The Ladd Company

The Ladd Company was an American film production company founded by Alan Ladd Jr., Jay Kanter, and Gareth Wigan in 1979.

In 1979, the three founders were executives with 20th Century Fox; Ladd was the president. They announced their intention to leave the company when their contracts expired in December 1980 and form a new production company to be financed by Warner Bros. (Ladd had reportedly been quarreling with other Fox senior executives.) Fox subsequently cut their contracts short, ending on October 1, 1979. The day after the contracts expired, the trio placed ads for the newly named "Ladd Company" in ''The Hollywood Reporter'' and ''Variety''.

Under Warner Bros., The Ladd Company distributed ''Chariots of Fire'', which won the 1981 Academy Award for Best Picture. Among the films it produced were the Space Race epic '' The Right Stuff'', the space western '' Outland'', Ridley Scott's science-fiction cult film ''Blade Runner'', neo-noir film ''Body Heat,'' and the first two ''Police Academy'' movies.

''Police Academy'' proved very profitable. But the returns from the company's successes did not outweigh the box-office failures of ''The Right Stuff'', the edited version of Sergio Leone's ''Once Upon a Time in America,'' and the animated '' Twice Upon a Time'' (co-produced with Lucasfilm). On April 18, 1984, Alan Ladd Jr. and Warner Bros. parted ways, even though the former still had three years left on the studio's contract. From that point on, "the Ladd Company ouldbecome a non-exclusive production organization."

During a brief partnership with Paramount Pictures in the mid-1990s, the company produced ''The Brady Bunch Movie'' and the Best Picture Oscar winner '' Braveheart''.

Ladd's later releases are the 2005 Lasse Hallström drama, ''An Unfinished Life,'' and the 2007 Ben Affleck drama ''Gone Baby Gone'', both distributed by Miramax Films.

History

Beginnings

Alan Ladd Jr. had been a successful studio head of 20th Century Fox, helping make films such as '' Star Wars'', ''Julia'', '' Alien'', '' The Turning Point'', ''Young Frankenstein'', ''An Unmarried Woman'' and '' Silver Streak''. He ran into conflict with the company's chairman, Dennis Stanfill and wanted to leave. He left the company in June 1979 to set up his own company along with fellow executives Jay Kanter and Gareth Wigan. Under the terms of their severance with Fox, they were not allowed to start working until October 1, 1979.

The company was known as The Ladd Company and its symbol was a tree. "You could say it has a tie in with the tree of life," said Ladd.In Movieland, Three's a Company: Pace Is Slow at Ladd Co. SCHREGER, CHARLES. Los Angeles Times 10 Oct 1979: g1. They signed a deal with Warner Bros who would finance and distribute their films, although the Ladd Company had creative control. Warners would finance at least $75 million a year.

Ladd said he wanted to make "basically what I made at Fox. I don't think my attitude has changed. Those pictures went all over the place. There wasn't any specific theme to them." Even films like ''Alien'' and ''The Omen'' which he admits were "exploitation pictures, I think we tried to do it with more quality and style than just ripping off a theme."

Early films

In November 1979, Ladd announced the company's first films: a Bette Midler concert movie (Ladd greenlit Midler's ''The Rose'' while at Fox) and ''Madonna Red'' a $10 million Joseph L. Mankiewicz film starring Paul Newman as a Vietnam War veteran turned priest. Then they announced ''Five Days in Summer'' from Fred Zinnemann who had made ''Julia'', and ''Twice Upon a Time'' a $3 million film from Lucasfilm.

The Midler film became '' Divine Madness'' (1980) but ''Madonna Red'' was never made. The first dramatic film the company ended making was '' Outland'' (1981), a science fiction film in the vein of ''Alien'' shot in England under Sandy Lieberson, the company's head of European operations. It was a commercial disappointment when released.

The Ladd Company's second film was going to be a Bernardo Bertolucci film starring Ugo Tognazzi. This was never made. However the company had a critical and commercial hit with ''Body Heat'' (1981) the directorial debut of Lawrence Kasdan, then with ''Chariots of Fire'' (1981), a British film the company helped finance.

''Looker'' (1981) from Michael Crichton was a flop. The company helped make ''Blade Runner'' (1982), directed by Ridley Scott, which was a cult classic years after its theatrical release, but under performed critically and commercially. '' Night Shift'' (1982), directed by Ron Howard, was a minor success.

Series of flops

However the company made a series of flops: '' Love Child'' (1982), '' Five Days One Summer'' (1982), '' Lovesick'' (1983) and '' Twice Upon a Time'' (1983).

The Ladd Company hoped for a big hit with the $28 million '' The Right Stuff'' (1983) but it only returned $10 million to the company. Larry Gross later wrote,

The Ladd Company, a director-friendly bunch, went down with ''The Right Stuff''. Execs look very closely at what causes other companies to retire from the field. The levels of caution multiply.

Also unsuccessful were ''Star 80'' (1983) and ''Mike's Murder'' (1983).

Ladd developed ''Country'' but sold the film to another company. They also had '' Splash!'' from Ron Howard but put it in turnaround, as they did '' The Big Chill'' (1983).

The company had a huge hit with ''Police Academy'' (1984), made for $4.2 million which grossed $81 million and led to several sequels. Less successful were '' Purple Hearts'' (1984) and ''Once Upon a Time in America'' (1984) which the company extensively edited without the cooperation of Sergio Leone.

End of company

The success of ''Police Academy'' came too late to save the company. In April 1984, Warners announced its association with the Ladd Company was over and Ladd became a nonexclusive production organization.

By July 1984, the ''New York Times'' wrote that,
: In essence, the Ladd Company no longer exists; although the label still exists, most of its executives have left. The company failed partly as a result of the dismal box-office record of many of its interesting, intelligent movies, including ''The Right Stuff,'' and partly because new management at Warner Brothers, which financed and distributed Ladd Company films, did not care to nurture the smaller movie company.

In July 1984, Kanter left the company to become head of production at MGM/UA. Ladd followed, becoming head of MGM/UA in February 1985.

The last two films made by the company during its first incarnation were '' Police Academy 2: Their First Assignment'' (1985) and ''Doin' Time'' (1985).

Revival

Ladd was ousted from MGM/UA in the mid 1990's. He reformed The Ladd Company, and in 1995 produced the Oscar-winning film '' Braveheart'', a film he was able to take with him from MGM/UA. Around that same time Ladd also produced ''The Phantom'' (1996) and ''A Very Brady Sequel'' (1996). The Ladd Company's final films were ''An Unfinished Life'' (2005) and ''Gone Baby Gone'' (2007).

List of films

BFI
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References

External links

Entry at imdb.com
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{{DEFAULTSORT:Ladd Company
Film production companies of the United States
Entertainment companies based in California
Companies based in Los Angeles
Entertainment companies established in 1979
Companies disestablished in 2007
1979 establishments in California
Ladd family (show business)