Formerly | Fox Searchlight Pictures, Inc. (1994–2020) |
---|---|
Company type | Subsidiary |
Industry | Film |
Founded | April 29, 1994 |
Founder | Tom Rothman[1] |
Headquarters | 10201 West Pico Boulevard, , United States[2] |
Area served | Worldwide |
Key people |
|
Products | Motion pictures |
Owner | Fox Entertainment Group (1994–2019) The Walt Disney Studios (2019–present) |
Number of employees | 100+ |
Divisions | Searchlight Television |
Website | searchlightpictures.com[a] |
Searchlight Pictures, Inc.[2] is an American independent film production and distribution company owned by Walt Disney Studios sub-division of Disney Entertainment, a business segment of the Walt Disney Company. Founded in 1994 as Fox Searchlight Pictures for 20th Century Fox (now 20th Century Studios), the studio focuses primarily on producing, distributing, and acquiring specialty films.
Searchlight is known for distributing the films Slumdog Millionaire, 12 Years a Slave, Birdman, The Shape of Water, and Nomadland, all of which have won an Academy Award for Best Picture. The studio has grossed over $5.3 billion worldwide and amassed 51 Academy Awards, 30 Golden Globe Awards, and 56 BAFTA awards. Slumdog Millionaire is the studio's largest commercial success, with over $377 million (US) of box office receipts, against a production budget of only $15 million.[3]
Searchlight Pictures was one of the 21st Century Fox film production units that was acquired by Disney in 2019. The studio's current name was adopted in order to avoid confusion with Fox Corporation. Searchlight is currently one of five live-action film studios within the Walt Disney Studios, alongside Walt Disney Pictures, Marvel Studios, Lucasfilm, and its larger sister unit 20th Century Studios. Compared to 20th Century, whose distribution operations have folded into Walt Disney Studios Motion Pictures, Searchlight retains its autonomous distribution unit.[4]
Prior to the creation of Searchlight Pictures, 20th Century Fox was active in the specialty film market, releasing independent and specialty films under the banner of 20th Century-Fox International Classics, later renamed 20th Century-Fox Specialized Film Division, then TLC Films. The most notable of the releases under these banners include Suspiria, Bill Cosby: Himself, Eating Raoul, The Gods Must Be Crazy, Reuben, Reuben, and Ziggy Stardust and the Spiders from Mars.[5]
In the early 1990s, 20th Century Fox executives decided to emulate the commercial success of Disney's newly acquired Miramax studio. In 1994, 20th announced the formation of a subsidiary that would drive their entry into the specialty film market, and in July that year, they brought in Thomas Rothman, then president of production at The Samuel Goldwyn Company, to head up the new subsidiary. It was soon given the name "Fox Searchlight Pictures", with Rothman as its founding president.[6][1] The new company inherited the familiar branding elements associated with 20th Century Fox; Fox Searchlight films opened with a production logo consisting of the "Fox Searchlight Pictures" name presented as a large monolith, illuminated by the eponymous searchlights and accompanied by the 20th Century Fox fanfare composed by Alfred Newman.[7][8]
From its first release, The Brothers McMullen (1995), Fox Searchlight went to distribute a series of independent films such as Girl 6, Stealing Beauty, and She's the One (all 1996).[9] While critically well received, these early releases were not commercially very successful; Fox Searchlight's first real commercial breakthrough came with The Full Monty (1997), garnering the studio's first awards.[10]
In 2006, a companion label, Fox Atomic, was created to produce and/or distribute genre films.[11] Fox Atomic closed down in 2009.[12]
On June 28, 2012, Rupert Murdoch announced that Fox Searchlight's owner News Corporation would be split into two publishing and media oriented companies: the second News Corporation, which takes on the publishing and Australian broadcasting assets, and 21st Century Fox, which operated Fox Searchlight parent Fox Entertainment Group. Murdoch states that the 21CF name was a way to maintain 20th Century Fox's heritage.[13][14]
Fox Stage Productions was formed in June 2013.[15] The creation of 21st Century Fox was completed on June 28, 2013.[16] In August 2013, 20CF started a theatrical joint venture with a trio of producers, both film and theater, Kevin McCollum, John Davis and Tom McGrath.[17]
On December 14, 2017, The Walt Disney Company agreed to acquire most assets from 21st Century Fox, including Fox Searchlight, for $52.4 billion.[18] After a bid from Comcast (parent company of NBCUniversal) for $65 billion, Disney counterbid with $71.3 billion.[19] On July 19, 2018, Comcast dropped out of the bid for 21st Century Fox in favor of Sky plc and Sky UK. Eight days later, Disney and 21CF shareholders approved the merger between the two companies.[20] On March 12, 2019, Disney announced it has set to close the Fox deal on March 20.[21][22] On March 19, 2019, 21CF spun off the remaining assets – the Fox Broadcasting Company, Fox Television Stations, the Fox News Group (which includes the Fox News Channel), and the domestic operations of Fox Sports – to the new Fox Corporation in preparation for the completion of the sale, which occurred the following day.[23][24][25] The following day it was announced that Fox Searchlight Pictures would be situated under The Walt Disney Studios banner and several high profile layoffs occurred.[26]
As of November 2019, FX Networks and Fox Searchlight were assigned to supply Hulu with content.[27] On January 17, 2020, it was announced that the "Fox" name would be dropped from several of the Fox assets that were acquired by Disney, shortening the company's name to "Searchlight Pictures", in order to avoid brand confusion with Fox Corporation.[28][7]
More recently, Nancy Utley has officially left Searchlight Pictures after six months, to launch Lake Ellyn Entertainment, and struck a first look deal with Chernin Entertainment.[29] Disney elevated David Greenbaum and Matthew Greenfield, the then-current heads of production.
