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Largo Entertainment

Largo Entertainment was a production company founded in 1989. It was ran by film producer Lawrence Gordon and was backed by electronics firm Victor Company of Japan, Ltd. (JVC) in an investment that cost more than $100 million. The production company released their first film, Point Break in 1991 and their last film was Grey Owl in 1999.

Largo Entertainment
Film Studio
Industry
FateAssets sold to InterMedia
Founded1989
FounderLawrence Gordon
Defunct1999
Headquarters
United States
OwnerJVC

HistoryEdit

In August 1989, Gordon formed Largo Entertainment with the backing of JVC, representing the first major Japanese investment in the entertainment industry. Although JVC put up the entire $100 million investment, the company was structured to be a 50/50 joint venture between Gordon and JVC.[1] As the company's chairman and chief executive officer, Gordon was responsible for the production of such films as Point Break (1991), starring Patrick Swayze and Keanu Reeves; The Super (1991), starring Joe Pesci; Unlawful Entry (1992), starring Kurt Russell, Ray Liotta and Madeleine Stowe; Used People (1992), starring Shirley MacLaine, Jessica Tandy, Kathy Bates, Marcia Gay Harden and Marcello Mastroianni; and Timecop (1994), starring Jean-Claude Van Damme. Largo also co-financed and handled the foreign distribution of the acclaimed 1992 biopic Malcolm X, directed by Spike Lee and starring Denzel Washington in the title role. In January 1994, Gordon left the company and forged a production deal at Universal.[2] In 1999, JVC transferred Largo's film acquisition assets to JVC Entertainment, a film subsidiary for the Japanese market, and shut down its foreign sales operation.[3] Largo's film library was acquired by InterMedia in 2001.[4]

FilmographyEdit

ReferencesEdit

  1. ^ EASTON, NINA J. (1989-08-21). "Japanese Firm in $100-Million Hollywood Deal". Los Angeles Times. ISSN 0458-3035. Retrieved 2018-11-23.
  2. ^ O'Steen, Kathleen (1994-01-13). "Gordon leaves Largo". Variety. Retrieved 2018-11-23.
  3. ^ Roman, Monica (1999-02-08). "JVC to forgo Largo". Variety. Retrieved 2018-11-23.
  4. ^ Dawtrey, Adam (2001-03-14). "Largo library to Intermedia". Variety. Retrieved 2018-11-23.

External linksEdit