted Field is currently chairman and CEO of Radar Pictures.

Field and Radar Pictures have faced legal action in recent years over allegations of fraudulent misconduct.[4][5][6][7] In December 2016, Field and his company were ordered by a federal judge to assign profits from 11 films, including Sony's then-upcoming Jumanji: Welcome to the Jungle (2017), to producer Johnny Lin’s Filmula Entertainment, to satisfy a breach-of-contract judgment over the failed reboot of Trauma Records.[8][9]

Personal lifeEdit

From 1984 to 1998, he owned a mansion formerly owned by Howard B. Keck located at 1244 Moraga Drive in the gated community of Moraga Estates in Bel Air, California.[10] He currently resides in Beverly Hills, California.

In 2018, he is number four on California Franchise Tax Board's Top 500 Delinquent Taxpayers list, personally owing the state more than $20,607,010.86 in personal income tax.[11]

Filmography (producer)Edit

All films, he was producer unless otherwise noted.

FilmEdit

Year Film Notes
1984 Revenge of the Nerds
1985 Turk 182
1987 Critical Condition
Outrageous Fortune
Revenge of the Nerds II: Nerds in Paradise
Three Men and a Baby
1988 The Seventh Sign
Cocktail
1989 Bill & Ted's Excellent Adventure Executive producer
Collision Course
Renegades Executive producer
An Innocent Man
1990 The First Power Executive producer
Bird on a Wire Executive producer
Arachnophobia Co-executive producer
Three Men and a Little Lady
1991 Class Action
Bill & Ted's Bogus Journey Executive producer
Paradise Executive producer
1992 The Hand That Rocks the Cradle Executive producer
The Cutting Edge
FernGully: The Last Rainforest Executive producer
Jersey Girl Executive producer
The Gun in Betty Lou's Handbag Executive producer
Out on a Limb Executive producer
1994 The Air Up There
Terminal Velocity Executive producer
Imaginary Crimes Executive producer
1995 Roommates
Separate Lives Executive producer
Operation Dumbo Drop Executive producer
The Tie That Binds Executive producer
Two Much Executive producer
Jumanji Executive producer
Mr. Holland's Opus
1996 The Arrival Executive producer
Boys Executive producer
Kazaam Executive producer
The Associate Executive producer
1997 Gridlock'd Executive producer
1998 The Proposition
Very Bad Things Executive producer
What Dreams May Come Executive producer
1999 Runaway Bride
Teaching Mrs. Tingle Executive producer
2000 Pitch Black Executive producer
2002 They Executive producer
2003 How to Deal Executive producer
Le Divorce Executive producer
The Texas Chainsaw Massacre Executive producer
The Last Samurai Executive producer
2004 The Chronicles of Riddick Executive producer
2005 The Amityville Horror Executive producer
Zathura: A Space Adventure Executive producer
2006 Waist Deep Executive producer
2007 The Heartbreak Kid
2008 Swing Vote Executive producer
2009 Horsemen Executive producer
All About Steve Executive producer
The Invention of Lying Executive producer
The Box Executive producer
Everybody's Fine
2010 Twelve
2012 Spring Breakers Executive producer
2013 Riddick
2014 Acid Girls Executive producer
2016 Kickboxer: Vengeance
2017 Jumanji: Welcome to the Jungle Executive producer
2018 Beirut
2019 Jumanji: The Next Level Executive producer
Thanks
Year Film Notes
1990 The Man Inside Special thanks
2001 Kissing Jessica Stein Special thanks
2009 Veronika Decides to Die The production would like to thank

TelevisionEdit

Year Title Notes
1986 American Geisha Television film
Executive producer
1987 The Real Adventures of Sherlock Jones and Proctor Watson
Murder Ordained Television film
Executive producer
1989 My Boyfriend's Back Television film
Executive producer
A Mother's Courage: The Mary Thomas Story Television film
Executive producer
1990 The Secret Life of Archie's Wife Television film
Executive producer
1993 Foreign Affairs Television film
Executive producer
1995 Body Language Television film
Executive producer
1997 Snow White: A Tale of Terror Television film
Executive producer
2000 Into Pitch Black Television special
Co-executive producer
2015 Winter Dragon Television pilot
Executive producer
2017 Under the Bed Television film
2018 Lead
TBA
The Wheel of Time Co-executive producer

See alsoEdit

  • Madsen, Axel. The Marshall Fields: The Evolution of an American Business Dynasty. Wiley: 2002.

ReferencesEdit

  1. ^ Ted Field on 24 Heures en Piste
  2. ^ Forbes 400
  3. ^ Film Reference
  4. ^ Gardner, Eriq (January 11, 2017). "Movie Mogul Ted Field Set to Stand Trial for Fraud". The Hollywood Reporter.
  5. ^ Baccellieri, Emma. "The NHL's Weird Superhero Project Is Still Finding Ways To Fail". Deadspin. Retrieved April 25, 2017.
  6. ^ Gardner, Eric. "Hollywood Docket: Prince's Tidal Deal; Bob Marley Film Lawsuit; CBS Radio Win". The Hollywood Reporter. Retrieved April 25, 2017.
  7. ^ Maddaus, Gene (March 24, 2017). "Failed NHL Superhero Franchise Leads to $500,000 Judgment Against Producer". Variety. Retrieved April 25, 2017.
  8. ^ Patten, Dominic (January 6, 2017). "'Jumanji' EP Ordered To Pay Fees From Film To Creditor To Settle $2M Debt". Deadline Hollywood.
  9. ^ Gardner, Eriq. "How the New 'Jumanji' Saved a Broke "Billionaire"". The Hollywood Reporter. Retrieved January 24, 2018.
  10. ^ Los Angeles, August 1998, p. 38 Los Angeles (magazine)
  11. ^ https://www.ftb.ca.gov/aboutFTB/Delinquent-Taxpayers.shtml

External linksEdit