Rank | Title | Year | Worldwide gross |
---|---|---|---|
1 | Slumdog Millionaire | 2008 | $383,825,427 |
2 | Black Swan | 2010 | $331,266,710 |
3 | The Full Monty | 1997 | $261,249,383 |
4 | Juno | 2007 | $231,450,102 |
5 | The Shape of Water | 2017 | $195,790,794 |
6 | 12 Years a Slave | 2013 | $180,765,061 |
7 | The Descendants | 2011 | $175,507,800 |
8 | The Grand Budapest Hotel | 2014 | $163,037,661 |
9 | Three Billboards Outside Ebbing, Missouri | 2017 | $161,158,351 |
10 | The Best Exotic Marigold Hotel | 2011 | $134,639,780 |
11 | Poor Things | 2023 | $117,537,274 |
12 | Sideways | 2004 | $109,726,800 |
13 | Birdman | 2014 | $102,926,247 |
14 | Little Miss Sunshine | 2006 | $100,642,353 |
15 | The Favourite | 2018 | $95,829,459 |
16 | The Second Best Exotic Marigold Hotel | 2015 | $89,400,862 |
17 | Jojo Rabbit | 2019 | $86,878,073 |
18 | 28 Days Later | 2003 | $82,784,517 |
19 | The Menu | 2022 | $75,820,378 |
20 | Bend It Like Beckham | 2002 | $74,566,042 |
21 | The Hills Have Eyes | 2006 | $70,355,813 |
22 | Street Kings | 2008 | $65,457,811 |
23 | Brooklyn | 2015 | $62,076,141 |
24 | The Tree of Life | 2011 | $61,721,826 |
25 | 127 Hours | 2010 | $60,217,171 |
Since 1994, Searchlight Pictures has accumulated 187 Academy Award nominations with 51 wins (including five Best Picture winners since 2009),[30] 117 Golden Globe nominations with 30 wins,[31] 190 BAFTA nominations with 56 wins,[32] 68 Screen Actors Guild Award nominations with 12 wins,[33] 215 Critics Choice Award nominations with 55 wins,[34] and 137 Independent Spirit Awards nominations with 54 wins.[35]
Searchlight Television is the television production division of Searchlight Pictures. Launched in April 2018, Searchlight Television broadens the variety of projects produced under the Searchlight banner. It is headed by David Greenbaum and Matthew Greenfield.[36][37]
Both original material and adaptations of Searchlight's existing film library will be produced for cable, streaming and broadcast television, in the form of documentaries, scripted series, limited series and more. In April 2019, the Hulu streaming service ordered The Dropout, starring Amanda Seyfried from Searchlight Television and 20th Television.[38] The studio is also developing an adaptation of the City of Ghosts novel with ABC Signature and an adaptation of N. K. Jemisin's Inheritance Trilogy with Westbrook Studios.[39][40] In October 2021, Hulu ordered a sequel series to the Mel Brooks film History of the World, Part I from Searchlight Television and 20th Television.[41]
In March 2019, the studio launched Searchlight Shorts, a collection of short films that the studio would acquire from upper-tier festivals and release on their YouTube channel. The first two films to be acquired by the studio for this collection were Shelly Lauman's Birdie and Guy Nattiv's Skin, the latter of which won the 2018 Academy Award for Best Live Action Short Film. Other acquisitions for the collection included A. V. Rockwell's Feathers, Matthew Puccini's Lavender, Freddy Macdonald's Sew Torn, Savanah Leaf and Taylor Russell's The Heart Still Hums and Julia Baylis and Sam Guest's Wiggle Room.[42][43][44]
Citations
Post-merger, Fox Searchlight, now re-branded Searchlight Pictures, enjoys a lot of autonomy in the Disney empire, greenlighting pics they know and operating their own distribution, publicity and marketing teams. 20th Century Studios (which recently dropped the Fox) was melded into the bigger Disney fold, fusing all its operations.
Fox Animation (including Blue Sky Studios) will continue to be led by Co-Presidents Andrea Miloro and Robert Baird.
Sources