Seven Arts Entertainment Inc. is a British

independent film An independent film, independent movie, indie film, or indie movie is a feature film or short film that is produced outside the major film studio system, in addition to being produced and distributed by independent entertainment companies (or, i ...

production company founded in 1992. Notable films that were made by Seven Arts are '' Stander'', '' Asylum'', ''

Noise Noise is unwanted sound considered unpleasant, loud or disruptive to hearing. From a physics standpoint, there is no distinction between noise and desired sound, as both are vibrations through a medium, such as air or water. The difference arise ...

'' and more recently, '' Night of the Demons''.

History

Seven Arts Pictures was founded in the late 1990s by former

Carolco Carolco Pictures, Inc. was an American independent film studio that existed from 1976 to 1995, founded by Mario Kassar and Andrew G. Vajna. Kassar and Vajna ran Carolco together until 1989, when Vajna left to form Cinergi Pictures. Carolco h ...

president and CEO Peter Hoffman as Peter Hoffman Productions. In 1996, the studio came with a first look deal at Paramount Pictures. Hoffman runs a separate production company Cine Visions, which had been merged with ICE in 1997. Carolco had previously used the name Seven Arts as a joint venture with

New Line Cinema New Line Cinema is an American film production studio owned by Warner Bros. Discovery and is a film label of Warner Bros. It was founded in 1967 by Robert Shaye as an independent film distribution company; later becoming a film studio after acq ...

to produce and release mid-budget films; when the partnership was dissolved, Hoffman took the name Seven Arts with him to start over. With offices in London, England and Los Angeles, California, Seven Arts is producing motion pictures worldwide with budgets ranking from $2 million to $15 million for exhibition in domestic (i.e., the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including

Blu-ray The Blu-ray Disc (BD), often known simply as Blu-ray, is a digital optical disc data storage format. It was invented and developed in 2005 and released on June 20, 2006 worldwide. It is designed to supersede the DVD format, and capable of sto ...

and DVD, home video, pay-per-view, and free television.

Mario Kassar Mario F. Kassar ( ar, ماريو قصار; born October 10, 1951) is a Lebanese film producer and industry executive who produced the first three films of the ''Rambo'' series, '' Terminator 2: Judgment Day'', '' Total Recall'', ''The Doors, Ange ...

had headed Carolco with Hoffman. At one point, in the late 1990s, it was co-owned by CanWest Global Communications, who co-owned it with Peter and Susan Hoffman, with Canwest handling 35% of its share, and the Seven Arts International subsidiary, which was later absorbed into Fireworks Pictures. In 1998, it was in negotiations with Rysher Entertainment to handle international rights to the project '' Onegin'', with several deals across all territories.. In 2002, the Seven Arts International label was rejigged, which handled international sales of the films. In 2004, Seven Arts Pictures plc became a listed company on

Alternative Investment Market AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows ...

(AIM). After trading on AIM for 3 years, the company moved to

Plus Markets PLUS Markets Group was a UK electronic stock exchange based in London for small cap companies that was acquired by ICAP in 2012 and rebranded as ''Icap Securities and Derivatives Exchange'' (ISDX). It was a market operator under MiFID Markets ...

from 2007 to 2009. In preparation to its entrance on the

Nasdaq The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

, Seven Arts Pictures plc was listed on the

OTCBB The OTC (Over-The-Counter) Bulletin Board or OTCBB was a United States quotation medium operated by the Financial Industry Regulatory Authority (FINRA) for its subscribing members. FINRA closed the OTCBB on November 8, 2021. The board was used for ...

from 2008 to 2009. Since 2009, Seven Arts Pictures plc has been trading on the Nasdaq under SAPX. Seven Arts Pictures also has trading entities in the UK which have been put into liquidation owing investors millions of dollars. Below are a list of recent UK companies; most are in liquidation and are fronted by his daughter, Kate Hoffman: * Seven Arts Filmed Entertainment UK Ltd * Seven Arts Filmed Entertainment Ltd * Seven Arts Pictures plc – In liquidation * Cinematic Finance Ltd – In liquidation * Knife Edge Films Ltd – In liquidation * Gone To Hell Ltd – In liquidation Seven Arts had been implicated in major fraud by

