Gramercy Pictures was an American

film production Filmmaking (film production) is the process by which a motion picture is produced. Filmmaking involves a number of complex and discrete stages, starting with an initial story, idea, or commission. It then continues through screenwriting, cast ...

label. It was founded on May 20, 1992 as a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

between

PolyGram Filmed Entertainment PolyGram Filmed Entertainment (formerly known as PolyGram Films and PolyGram Pictures or simply PFE) was a British film studio founded in 1979 which became a European competitor to Hollywood, but was eventually sold to Seagram Company Ltd. in 1 ...

and

Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...

. Gramercy was the distributor of PolyGram films in the United States and Canada and also served as Universal's art-house division. After Seagram's buyout of PolyGram, Gramercy along with October Films were merged by Barry Diller to form USA Films in 1999. On May 20, 2015, Focus Features (the current art-house division for Universal) revived the name as a label for action, horror and sci-fi genre films; the label was shut down after the release of '' Ratchet & Clank'' on April 29, 2016.

History

Gramercy Pictures was formed on May 20, 1992 as a joint venture between PolyGram Filmed Entertainment and Universal Pictures. Gramercy Pictures released its first film, the

Mario Van Peebles Mario Van Peebles (born January 15, 1957) is an American film director and actor best known for directing and starring in ''New Jack City'' in 1991 and '' USS Indianapolis: Men of Courage'' in 2016. He is the son of actor and filmmaker Melvin V ...

western ''Posse'', on May 14, 1993. On January 11, 1996, PolyGram brought the 50% stake owned by Universal thus assuming full control of Gramercy. The distributor also had box office hits in 1994's '' Four Weddings and a Funeral'', 1996's '' Fargo'' and 1997's '' Bean''. Several Gramercy releases of the 1990s have grown in stature to become

cult classics A cult film or cult movie, also commonly referred to as a cult classic, is a film that has acquired a cult following. Cult films are known for their dedicated, passionate fanbase which forms an elaborate subculture, members of which engage in ...

in the present day: '' The Big Lebowski'', '' Dazed and Confused'', '' Clay Pigeons'' and '' Mallrats''. In addition, 1995's '' The Usual Suspects'' won two Oscars, for Best Original Screenplay (

Christopher McQuarrie Christopher McQuarrie is an American filmmaker. He received the BAFTA Award, Independent Spirit Award, and Academy Award for Best Original Screenplay for the neo-noir mystery film ''The Usual Suspects'' (1995). He made his directorial debut wit ...

) and Best Supporting Actor (

Kevin Spacey Kevin Spacey Fowler (born July 26, 1959) is an American actor. He began his career as a stage actor during the 1980s, obtaining supporting roles before gaining a leading man status in film and television. Spacey has received various accolade ...

). When

Seagram The Seagram Company Ltd. (which traded as Seagram's) was a Canadian multinational conglomerate formerly headquartered in Montreal, Quebec. Originally a distiller of Canadian whisky based in Waterloo, Ontario, it was once (in the 1990s) the ...

acquired

PolyGram PolyGram N.V. was a multinational entertainment company and major music record label formerly based in the Netherlands. It was founded in 1962 as the Grammophon-Philips Group by Dutch corporation Philips and German corporation Siemens, to be a ...

on May 22, 1998, the latter was merged and folded into Universal; as a result, it reacquired Gramercy as it controlled Universal. In turn, Seagram sold the bulk of the PolyGram film library titles released up until March 31, 1996 to

Metro-Goldwyn-Mayer Metro-Goldwyn-Mayer Studios Inc., also known as Metro-Goldwyn-Mayer Pictures and abbreviated as MGM, is an American film, television production, distribution and media company owned by amazon (company), Amazon through MGM Holdings, founded o ...

in 1999, and later on, it sold Gramercy and another specialty division, October Films, to Barry Diller's

USA Network USA Network (simply USA) is an American basic cable television channel owned by the NBCUniversal Television and Streaming division of Comcast's NBCUniversal through NBCUniversal Cable Entertainment. It was originally launched in 1977 as Madi ...

s, which merged both companies into USA Films. USA Films was then merged with Universal's own art-house division, Universal Focus, and transformed into Focus Features in 2002 after Vivendi Universal acquired USA Networks from Diller.

Revival

On May 20, 2015, Focus Features announced that the Gramercy label has been revived to release action, horror and sci-fi genre films. Its first release was '' Insidious: Chapter 3'' on June 5, 2015. The revived label was later shut down following the box office failure of '' Ratchet & Clank''.

Filmography

1990s

2000s

2010s

References

{{Authority control Film distributors of the United States Entertainment companies based in California Cinema of Southern California Companies based in Los Angeles County, California American companies established in 1992 Entertainment companies established in 1992 Entertainment companies disestablished in 2001 1992 establishments in California 2001 disestablishments in California Re-established companies Entertainment companies established in 2015 Entertainment companies disestablished in 2016 2015 establishments in California Joint ventures Universal Pictures subsidiaries