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Vestron Pictures

From Alfawiki
Vestron Pictures Inc.
Company typeSubsidiary
IndustryFilm production and distribution
Founded1986
FounderAustin O. Furst, Jr.
FateAssets acquired by LIVE Entertainment after parent filed for Chapter 11 bankruptcy in 1992
Headquarters
United States
ProductsFilms (including Dirty Dancing)
ParentVestron Inc.

Vestron Pictures Inc. was a U.S.-based film production and distribution company operating as a branch of Austin O. Furst, Jr.'s Vestron Inc., widely recognized for the 1987 blockbuster Dirty Dancing. The studio also managed a genre-specific division called Lightning Pictures, which originated from Lightning Video and was headed by Lawrence Kasanoff, who later established Lightstorm Entertainment and Threshold Entertainment.

History

Established to work alongside producers Steve Tisch, Larry Turman, and Gene Kirkwood, Vestron Pictures provided financing for film projects and cultivated various series and collaborations. Its debut release was the Australian movie Malcolm in July 1986.

On October 1, 1986, Vestron Pictures entered into a $100 million joint venture with financial firm Integrated Resources, Inc. to fund the production and distribution of 15 internally produced films slated for release between 1987 and 1989.

By December 1986, the company aimed to produce ten films annually and acquire an additional 10 to 15 titles each year. It positioned itself as a low-budget studio, with Lightning Pictures' productions costing less than $2 million and mainstream films ranging from $2 million to $6 million, focusing on appealing to a wide audience without relying on exploitation content.

In 1987, Vestron secured global rights to Parents and Midnight Crossing, with its affiliate Interaccess Film Distribution overseeing international sales.

Following the commercial success of Dirty Dancing, Vestron expanded its film portfolio in 1988 by acquiring 24 productions and pickups, emphasizing quality films with budgets near $6 million. In October 1987, the company purchased rights to two Double Helix Films projects, Mace and Funland, managing various distribution rights while Double Helix retained foreign distribution responsibilities.

By November 1987, Vestron sought to enhance its theatrical presence in Australia and the Benelux countries, maintaining existing offices in the United Kingdom and Japan while partnering with Interaccess Film Distribution. The company decided against entering the French market due to declining audience numbers and market saturation.

Vestron's parent corporation filed for Chapter 11 bankruptcy protection in 1992; subsequently, its assets were acquired by LIVE Entertainment (which later became Artisan Entertainment). Presently, Lionsgate holds the rights to the Vestron library following its acquisition of Artisan in 2003.

Vestron Pictures

Release Date Title Notes
July 20, 1986 Malcolm Distribution limited to the U.S.
November 14, 1986 Slaughter High
November 1986 Billy Galvin
February 20, 1987 Alpine Fire
April 10, 1987 Gothic U.S. distribution only
May 1987 Nightforce Released directly to video
May 15, 1987 Personal Services
August 21, 1987 Dirty Dancing Added to the National Film Registry in 2024
September 25, 1987 China Girl
October 2, 1987 Anna
November 6, 1987 Steel Dawn
December 1987 The Family U.S. distribution exclusively
December 18, 1987 The Dead
January 22, 1988 Promised Land
March 4, 1988 And God Created Woman
April 22, 1988 The Unholy
May 20, 1988 Call Me
June 3, 1988 The Beat
June 17, 1988 Waxwork
August 12, 1988 Young Guns Held international theatrical and global home video rights; North American theatrical rights were owned by 20th Century Fox
October 14, 1988 The Lair of the White Worm
November 25, 1988 Amsterdamned U.S. distribution only
January 27, 1989 Parents
March 3, 1989 Dream a Little Dream
May 12, 1989 Earth Girls Are Easy Distribution limited to the U.S.
August 25, 1989 Little Monsters Produced by Vestron but sold to United Artists due to financial difficulties
December 1, 1989 Hider in the House
February 4, 1990 Spies on Ice
March 28, 1990 Paint It Black Released directly on video


Lightning Pictures

Release Date Title Notes
July 10, 1987 Blood Diner
September 16, 1987 Street Trash
June 30, 1989 Far From Home
September 27, 1989 C.H.U.D. II: Bud the C.H.U.D.
March 16, 1990 Blue Steel Due to financial difficulties, distribution was later handled by Metro-Goldwyn-Mayer
May 11, 1990 Class of 1999 Distributed through Taurus Entertainment Company
September 18, 1991 Ghoulies III: Ghoulies Go to College Taurus Entertainment Company managed the release
January 17, 1992 A Gnome Named Gnorm