HM Revenue and Customs HM Revenue and Customs (His Majesty's Revenue and Customs, or HMRC) is a non-ministerial government department, non-ministerial Departments of the United Kingdom Government, department of the His Majesty's Government, UK Government responsible fo ...

and also by many investors, claiming that Peter Hoffman's daughter is behind the many scams in the UK. In 2012, Seven Arts Pictures announced the creation of its new music division, Seven Arts Entertainment. This included the acquisition of musical assets by several multi platinum recording artists. Most notably is the rapper

DMX Earl Simmons (December 18, 1970 – April 9, 2021), known professionally as DMX, was an American rapper and actor. He began rapping in the early 1990s and released his debut album ''It's Dark and Hell Is Hot'' in 1998, to both critical acclaim ...

whose next album was released in September 2012 titled '' Undisputed''. The new music division of Seven Arts plans to sign deals with already established artists as well as up and coming artists. The production slate of Seven Arts Pictures and third party producers are distributed through

Seven Arts International Seven Arts Entertainment Inc. is a British independent film production company founded in 1992. Notable films that were made by Seven Arts are '' Stander'', ''Asylum'', ''Noise'' and more recently, '' Night of the Demons''. History Seven Ar ...

Filmography

* ''

Johnny Mnemonic "Johnny Mnemonic" is a science fiction short story by American-Canadian writer William Gibson. It first appeared in '' Omni'' magazine in May 1981, and was subsequently included in ''Burning Chrome'', a 1986 collection of Gibson's short fiction. ...

'' (1995) * '' Rules of Engagement'' (2000) * ''

An American Rhapsody ''An American Rhapsody'' is a 2001 Hungarian-American biographical drama film that tells the story of a 15-year-old girl from a Hungarian-American family. The film is based on the true story of the director, Éva Gárdos, who also wrote the scri ...

'' (2001) * '' No Good Deed'' (2003) * '' I'll Sleep When I'm Dead'' (2004) * '' Stander'' (2004) * '' Asylum'' (2005) * ''Shooting Gallery'' (2005) * ''

'' (2005) * ''

Deal A deal, or deals may refer to: Places United States * Deal, New Jersey, a borough * Deal, Pennsylvania, an unincorporated community * Deal Lake, New Jersey Elsewhere * Deal Island (Tasmania), Australia * Deal, Kent, a town in England * Deal, ...

'' (2006) * ''

Autopsy An autopsy (post-mortem examination, obduction, necropsy, or autopsia cadaverum) is a surgical procedure that consists of a thorough examination of a corpse by dissection to determine the cause, mode, and manner of death or to evaluate any di ...

'' (2007) * '' Knife Edge'' (2008) * ''Nine Miles Down'' (2009) * ''

The Pool Boys ''The Pool Boys'' (also known as ''American Summer'') is a 2008 American comedy film directed by James B. Rogers. It stars Matthew Lillard, Brett Davern, Rachelle Lefèvre, Efren Ramirez and Tom Arnold. Principal photography began in late April ...

'' (2010) * '' Night of the Demons'' (2010)

Controversy

Michael Arata, and Peter Hoffman were accused of conspiracy, wire fraud in New Orleans 7 February 2014. Investigators said Arata and Hoffman sought tax credits for money they fraudulently claimed had been spent on the property.

References

External links

*
Seven Arts Pictures
at the

IMDb IMDb (an abbreviation of Internet Movie Database) is an online database of information related to films, television series, home videos, video games, and streaming content online – including cast, production crew and personal biographies, ...

{{Authority control Companies based in Los Angeles Companies traded over-the-counter in the United States Film distributors of the United Kingdom Film production companies of the United Kingdom